Date: 21st November 2019

Despite a 10-year bull market both for European equities and bonds, the outlook for European pension savers remains bleak. Whereas returns have improved in recent years, the Better Finance study, Pension savings: the real return, once again shows that most long-term pension savings products did not, on average, return anything close to those of capital markets.

It’s well and good for policy makers to insist on saving earlier and for longer, but when all is said and done, pension funds simply too often underperform capital markets, and this is, by and large, is due to excessive fees and commissions.

  • Read the full article on Top100Funds here.