Pension reform: profitable, simple and cost-effective

The proposed reforms to private pension provision open up new opportunities: as a supplement to the statutory pension, the non-guaranteed pension savings account enables long-term and profitable investment in shares. This combines security and higher returns in a targeted manner. In order for the retirement savings account to become a successful model in Germany, Deutsches Aktieninstitut believes that the draft bill should be supplemented by further measures, such as aligning tax incentives with international standards or opening up the retirement savings account to occupational pension schemes.