[HIGHLIGHTS] The Government's 'crusade' against pension plans will destroy 2.7 billion euros of savings each year

The Government is clear that the way to complement the public pension must be the pension plans promoted by the Executive. In two years, the maximum exempt and permitted limit went from 8,000 euros in 2020, to 2,000 in 2021, to fall to 1,500 euros in 2022.

Since then, Spanish families have stopped saving 7.1 billion euros through its pension plans and the forecast managed by the investment fund employer, Inverco, is that the drain will be another 2.7 billion each year.