FESE supports the creation of a Pan-European Personal Pension Product (PEPP) in line with the 2016 EIOPA's ‘Advice on the development of an EU Single Market for personal pension products (PPP)’. 

FESE believes that creating this product would help the EU in meeting the challenges of an aging economy, the sustainability of its public finances, the provision of adequate retirement incomes and fostering increased long-term investment. In particular, FESE supports a PEPP that allows retail savers to make direct investments in shares and bonds, i.e. that retail investors should have the choice on what they invest in via their intermediary.

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