Author (Person) | Lannoo, Karel |
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Publisher | Centre for European Policy Studies [CEPS] |
Series Title | CEPS ECMI Commentary |
Series Details | No.57/2018 |
Publication Date | September 2018 |
Content Type | Journal | Series | Blog |
Abstract: The EU is well on its way to agreeing on a new European financial product rule, the PanEuropean Pension Product (PEPP). Proposed a year ago, both the Parliament and the Council have finalised their readings, ready to have it adopted before this Parliament steps down. The PEPP is intended to make large-scale portable and cost-efficient savings products available throughout the EU. Over time, this first buy-side financial initiative from the EU under the capital markets union programme could become a significant investment vehicle in support of the EU economy, even overtaking the current UCITS, first adopted in 1985. |
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Source Link |
Link to Main Source
https://www.ceps.eu/ceps-publications/pepp-could-become-new-ucits/
Alternative sources
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Subject Categories | Economic and Financial Affairs |
Subject Tags | Banking Union |
International Organisations | European Union [EU] |