On behalf of the Plataforma Logroñesa para la Defensa del Sistema Público de Pensiones (Logroño Platform for the Defence of the Public Pension System), in favour of scrapping pan-European personal pension products (PEPPs) 

Petition addressed to: Petitionsausschuss des Europäischen Parlaments

The petitioner calls for the EU to consider scrapping pan-European personal pension products (PEPPs), as he believes that they will lead to the privatisation of pensions. He believes that this will give rise to a situation whereby pensions are to be sold by brokers, to the detriment of the most disadvantaged groups in society. He criticises the European Parliament’s vote on 4 April 2019 on a proposal for a regulation on PEPPs, as he believes the text defends the interests of the most well-off and penalises those most in need.