Chapter II, Article 4, Paragraph 3. · Commission Delegated Regulation (EU) 2021/473

Contents

3.In the section titled ‘What are the risks and what could I get in return?’ of the PEPP KID, information on the standardised performance scenarios of favourable, best estimate and unfavourable, shall be presented in relation to the projected PEPP retirement benefits based on the following elements:

(a)the projections shall include four generic PEPP savers with 40, 30, 20 and 10 years until the end of the accumulation phase and be based on a standardised contribution level;

(b)the favourable scenario shall refer to the 85th percentile of the distribution, the best estimate scenario to the median and the unfavourable scenario to the 15th percentile of the distribution;

(c)the projected accumulated capital at the end of the accumulation period and the projected monthly retirement benefits shall be adjusted for the effects of inflation;

(d)the information shall contain narrative explanation, including nominal amounts, of the translation in today’s values due to the changes in purchasing powers over time.