March 2025
19Mar

European Pension Funds Shift from US To European Markets

European pension companies are shifting from US to European stocks, with investors withdrawing $2.8 billion from US stock funds and redirecting $5 billion into European equities last week. Danish pension fund PensionDanmark was among these investors, shifting DKK 14 billion ($2 billion) from the US to the European market, which is equivalent to 10% of its total portfolio. Meanwhile, Finnish firm Veritas has also reduced its exposure to US-listed equities, dropping from 46.2% at the end of 2024 to 24.1% currently. Instead, it...

March 19, 2025
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February 2025
14Feb

Pensions vs earnings across Europe: The highest and lowest comparisons

Pensions in the EU amount to some three-fifths of late-career work income. In many European countries, this rate falls below 50%, making it increasingly challenging for pensioners to maintain a decent standard of living. In many European countries, pension income is significantly lower than pre-retirement earnings from work. This makes it difficult for many older people to maintain their standard of living after retirement. Nearly one in six pensioners are at the risk-of-poverty in the EU, with the rate increasing...

February 14, 2025
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January 2025
23Jan

European investors upbeat on impact investing, despite US concerns

Over 90% of European investors polled in the run up to the 21 January of US president Donald Trump said they were extremely or somewhat concerned over the state of ESG and sustainability practices in the US, but they still intend to either maintain or increase their impact allocations, a survey by Pensions for Purpose shows. Pensions for Purpose, a UK-based industry body, says the results are significant because, although European and US investors often follow distinct paths on sustainability...

January 23, 2025
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13Jan

Europe’s top pension fund divests $585 million stake in Tesla

Europe's largest pension fund, Stichting Pensioenfonds ABP, has sold off its entire stake in Tesla (NASDAQ:TSLA) Inc., valued at $585 million, during the third quarter. The decision was influenced by several factors, including a disagreement over CEO Elon Musk's compensation package. Stichting Pensioenfonds ABP spokesperson stated on Sunday that the fund had issues with Musk's pay package. The decision to divest was also influenced by considerations of costs, returns, and responsible investment requirements. The Dutch newspaper Het Financieele Dagblad originally reported...

January 13, 2025
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October 2024
15Oct

From ageing to active living — working through old age in EU

Ausra Linkuviene, a retired typesetting designer from Lithuania, represents a growing trend in Europe, where retirement no longer means the end of a working career. Years after retiring, 67-year-old Austra has continued working. Supported by both her pension and salary, she can travel every year. Admired by her younger colleagues, she sees no reason to leave her profession, she told Xinhua. Her story reflects a larger demographic shift across Europe. By 2050, nearly 30 percent of the European Union (EU) population...

October 15, 2024
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14Oct

Europe’s population crisis could shave 4% off its GDP by 2040, Morgan Stanley warns, and the options to solve it aren’t good

Europe’s demographic challenges are becoming a ticking time bomb for the region’s economy, with Morgan Stanley delivering a grim prediction for its effects on GDP. Morgan Stanley says Europe’s aging population could shave 4% off the Eurozone’s GDP by 2040 as people live longer and birth rates fall. The bank projects a significant loss of GDP based on predictions that Europe’s working-age population will shrink by 6.5% by 2040, due to a reduction in the number of working-age people producing output...

October 14, 2024
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September 2024
11Sep

Nordea Wins $450 Million Sustainability-Focused Equity Investment Mandate from CalSTRS

Northern Europe-based asset manager Nordea Asset Management announced that it been awarded a $450 million sustainability-focused global equity investment mandate by the California State Teachers’ Retirement System (CalSTRS), one of the largest public pension funds in the U.S. Under the new mandate, Nordea’s Global Stars Equity Strategy to manage a portion of ClasSTRS’ Sustainability-Focused Equity portfolio. Nordea’s STARS range features ESG integration into all fundamental investment decisions, with close coordination between portfolio managers and the firm’s Responsible Investment Team. The STARS...

September 11, 2024
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July 2024
12Jul

2024 Pension adequacy report: Current and future income adequacy in old age in the EU

By European Union  The report’s main focus is on old-age pension systems. It looks primarily at statutory pensions, incorporating the adequacy contribution of supplementary pensions where relevant. The report also looks at the role of survivors’ pensions in providing adequate old-age income for surviving spouses. In the context of its analysis of income inequalities and redistribution mechanisms, the report also considers minimum income provision for older people and how taxation affects income distribution in old age. Given the importance of services...

July 12, 2024
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12Jul

Retirement Decisions in the Age of Covid-19 are Older Employees in Digital Occupations Working Longer?

By Giovanni Gallo & Amparo Nagore This paper investigates the retirement response to the pandemic and to the resulting acceleration in the adoption of new technologies. Using the European Union Statistics of Income and Living Conditions datasets and making use of the natural experiment of many workers being forced to work from home in Europe during the lockdown, we compare the retirement response of older workers in digital occupations (i.e. more exposed to digital technology) versus non-digital occupations to detect...

July 12, 2024
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May 2024
31May

Pensions in Europe: Which countries are best and worst for retirement?

There are significant pension disparities across Europe. Euronews Business has found a strong positive correlation between financial confidence in retirement and the level of monthly pensions. Earnings-related pensions overwhelmingly constitute the primary source of income for Europeans aged 65 and older. However, less than half of EU consumers are confident that they will have enough money to live comfortably throughout their retirement. In several countries, this confidence level falls to 30% or even less. This raises concerns about pension adequacy. Protecting...

May 31, 2024
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