Plan your Retirement

The PEPP is developed according to the European Regulation (EU) 2019/1238 and regulated by the European Insurance and Occupational Pensions Authority (EIOPA).

At a national level, the PEPP is regulated by the national competent authorities of each Member State. The LifeGoals PEPP is under the supervision of the Cyprus Securities and Exchange Commission.

The tax treatment of the PEPP is subject to the rules and regulations on how pension contributions, investment returns, and withdrawals are taxed at each EU Member State.

In Cyprus, savers’ contributions into the PEPP and the payment of the accumulated funds at retirement are tax deductible.

The Basic PEPP is the default investment option offered to PEPP savers, which is designed as a safe, low-risk investment option aiming to preserve the saver’s capital, while providing the potential for modest investment returns over the long term.

The LifeGoals Basic PEPP is developed on sound risk-mitigation techniques and ‘Life-Cycling’; where the investment allocation is gradually adapted during the PEPP saver’s life spectrum, lowering the investment risk as the PEPP Saver approaches retirement.

The LifeGoals Basic PEPP is subject to a regulatory cost cap of 1% of the accumulated capital per annum, making it an affordable and accessible retirement savings option for all EU citizens.

The LifeGoals PEPP strives to provide transparency to its users by providing clear, easy-to-understand information about the product, its fees, risks, and potential returns, all through the LifeGoals online platform.

The Lifegoals Group PEPP can be offered as a cost-effective workplace pension scheme under which the employer can make contributions on behalf of the employee, as a benefit or incentive. Employees can also make additional contributions from their salaries.