EU Accused of "Not Being Effective" in Supporting Pension Schemes

In a report published on Wednesday, the EU Court of Auditors warns against major problems with supplementary pensions.

Less than 5,000 contracts, hardly any providers, massive criticism: The European pension PEPP is considered a stillbirth. The European Court of Auditors reprimands the concept – and German associations such as VOTUM and BVK demand profound reforms. read more

The Federal Association of German Insurance Merchants is confirmed by the European Court of Auditors' current Special Report No. 14/2025 in its long-standing criticism of the Pan-European Personal Pension Product (PEPP). The report shows clear deficits in the European pension product. BVK's contribution renews criticism of European pension appeared first on insurance industry today.

EU accused of "not being effective" in supporting pension schemes

The EU has not been effective in supporting the development of supplementary pensions, which complement state pensions and help ensure an adequate retirement income for EU citizens, according to a new report by the European Court of Auditors (ECA). Against … Read more Continue reading EU accused of “not being effective” in supporting pension schemes at The Brussels Morning Newspaper.

EU watchdog urges EC to change approach to pensions given failures

IORP II, PEPP regulation have failed to boost supplementary pensions, says European Court of Auditors

The European Union has failed to support the development of additional pensions, which comes to completion of state pensions and helps ensure an adequate pension income for EU citizens, is presented in a new report of the European Court of Auditors.