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PensionsEurope unsure EU will agree to ECB help in a pensions liquidity crunch
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EU could fund DC transition by issuing debt, says Bernardino
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Association column: Security in old age
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By Susanna Rust2021-04-26T12:39:00+01:00
A multi-stakeholder pensions forum at the EU level is urgently needed, notwithstanding the heterogeneity of pension systems in the bloc, PensionsEurope has said in its response to the European Commission’s consultation on its Green Paper on Ageing.
The pension fund association also revealed it was planning to join forces with other European bodies to organise a European Retirement Week later this year.
This was to contribute to the objective of the EU playing a much larger role in improving people’s awareness of pension challenges and improving financial literacy, it said.
Commenting broadly on the Green Paper, PensionsEurope said it was “a good starting point to launch a debate on the main impacts of the demographic transformations in Europe”.
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Bernard Delbecque, of the European Fund and Asset Management Association (Efama), shares with us his thoughts on financial security in old age, which he first aired at a recent European Money Week event.
Bernard Delbecque, the senior director for economics and research at Efama, took part in a webinar in late March that marked European Money Week. The European Banking Federation organised the webinar, which also involved Professor Olivia S. Mitchell, who in 2020 published a book with Annamaria Lusardi called ‘Remaking Retirement? Debt in an Aging Economy’.