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Regulation (EU) 2019/1238 of the European Parliament and of the CouncilShow full title

Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (PEPP) (Text with EEA relevance)

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  1. Introductory Text

  2. CHAPTER I GENERAL PROVISIONS

    1. Article 1.Subject matter

    2. Article 2.Definitions

    3. Article 3.Applicable rules

    4. Article 4.PEPP contract

  3. CHAPTER II REGISTRATION

    1. Article 5.Registration

    2. Article 6.Application for registration of a PEPP

    3. Article 7.Registration of a PEPP

    4. Article 8.Conditions for deregistration of a PEPP

    5. Article 9.Designation

    6. Article 10.Distribution of PEPPs

    7. Article 11.Prudential regime applicable to different types of providers

    8. Article 12.Publication of national provisions

    9. Article 13.Central public register

  4. CHAPTER III CROSS-BORDER PROVISION AND PORTABILITY OF PEPP

    1. SECTION I Freedom to provide services and freedom of establishment

      1. Article 14.Exercise of the freedom to provide services and freedom of establishment by PEPP providers and PEPP distributors

      2. Article 15.Exercise of the freedom to provide services by IORPs and EU AIFM

      3. Article 16.Powers of the competent authorities of the host Member State

    2. SECTION II Portability

      1. Article 17.The portability service

      2. Article 18.Provision of the portability service

      3. Article 19.Sub-accounts of the PEPP

      4. Article 20.Opening of a new sub-account

      5. Article 21.Provision of information on portability to the competent authorities

  5. CHAPTER IV DISTRIBUTION AND INFORMATION REQUIREMENTS

    1. SECTION I General provisions

      1. Article 22.General principle

      2. Article 23.Distribution regime applicable to different types of PEPP providers and PEPP distributors

      3. Article 24.Electronic distribution and other durable mediums

      4. Article 25.Product oversight and governance requirements

    2. SECTION II Pre-contractual information

      1. Article 26.PEPP KID

      2. Article 27.Language of the PEPP KID

      3. Article 28.Content of the PEPP KID

      4. Article 29.Marketing materials

      5. Article 30.Revision of the PEPP KID

      6. Article 31.Civil liabilities

      7. Article 32.PEPP contracts which cover biometric risks

      8. Article 33.Provision of the PEPP KID

    3. SECTION III Advice

      1. Article 34.Specification of demands and needs and provision of advice

    4. SECTION IV Information during the term of the contract

      1. Article 35.General provisions

      2. Article 36.PEPP Benefit Statement

      3. Article 37.Supplementary information

      4. Article 38.Information to be given to PEPP savers during the pre-retirement phase and to PEPP beneficiaries during the decumulation phase

      5. Article 39.Information to be given on request to PEPP savers and PEPP beneficiaries

    5. SECTION V Reporting to national authorities

      1. Article 40.General provisions

  6. CHAPTER V ACCUMULATION PHASE

    1. SECTION I Investment rules for PEPP providers

      1. Article 41.Investment rules

    2. SECTION II Investment options for PEPP savers

      1. Article 42.General provisions

      2. Article 43.Choice of investment option by the PEPP saver

      3. Article 44.Conditions for modification of the chosen investment option

      4. Article 45.The Basic PEPP

      5. Article 46.Risk-mitigation techniques

    3. SECTION III Other aspects of the accumulation phase

      1. Article 47.Conditions related to the accumulation phase

  7. CHAPTER VI INVESTOR PROTECTION

    1. Article 48.Depositary

    2. Article 49.Coverage of biometric risks

    3. Article 50.Complaints

    4. Article 51.Out-of-court redress

  8. CHAPTER VII SWITCHING OF PEPP PROVIDERS

    1. Article 52.Provision of the switching service

    2. Article 53.The switching service

    3. Article 54.Fees and charges connected with the switching service

    4. Article 55.Protection of PEPP savers against financial loss

    5. Article 56.Information about the switching service

  9. CHAPTER VIII DECUMULATION PHASE

    1. Article 57.Conditions related to the decumulation phase

    2. Article 58.Forms of out-payments

    3. Article 59.Modifications of the forms of out-payments

    4. Article 60.Retirement planning and advice on out-payments

  10. CHAPTER IX SUPERVISION

    1. Article 61.Supervision by the competent authorities and monitoring by EIOPA

    2. Article 62.Powers of competent authorities

    3. Article 63.Product intervention powers of competent authorities

    4. Article 64.Facilitation and coordination

    5. Article 65.Product intervention powers of EIOPA

    6. Article 66.Cooperation and consistency

  11. CHAPTER X PENALTIES

    1. Article 67.Administrative penalties and other measures

    2. Article 68.Exercise of the power to impose administrative penalties and other measures

    3. Article 69.Publication of administrative penalties and other measures

    4. Article 70.Duty to submit information to EIOPA in relation to administrative penalties and other measures

  12. CHAPTER XI FINAL PROVISIONS

    1. Article 71.Processing of personal data

    2. Article 72.Exercise of the delegation

    3. Article 73.Evaluation and report

    4. Article 74.Entry into force and application

  13. Signature

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