In 2020, Iceland, Switzerland and Norway are top of the Global Retirement Index which assesses pensioners’ welfare and financial security.
Future retirement security could be at risk as a result of the recent situation caused by Covid-19. Five main risks have been identified.
Spain drops for the second year consecutively. It currently holds the 32nd position, ranking it among the European countries with the lowest scores.
Spain’s lowest scoring pillar is the one related to material wellbeing, mainly due to the contraction of the economy and the increase in unemployment over the past few months.