EPP Group MEPs debate the Pan-European Personal Pension Product (PEPP)

Europe’s population is ageing with people living longer and having fewer children. With less money coming into the state pension pot and greater demands on that same pot of money, there may well be a shortfall.The EPP Group has organised a hearing to debate the European Commission’s proposal to create a new type of voluntary, pan-European personal pension product that will complement state-based pensions.One of the benefits for PEPP savers is that they will be able to continue contributing to their PEPP when moving to another Member State and that they have enough money to live after they have retired.