Chapter I, Article 2, Point (9) · PEPP

Contents

(1) ‘personal pension product’ means a product which:
(2) ‘pan-European Personal Pension Product’ or ‘PEPP’ means a…
(3) ‘PEPP saver’ means a natural person who has concluded a PE…
(4) ‘PEPP contract’ means a contract between a PEPP saver and…
(5) ‘PEPP account’ means a personal pension account held in th…
(6) ‘PEPP beneficiary’ means a natural person receiving PEPP b…
(7) ‘PEPP customer’ means a PEPP saver, a prospective PEPP sav…
(8) ‘PEPP distribution’ means advising on, proposing, or carry…
(9) ‘PEPP retirement benefits’ means benefits paid by referenc…
(10) ‘PEPP benefits’ means PEPP retirement benefits and other a…
(11) ‘accumulation phase’ means the period during which assets…
(12) ‘decumulation phase’ means the period during which assets…
(13) ‘annuity’ means a sum payable at specific intervals over a…
(14) ‘drawdown payments’ means discretionary amounts which PEPP…
(15) ‘PEPP provider’ means a financial undertaking as referred…
(16) ‘PEPP distributor’ means a financial undertaking as referr…
(17) ‘durable medium’ means any instrument which:
(18) ‘competent authorities’ means the national authorities des…
(19) ‘home Member State of the PEPP provider’ means home Member…
(20) ‘home Member State of the PEPP distributor’ means:
(21) ‘host Member State of the PEPP provider’ means a Member St…
(22) ‘host Member State of the PEPP distributor’ means a Member…
(23) ‘sub-account’ means a national section which is opened wit…
(24) ‘capital’ means aggregate capital contributions, calculate…
(25) ‘financial instruments’ means those instruments specified…
(26) ‘depositary’ means an institution charged with the safekee…
(27) ‘Basic PEPP’ means an investment option as laid down in Ar…
(28) ‘risk mitigation techniques’ means techniques for a system…
(29) ‘biometric risks’ means risks linked to death, disability…
(30) ‘switching provider’ means, upon a PEPP saver’s request, t…
(31) ‘advice’ means a personal recommendation provided by the P…
(32) ‘partnership’ means cooperation between PEPP providers to…
(33) ‘environmental, social and governance factors’ or ‘ESG fac…

(9)‘PEPP retirement benefits’ means benefits paid by reference to reaching, or the expectation of reaching, retirement in one of the forms referred to in Article 58(1);