A regulation establishing a voluntary pan-European personal pension product (PEPP) will take effect in July 2020, one year after its publication in the EU’s Official Journal on 25 Jul 2019. The PEPPs will complement public and occupational pensions and increase retirement savings choices for all individuals, especially mobile workers. The European Commission and European Insurance and Occupational Pensions Authority (EIOPA) will publish delegated acts setting out definitions and other details for PEPPs, which likely will become available in late 2021.
The regulation outlines several standards for PEPPs:
Mercer Law & Policy Resources