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Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (PEPP) (Text with EEA relevance) article 4 CELEX: 02019R1238-20240109 PEPP contract
1. The PEPP contract shall lay down the specific provisions for the PEPP in accordance with the applicable rules referred to in Article 3. |
Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (PEPP) (Text with EEA relevance) article 4 CELEX: 02019R1238-20240109 2. The PEPP contract shall in particular include the following: (a) a description of the Basic PEPP, as referred to in Article 45, including information on the guarantee on the capital invested or the investment strategy directed at ensuring the capital protection; (b) a description of the alternative investment options, as referred to in Article 42(2), where applicable; (c) the conditions related to the modification of the investment option referred to in Article 44; (d) where the PEPP offers biometric risk coverage, details of that coverage, including the circumstances that would trigger it; (e) a description of the PEPP retirement benefits, in particular the possible forms of out-payments and the right to change the form of out-payment referred to in Article 59; (f) the conditions related to the portability service referred to in Articles 17 to 20 including information on the Member States for which a sub-account is available; (g) the conditions related to the switching service referred to in Articles 52 to 55; (h) the categories of costs and total aggregate costs expressed in percentage terms and in monetary terms, where applicable; (i) the conditions related to the accumulation phase for the sub-account corresponding to the Member State of residence of the PEPP saver referred to in Article 47; (j) the conditions related to the decumulation phase for the sub-account corresponding to the Member State of residence of the PEPP saver referred to in Article 57; (k) where applicable, the conditions under which advantages or incentives granted are to be repaid to the Member State of residence of the PEPP saver. |