Date: 5th October 2016
Author:

European public pension schemes are under great strain as a consequence of a greying population and the financial crisis. In order to address this problem, governments are looking into promoting supplementary forms of retirement income. Many issues arise from this that need to be addressed by European policy makers whose legislative decisions directly affect the reliability of pensions schemes and information concerning these. Occupational pension schemes, for instance, were the focus  of a briefing by the European Parliament. It calls for the European Commission to ensure that European citizens can enjoy an adequate and sustainable income in old age. The EuroFinUse research report on Private Pensions - “The Real Return of Private Pensions” - was mentioned in this briefing alluding to the fact that EuroFinUse also called for better and more consistent disclosure of real rates of return from private pensions.

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