EIOPA issued its strategy and action plan on consumer detriment in occupational pensions

Pensions are of the utmost importance for consumers, but at the same time
pensions are often perceived as a very complex topic. In order to ensure
the protection of pension scheme members and beneficiaries, EIOPA
published a report (Link:
https://eiopa.europa.eu/activities/consumer-protection-and-financial-innovation/index.html
)to adopt a systematic approach to this issue. EIOPA will analyse and take
action on, for example, the following issues: Management of occupational
pension schemes (charges; value for money; training standards); Lack of
European convergence (portability of acquired rights); and Insufficient
availability and comparability of relevant information.


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