Report comment

Great article.

The beauty of the PEPP Regulation both for consumers & issuers is that once the product is approved in it’s home country & properly registered with EIOPA, it can be offered on a cross-border basis throughout the EU.

Thereafter, the Tontine PEPP's lifetime income is not fixed per se, rather it adjusts depending on performance & mortality such that payments can be expected to rise faster than inflation.

Our system is patent-pending for a design that ensures that the income is always fully funded in order to continue making payments up to a potential age of 120. If we increased the payments in the early days, as some academics suggest, we could see unacceptable reductions in the monthly payments in later years even before taking into account the loss of purchasing power that the next 40 years of inflation will cause.

That's not how we think about the perfect retirement. We want to reward you for living longer with an even more prosperous life in old age.

As we know, women have a drastically higher chance of living to be over 100. that's why we keep them in a separate pool from men because even though they receive the equivalent amounts, for the reasons above, it is paid to them over a longer time period.

Thank you again Tjibbe for your excellent coverage of this important topic.