Date: 5th October 2016
Author:
Type: In the news
BETTER FINANCE's "Pension Savings: The Real Return" was mentioned in an article in RuConnect.
The article focused on the British pension systems and how only rich pensioners are in the position to take advantage of changes on the pension tax system.
"The majority of older Britons have very little savings (on average about 25 thousand pounds), which is likely to run out long before their death".
The article also stresses that members of pension funds across Europe often have a negative real rate of return (in the UK it is -0.7%).