Unique European Retirement Planning Research

“Retirement Planning in Europe” is a survey of consumer preferences and products in 12 major European countries, undertaken by the FECIF European Pensions Institute (FEPI) and Paris-based consultants CMI. Europeans understand the financial stresses on traditional pay-as-you-go (PAYG) government pensions and are updating strategies for existing financial assets as well as discussing new funded solutions – at the level of the European Union, and in individual countries. Amongst other things, it found that, whilst Europe is not rich in funded pensions or workplace savings plans, European workers own several trillion Euros’ worth of other “assets for retirement” – such as insurance products, annuities, real estate, bank accounts and other non-pension assets that are used to supplement government pensions.”