PEPP account definition

PEPP account means a personal pension account held in the name of a PEPP saver or a PEPP beneficiary which is used for the recording of transactions allowing the PEPP saver to contribute periodically sums towards retirement and the PEPP beneficiary to receive PEPP benefits;

Examples of PEPP account in a sentence

  • The Client has the right to continue contributing to an existing PEPP account even after changing residence to another Member State.

  • The Broker will provide the Client with information on the Client's PEPP account balance, a statement of PEPP benefits, and information about individual executed trades electronically at the designated time following the applicable law.

Related to PEPP account

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.