The Pan-European Personal Pension Product (PEPP) was launched to provide a truly portable, transparent, and future-proof way for Europeans to save for retirement. Yet, two years after the Regulation came into force, only two providers have been authorized. As one of them, LifeGoals Financial Services has not only built a fully licensed, multi-option PEPP offering — featuring ESG-integrated lifecycle investment strategies tailored to diverse retirement horizons — but also advocated for the structural reforms needed to make the PEPP work at scale.
In our new Position Paper on the Future of the PEPP, we share practical insights and policy recommendations drawn from our hands-on experience delivering the PEPP across Member States. Our proposals include excluding VAT from the 1% cost cap, simplifying regulatory requirements for the Basic PEPP, integrating employer contributions, and replacing the need for a separate occupational product with a unified, flexible PEPP framework. These changes would ensure that the PEPP is viable not just in theory but in practice — for savers, providers, and national systems alike.
At LifeGoals, our mission is to democratize long-term savings through accessible, tech-enabled pension solutions that serve today’s mobile and digitally savvy Europeans. We believe the PEPP remains a powerful tool for financial inclusion and cross-border retirement adequacy — if the framework is refined. We invite policymakers, regulators, and industry partners to read our full paper and collaborate toward a stronger, simpler, and more scalable future for European pensions.
You can download the full paper here.