Understanding Pensions in Europe

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Type and Duration

ERASMUS, September 2016 until August 2019 (finished)

Coordinator

Chair in Finance

Main Research

Wealth Management

Field of Research

Pension Finance

Description

The aim of this project is to develop online courses and software for individual pension planning targeted at two different audiences:
a) Students in higher education programs.
b) European citizens (the general public).
These courses will provide people across Europe with a better understanding of European pension systems in general, the way these systems are being adapted in response to changing demographics, and how this affects both society in general and their personal situation in particular. They will be enabled to make informed decisions about their own financial planning for retirement. The pension planning software will accompany the courses and will allow its users to assess the impact of various choices on their own prospective financial situation in retirement. Its intention is to enrich the online courses and provide general insights (it cannot, of course, take national tax or social security aspects into account, so it cannot and should not aim at replacing financial planners).