European retirement planning shows 'fundamental reforms' - study

European policymakers and practitioners are undertaking fundamental reforms of existing pension structures, adapting non-pension assets that are used for support in retirement and creating new funded retirement finance instruments, according to a new study from FECIF European Pension Institute and CMI Consultants. The study, "Retirement Planning in Europe", suggests that 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 t...