FECIF forms new pensions institute

FECIF forms new pensions institute

The European Federation of Financial Advisers and Financial Intermediaries (FECIF) has formed a new pension institute.

The FECIF European Pension Institute (FEPI) will support and promote the development of consumer-orientated pension solutions that address the pension gap in Europe.

Its chairperson, Daphne Foulkes, is an experienced pension expert with a long international career, including holding the post of senior pensions expert at the European Central Bank in Frankfurt.

She will be assisted by Simon Colboc, FEPI’s first secretary general. He has held executive positions at BNP Paribas, Fortis and Prudential.

The initial board FECIF includes Vincent Derudder, FECIF’s honorary chairman, and Paul Stanfield, who already holds chief executive officer roles at FECIF and the Federation of European Independent Financial Advisers.

“We are delighted to announce the launch of this institute,” said Foulkes. “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 (PEPP) issued in mid-2017 and the recent working paper released by the European Parliament on the same topic.”

“FECIF has had a PEPP Working Group for some time and been a very active respondent at each stage—and will continue to participate in the debate on the PEPP, particularly concerning the need to align the interests of all potential stakeholders. This work will now come under the newly formed FEPI.”

Categories: European Pensions, News

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