Regulator Sets Out Reporting Rules For Pan-EU Pensions
Law360, London (June 4, 2021, 1:40 PM BST) -- Europe's pensions watchdog set out guidelines on Friday to steer insurers, banks and asset managers on the information they must report to regulators about the bloc-wide pension plans they offer to EU retirement savers, and how frequently they should do so.
The European Insurance and Occupational Pensions Authority has published guidance to help providers prepare supervisory reports about the pan-European personal pension products that they must hand over to regulators.
The products, known as PEPPs, have standard features wherever they are sold, allowing retirement savers to put money into a single plan even if they move from one member state to another. Pension providers,...
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