Next Generation Technical Support

News

Efama urges EU to create Europe-wide pension product

Efama urges EU to create Europe-wide pension product

The European Fund and Asset Management Association (Efama) has urged the European Commission to create a standardised Pan-European personal pension product (Pepp) – in response to ongoing plans to create a single market for financial retail products. The organisation, which represents the investment management industry in Europe, announced that although it "strongly supports" moves by the EU to make financial products such as mortgages, life insurance and investment funds available to all consumers across the continent at the same price, it urged the body to go further and introduce a standardised Pan-European personal pension product (Pepp). Please link to International Adviser to read the full article by Monira Matin.

Become a member for as little as £25/month