7 Amendments of Neena GILL related to 2017/0143(COD)
Amendment 183 #
Proposal for a regulation
Recital 1 a (new)
Recital 1 a (new)
(1a) Priority should be given to further developing, strengthening and reforming the first (public) and second (occupational) pillars of the national pensions systems. Both pillars will remain paramount for the sustainability of national schemes as personal pension products will just represent an additional source of income and will not aim at replacing them. It is in the first place a political choice whether the share of first pillar pay-as-you-go public pensions as part of the placement rate will decline.
Amendment 348 #
Proposal for a regulation
Article 2 – paragraph 1 – point 3 – point a
Article 2 – paragraph 1 – point 3 – point a
(a) a retail client means a client who is not a professional client as defined in point (11) of Article 4(1) of Directive 2014/65/EU of the European Parliament and of the Council41 ; __________________ 41 Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (OJ L 173 12.6.2014, p. 349).
Amendment 374 #
Proposal for a regulation
Article 2 – paragraph 1 – point 21
Article 2 – paragraph 1 – point 21
(21) “capital” means aggregate capital contributions and uncalled committed capital, calculated on the basis of amounts investible afterbefore deduction of all fees, charges and expenses that are directly or indirectly borne by investors;
Amendment 389 #
Proposal for a regulation
Article 3 – paragraph 1 – point c – point ii
Article 3 – paragraph 1 – point c – point ii
(ii) the provisions of Member States’ laws which would apply to a comparable personal pension product manufactured and distributed in accordance with the law of the Member State in which the manufacturer has its registered officeof the PEPP saver.
Amendment 416 #
Proposal for a regulation
Article 5 – paragraph 1 – point f
Article 5 – paragraph 1 – point f
Amendment 425 #
Proposal for a regulation
Article 5 – paragraph 2 – point d
Article 5 – paragraph 2 – point d
(d) information on arrangements regarding portfolio and risk management and administration with regard to the PEPP; including the role played by environmental, social and governance factors in the investment process as well as the long term impact and the externalities of the investment decisions. Furthermore information ensuring that the PEPP provider does not invest in nuclear weapon producers.
Amendment 610 #
Proposal for a regulation
Article 23 – paragraph 5
Article 23 – paragraph 5
5. Potential PEPP savers shall also be provided with information on the past performance of investments related to the PEPP scheme covering a minimum of fivetwenty years, or, where the scheme has been operating for fewer than fivetwenty years, covering all the years that the scheme has been operating, as well as with information on the structure of costs borne by PEPP savers and PEPP beneficiaries.