The Pensioneer Trustee Company (Guernsey) Limited

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EFAMA outlines rules for EU-wide pension product

March 4, 2015

Following widespread research and feedback, the association has produced a blueprint which it hopes will guide the European Insurance and Occupational Pensions Authority (EIOPA) as it works to create a standardised EU-pension product. 

The product would be a European brand of pension which is designed to overcome what the European Fund and Asset Management Association (EFAMA) said is a “fragmented” European pensions market. The product would need to meet certain standards and be distributed throughout Europe for EU passport-holders.
 
Feedback around the European personal pension (EPP) concept was generally positive, with 100% of asset management firms wanting to take part as providers, and a third also wishing to act as distributors.
 
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The Pensioneer Trustee Company (Guernsey) Limited is licensed by the Guernsey Financial Services Commission under The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000 and subject to The Pension Licensees (Conduct of Business) & Domestic and International Pension Scheme and Gratuity Scheme Rules (No.2) 2017.