Personal pensions

‚ÄčEconomic and demographical situation in the European Union makes it problematic for any Member State to deliver adequate, safe and sustainable pensions to its citizens. In this context the EU acknowledges the necessity to put in practice comprehensive strategies and policies and in particular to combine public and private pension regimes.

During 2013, EIOPA upon the request from the European Commission started to explore prudential regulation and consumer protection measures that would be necessary to create an EU single market for personal pensions. This work resulted in the publication of the Preliminary Report "Towards an EU single market for personal pensions" (February, 2014) that was submitted to the Commission.

EIOPA continues its studies in the area of personal pensions in order to provide further advice to the EU institutions