How is the pension system in the US different to Europe? Apr 22, 2021 By Funds Europe Bernard Delbecque, of the European Fund and Asset Management Association (Efama), shares with us his thoughts on financial security in old age, which he first aired at a recent European Money Week event. Bernard Delbecque, the senior director for economics and research at Efama, took part in a webinar in late March that marked European Money Week. The European Banking Federation organised the webinar, which also involved Professor Olivia S. Mitchell, who in 2020 published a book with Annamaria Lusardi called ‘Remaking Retirement? Debt in an Aging Economy’.