European Commissioner Mairead McGuinness to open European Retirement Week

European Commissioner for financial services, financial stability and the capital markets union (CMU), Mairead McGuinness, is to give a keynote speech to launch the inaugural European Retirement Week.

The preliminary programme for European Retirement Week has been published for the event, which will take place throughout the week beginning Monday 29 November. It brings together 11 organisations, which will host a range of presentations and panel discussions.

Each will address Europe’s retirement savings challenge and explore solutions to drive and deliver value for money for European pension savers. With European countries ageing fast, rates of poverty and social exclusion among pensioners are rising, especially in the wake of the Covid-19 pandemic and for certain categories of workers. At the same time, pension systems are facing increasing budgetary constraints.

Solutions must therefore be found to ensure that all European citizens benefit from an adequate pension in retirement. Given the growing urgency of this challenge, the participating associations aim to establish European Retirement Week as a recurring event in the European calendar.

Participating associations include AGE Platform Europe, BETTER FINANCE, BEUC – The European Consumer Association, Cross Border Benefits Alliance - Europe (CBBA-Europe), ETS Project Consortium, European Association of Paritarian Institutions (AEIP), the European Banking Federation (EBF), EFAMA, the Federation of European Securities Exchanges (FESE), Insurance Europe, PensionsEurope.

The full programme of events is available on the website of each organisation. This year, European Retirement Week will be organised in an online setting in light of the continuing uncertainty surrounding the COVID-19 pandemic.

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