EU Gov'ts Back Plan For Pan-European Pension Scheme
Law360, London (February 13, 2019, 5:21 PM GMT) -- The European Union edged closer to creating a blocwide pension regime on Wednesday after member state governments endorsed reforms aimed at narrowing the bloc's annual savings gap of €2 trillion ($2.3 trillion).
The Council of the EU announced that a political agreement had been reached in Brussels for a new class of pan-European personal pension products, or PEPPs, to be created. It is hoped that the draft regulation will promote competition between providers and give people a greater choice of where to put their money aside.
"Pan-European pension products will create a new opportunity to put aside long-term savings using capital...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!