Examples of using Pepp in English and their translations into Croatian
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After the initial choice made upon the subscription of a PEPP, the PEPP saver should have the possibility to modify this choice at reasonable intervals(every five years),
PEPP providers and distributors referred to in Article 19(c)
In particular, PEPP savers should not bear any financial loss deriving from the payment of additional fees,
A broad circle of PEPP providers from different sectors of the financial industry would testify for the economic viability of PEPPs
PEPP providers and PEPP distributors shall comply at all times with the provisions of this Regulation,
the administrative burden involved, PEPP providers and distributors should provide clear and adequate information to potential PEPP savers and PEPP beneficiaries to support their decision-making about their retirement.
PEPP providers shall have appropriate systems and structures in place to fulfil the requirements laid down in paragraphs 1 to 4 as well as a written policy, approved by the administrative, management or supervisory body of the PEPP provider, ensuring the ongoing appropriateness of the information submitted.
In terms of advice, PEPP providers will be expected to conduct a suitability and appropriateness test of potential PEPP savers, although savers may waive their right to receive advice if they opt for the default option.
after introduction of PEPP, have a higher share of savings in PPPs as compared to holdings of other financial assets such as e.g.
this Regulation should provide for publication by the PEPP manufacturer of PEPP key information documents on its website.
implement technical standards on a standardised presentation format for the PEPP Benefit Statement.
As very long-term investors with low liquidity risks, PEPP providers are in a position to contribute to the development of the CMU by investing in non-liquid assets such as shares
of this Regulation shall provide the PEPP saver with a personalised recommendation explaining why a particular PEPP would best meet the PEPP savers 's demands and needs.
corresponding to the legal requirements and conditions for using incentives fixed at national level for the PEPP by the Member State to which the PEPP saver moves.
of a minimum period of belonging to a PEPP scheme, of a maximum period before reaching the retirement age for joining a PEPP scheme, as well as conditions for redemption in case of particular hardship.
distributor shall warn them that it is not in a position to determine whether the PEPP envisaged is appropriate for them.
That date shall be at least six working days after the date on which the receiving PEPP provider receives the documents transferred from the transferring PEPP provider pursuant to paragraph 4. Member States may require the authorisation from the PEPP saver to be in writing and that a copy of the authorisation be provided to the PEPP saver.
versus EUR 1.4 trillion without the PEPP assuming the PEPP would benefit from the existing national tax incentives for personal pension products.
According to the EY study, it would result in the assets under management in the personal pension product market growing from EUR 0.7 trillion to EUR 2.1 trillion by 2030 with the PEPP versus EUR 1.4 trillion without the PEPP,