Date: 14th February 2019
Author: BETTER FINANCE

With a global pension gap forecasted to mushroom to $400 trillion by 2050 and income replacement rates decreasing, EU citizens are increasingly asked to rely on personal pension products to complement the insufficient government-sponsored mandatory and occupational pension plans. Unfortunately, independent research by BETTER FINANCE into the real net returns of European pension savings has shown that fees and commissions severely hurt returns for pension savers.