Final EU Compromise on European Personal Pensions: good news for EU Pension Savers, but beware the imbedded “Capital Guarantee” Scam
With a global pension gap forecasted to mushroom to $400 trillion by 2050 and income replacement rates decreasing, EU citizens are increasingly asked to rely on personal pension products to complement the insufficient government-sponsored mandatory and occupational pension plans. Unfortunately, independent research by BETTER FINANCE into the real net returns