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By Benoît SAUVAGE, Director, Frédéric SCHOLTUS, Director and Michel LAMBION, Managing Director at Deloitte Tax Consulting
PEPP: a pan-European pension scheme, from concept to market product
Before delving into PEPPs, we should look into how these products came about. Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (the PEPP Regulation) was essentially created to remedy a mobility problem of the European Union. For many years, the European Union has struggled against the United States on some metrics, one being sluggish cross-member state relocation. This is due to mobility barriers preventing corporates from hiring the best staff across...
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