Milestones
The European Commission, based on EIOPA’s Advice on the development of a European Union single market for personal pension products, proposed a regulation for the PEPP that would foster the development of a large and competitive European market of personal pensions.
- 2020
______ March 2022
The Pan-European Personal Pension Product (PEPP) Regulation starts to apply.
- 2020
______ August 2020
EIOPA submits to the European Commission draft regulatory and implementing technical standards
- 2019
______ July 2019
Adoption of the Regulation on 25 July 2019.
Call for advice from the Commission, mandating EIOPA to work on regulatory and implementing technical standards
- 2018
______ January 2018
Discussion of the draft Regulation between the co-legislators.
- 2017
______ June 2017
Based on EIOPA’s advice on the development of an EU single market for PPP, the EC issued a proposal for a regulation on a pan-European personal pension product (PEPP) in June 2017, which was discussed and assessed by the co-legislators, the European Parliament and Council.
- 2016
______ January 2016
In July 2016, EIOPA issued a Call for advice to the EC recommending the creation of a PEPP in the form of a complementary regime alongside national
- 2014
______ January 2014
Following the publication of the discussion paper, EIOPA submitted to the EC a preliminary report in 2014 Towards an EU single market for personal pensions. As a result, the EC called EIOPA for advice on a regulatory regime to develop an EU single market for Personal Pension Product.
- 2013
______ May 2013
Upon the request from the EC, EIOPA published in May 2013 a Discussion Paper on a possible EU single market for personal pension products.
- 2012
______ July 2012
In July 2012, the EC asked EIOPA to develop technical advice on an EU Internal Market for personal pension schemes.