Insurance Europe has today published a video that highlights the importance of saving for your retirement.
Insurance Europe’s 2021 Pan-European Pensions Survey found that over a third of respondents were not saving for their retirement. In a time where demographic changes are putting stress on national pension systems, it will become ever more important for people to begin saving early and enough for their retirement.
Insurers are major providers of pension products and therefore have an important role to play in tackling the pension savings gap. Today’s video is part of Insurance Europe’s #InsureWisely campaign, which demonstrates European insurers’ commitment to raising financial literacy and awareness levels across Europe.
Financial education plays a vital role in ensuring that European citizens are equipped with the knowledge, confidence and skills necessary to improve their understanding of financial products and concepts. Insurance Europe also encourages EU policymakers and regulators to play a greater role in supporting this objective.