The Regulation on a pan-European personal pension product (PEPP) (PEPP Regulation) ((EU) 2019/1238) came into force on 14 August 2019. It is a key part of the European Commission's work to create a personal pension framework in the EU. This note provides an overview of the key aspects of the Regulation, its aims, scope and key provisions. It outlines the issues the Commission is seeking to address, and the work carried out at EU level to develop the policy. This note also tracks ongoing developments at EU level relating to the legislative proposal.