NFU Consultation Reply on supplementary pensions
Summary
The European Commission’s consultation on supplementary pensions explores ways to improve transparency, portability, and coverage of occupational and personal pension schemes across the EU.
In its reply, the Nordic Financial Unions (NFU) supports efforts to enhance pension tracking and comparability but stresses that reforms must respect national models and collective agreements. NFU cautions against EU-level auto-enrolment or preferential tax treatment for the PEPP that could undermine established occupational systems.
NFU’s key message: EU action should strengthen, not replace, well-functioning national and social partner-based pension systems.