Author (Person) | Davies, Paul J. |
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Series Title | Financial Times |
Series Details | 22.9.10 |
Publication Date | 22/09/2010 |
Content Type | News |
Workers across the European Union need to save €1,900bn ($2,490bn) more each year if they hope to retire with pensions that will maintain their standard of living, according to new insurance industry research from Aviva Europe, September 2010. The research, which is the first attempt to calculate the savings shortfall across the 27 EU nations in a comparable fashion, is being released as the European Commission nears the end of a long consultation process on its pensions green paper issued in July. |
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Subject Categories | Business and Industry, Employment and Social Affairs |
Countries / Regions | Europe |