Online industry survey on the attractiveness of a Pan-European Personal Pension Product

​Responses to the survey that were agreed to be published​​​


In July 2014, the European Commission sent EIOPA a Call for Advice on the Development of an EU Single Market for Personal Pension Products (PPP). In view thereof, EIOPA recently consulted the public on the creation of a Pan-European Personal Pensions Product (PEPP) in the form of a '2nd regime', where the deadline for providing comments expired on 5 October 2015.

In continuation thereof and with a view to delivering its technical advice to the European Commission in 2016, further input is sought in particular from the insurance and pensions sectors together with the asset management industry on the attractiveness of the PEPP by means of a short survey.

It is recalled that EIOPA's ambition is to create a simple, trustworthy, standardised and fully transparent PEPP in the format of a long-term retirement savings product. A truly single market for personal pensions can reduce costs and provide better returns to consumers by increasing economies of scale. In this manner a contribution to removing barriers to cross-border provision of services can be achieved, helping the provision of long-term stable funding to the EU economy and being a catalyst of the CMU.

EIOPA welcomes input on this survey via the questions in the survey.

Comments are most helpful if they:

  • respond to the question stated, where applicable;
  • contain a clear rationale; and
  • describe any alternatives EIOPA should consider.

The deadline for providing your comments to EIOPA has expired.

Publication of responses

Contributions received will be published on EIOPA's public website unless you request otherwise in the respective field in the template for comments. A standard confidentiality statement in an email message will not be treated as a request for non-disclosure.

Please note that EIOPA is subject to Regulation (EC) No 1049/2001 regarding public access to documents and EIOPA's rules on public access to documents​.

Contributions will be made available at the end of the public consultation period.

Data protection

Please note that personal contact details (such as name of individuals, email addresses and phone numbers) will not be published. They will only be used to request clarifications if necessary on the information supplied.

EIOPA, as a European Authority, will process any personal data in line with Regulation (EC) No 45/2001 on the protection of the individuals with regards to the processing of personal data by the Community institutions and bodies and on the free movement of such data. More information on data protection can be found at https://eiopa.europa.eu/ under the heading 'Legal notice'.