pensions
Pension planning has been a key topic in the last few months, amid the current economic uncertainty involving higher interest rates, rising inflation and the cost of living crisis in many countries. This has left some workers wondering if they are saving enough for their pensions, and if not, worrying about how to attain their retirement goals in a sustainable and comfortable way. This, in turn, has resulted in the rise of a variety of financial and pension planning rules, concerning how might be the best and most efficient way to apportion your money. According to various financial experts, t...
Euronews (English)
Five years after the EU finalised its new pan-European pensions product, PEPP, take-up is disappointing. As it stands, there’s just one provider – Finax. Chief Executive Officer Juraj Hrbatý says its PEPP has around €11m in assets under management and is currently only available to savers in four member states. “After one year of seriously running, we had around 5000 customers,” Hrbatý told Euronews. “It's less than we expected.” By his own admission, his newcomer company is, in the context of the bloc’s trillion-euro pensions industry, still just “peanuts, nobody”. At the time PEPP was launch...
Euronews (English)
About 51% of Britons have revealed that they have a number of financial regrets, according to a survey by savings and investment specialist Unity Mutual. While Britain’s cost of living crisis may be slowly improving, everyday prices still remain uncomfortably high for a vast number of consumers. The Office for National Statistics’ latest public opinions and social trends’ report highlights that around 46% of UK adults saw a hike in the cost of living between 31 January and 11 February 2024. The survey, spanning across 2,000 UK respondents aged between 18 and 80, highlighted that one of the big...
Euronews (English)
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