Date: 5th October 2016
Author:
Type: In the news
The European Federation of Financial Services Users releases its research report on the real return of pension savings. This research confirms, broadens and deepens the OECD 2012 Pensions Reportconclusions which revealed negative real returns on average for pension funds. Our research adds other pension savings than pension funds, includes France (not covered by the OECD report), includes all fees and expenses into account for the returns calculations and -whenever possible - taxes paid by pension savers. It also identifies the main factors of the destruction of the value of pension savings.