The findings of BETTER FINANCE’s latest research report - “Pension Savings: The Real Return” – were covered in Brazil, where two consulting firms echoed our concerns regarding the disappointing performance of private pensions: high fees and commissions are putting the savings of most European citizens at risk.
The absence of an objective analysis of the performance of pension funds demonstrates that regulators do not hold accurate and factual knowledge about the markets they are supposed to oversee.
The articles also focus on the key policy measures BETTER FINANCE deems crucial to improve the situation for European households: the ban of non UCITs funds (“AIFs”) in all retail packaged long-term and pension investments and the adoption of a Pan-European Personal Pension Plan (PEPP).