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Features

Financial Literacy Key to Bridging Pensions Adequacy Gap 

With levels of financial literacy persistently low, pension funds are looking to ESG to engage members on saving adequately for retirement. 

The picture of financial literacy in rich countries is stark. Only 18% of EU citizens display a high level of financial literacy; two-thirds (66%) of Americans can’t pass a basic financial literacy test; and, according to the OECD’s PIACC Financial Literacy test, approximately a third of individuals in the UK…

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