Europejski Urząd Nadzoru Ubezpieczeń i Pracowniczych Programów Emerytalnych (European Insurance and Occupational Pensions Authority - EIOPA), Raport o trendach konsumenckich 2022

CONSUMER TRENDS REPORT 2022

EXECUTIVE SUMMARY

Over the past years, an increased emphasis has been put on ensuring that the financial sector contributes towards improving consumers’1 financial health. Given the current disruptions (i.e., the Covid-19 pandemic, the increase in natural catastrophes’ frequency, the Russian invasion of Ukraine, the cost-of-living crisis) this has become an increasingly important priority. While most NCAs highlighted that new regulatory requirements coupled with initiatives put in place by the insurance and pensions sectors have led to improved financial health, concerns are increasing.

As of June 2022, access to insurance and pensions products remained low. According to the Eurobarometer survey carried out by EIOPA, over a third of European consumers do not own any savings products, including insurance-based investment products (IBIPs) and pensions. Because of the limited access to savings products and important pensions gaps, over 50% of European consumers...