Consultation on framework to address value for money risk in the European unit-linked market

This consultation is a response to EIOPA’s repeatedly highlighted concerns that, while unit-linked products can and often do offer important benefits for policyholders, costs for some unit-linked products continue to remain too high. Existing concerns have been heightened by the COVID-19 crisis. The low interest rate environment coupled to market shocks and the risk that households will need increased access to liquidity, underline how important it is that unit-linked products always offer value to consumers.

EIOPA welcomes comments on the consultation paper on the framework to address value for money risk in the European unit-linked market by 16 July 2021 via the survey below.