Technical input for the reviews of the IORP II Directive and the PEPP Regulation in the context of the Savings and Investments Union

EIOPA provided its technical input to the questionnaire sent by the European Commission to support the development of supplementary pensions in the context of its Savings and Investments Union strategy. 

In its response, EIOPA put forward a set of proposals to adapt the EU regulatory and supervisory frameworks for supplementary pensions - the IORP II Directive and the PEPP Regulation, emphasising the need for value for money, an auto-enrolment system and enhanced supervision. EIOPA’s proposals cater for the financial needs of European citizens and the EU economy alike, and would help to expand pension coverage, lower costs, build public trust and ensure robust oversight.