Critics fear EuroPension repeats mistakes that doomed PEPP

Photo: Jacek Dylag/Unsplash.
Photo: Jacek Dylag/Unsplash.
Europe’s pensions supervisor is relaunching the failed Pan-European Personal Pension Product under a new label, EuroPension. Critics warn the project risks repeating past mistakes: too complex to compete with low-cost ETFs, too weak to rival national schemes, and too focused on capital markets at the expense of statutory pensions.

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