Cash Online: How the pension portfolio can be a success

With its Pension Package II, the German government has taken the first steps towards reforming the statutory pension insurance system in order to ensure pension stability after 2025. In addition, a fundamental reform of subsidised private pension provision is required. One proposal is a retirement savings account, a state-subsidised securities account. In their guest article, Alexander Bahr, Deutsche Wertpapierservice Bank, and Dr Norbert Kuhn, our Deputy Head of Capital Markets, highlight five success factors for the introduction of a retirement savings account in Germany. The recommendations are based on a comparative study for which the retirement savings accounts in five countries were analysed. 

The article was published on 21.08.2024.