Trade Association Launches European Pension Institute
The European Federation of Financial Advisers and Financial Intermediaries (FECIF) is launching a pan-European pension foundation—the FECIF European Pension Institute—to help address the pension gap, and promote the development of consumer-oriented personal pension offerings.
“The subject of additional pension provision is now more than ever on the table, with the European Commission’s draft Regulation for a Pan-European Personal Pension Product,” Daphne Foulkes, chair of the FECIF European Pension Institute (FEPI), said in a release.
The FECIF is a Brussels-based non-profit organization that was formed in 1999 to promote the role of financial advisers and intermediaries in Europe. It represents more than 30 trade bodies or industry organizations, through which it acts on behalf of over 245,000 advisors and intermediaries in Europe, and approximately 640,000 individuals in total.
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