Sven Giegold

Consumer protection

Finance lobby pushes to water down PEPP fees cap

Today, the consultation phase for EIOPA’s proposal on a fees cap on the pan-European pension product (PEPP) ends. EIOPA had consulted on draft standards to cap all costs and charges at 1% except for costs related to capital guarantees of savings products. In their contributions to the consultation, several European lobby groups complained about the […]