dwpbank magazine: We need political impetus for equity investments

Large parts of the population are not yet participating in the attractive returns on the stock market, says Dr. Gerrit Fey, Chief Economist at Deutsches Aktieninstitut, in an interview with dwpbank's magazine “Transaction Next”. To...

Handelsblatt: We need more attractive promotion of shares in pension schemes

In an interview with Handelsblatt, our Chief Executive and Member of the Board Henriette Peucker spoke out in favour of pension reforms. The future of pension provision urgently needs to be on the agenda of the next German government....

Zeitschrift für das gesamte Kreditwesen: More pension with shares - the parties' plans

Our Chief Executive Henriette Peucker and our Head of Think Tank Dr. Norbert Kuhn have examined the party plans for share-based pension provision in an article for the Zeitschrift für das gesamte Kreditwesen. A broadly diversified,...

Depotstudent: Interview with Dr Norbert Kuhn – Subsidised share savings, private pension provision and more!

How can you provide for your own retirement? In an interview with the finance blog Depotstudent, Dr Norbert Kuhn, our deputy head of the Capital Markets department and head of Corporate Finance, recommends an additional private pension...

Springer Nature: Wealth formation policy

The book ‘Wealth formation policy: Increasing prosperity – reducing inequality – strengthening democracy’ provides comprehensive analyses and recommendations for a holistic wealth formation policy. These include the topics of financial...

Strengthening the capital markets union by promoting long-term savings products

In our discussion paper entitled “Savings and retirement accounts as part of the Capital Markets Union”, we emphasized the importance of the European long-term savings product for the Capital Markets Union and that it can also be...

Aktieninstitut comments on BMF reform proposal for private pension provision

We welcome the reform proposal on private pension provision from the Federal Ministry of Finance, in particular the retirement savings account. The proposed structure of the retirement savings account largely corresponds to...

Deutsches Aktieninstitut welcomes the draft bill for state-subsidized private retirement savings accounts

The Federal Ministry of Finance has presented a draft bill to reform private retirement savings, which seeks to make private retirement savings more attractive. The bill primarily introduces a state-subsidized retirement savings...

In Germany, funded pension provision bears no relation to economic strength

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...

Audit Committee Quarterly II/2024: Efficient capital markets – what role do equities play in pension provision?

Efficient capital markets are an important prerequisite for financing the energy transition and digitalisation. In the US, institutional investors such as pension funds are ensuring that more funds are available for corporate financing...

Company pension schemes: Involve large sections of the workforce – reconsider guarantees

The Federal Ministry of Labour and Social Affairs has consulted on the draft of a second law to strengthen company pensions. In our statement, we welcome the proposals to enable the social partner model to become more widespread....

Study on retirement savings accounts: What Germany can learn from other countries when it comes to private pension plans

In the study "Retirement savings accounts – an international comparison of successful retirement savings models", which we compiled together with Deutsche WertpapierService Bank AG, we derive five key recommendations for action for a...

Study on retirement savings accounts: What Germany can learn from other countries when it comes to private pension plans

In a study, Deutsches Aktieninstitut and Deutsche WertpapierService Bank AG present recommendations for a state-subsidised retirement savings account based on an international comparison between countries. Such a custody account...

Recommendations for the organisation of retirement plan portfolios in Germany

Schmalenbach Impulse: Generationenkapital - The path to equity-oriented pension provision

In an article for Schmalenbach Impulse, our Chief Executive Dr. Christine Bortenlänger calls for more ambition with regard to the socalled Generationenkapital. A more ambitious approach to safeguarding pensions is essential to ensure...

More ambition needed for Generationenkapital

Deutsches Aktieninstitut welcomes the introduction of Generationenkapital as an important step towards capital funding in the statutory pension system. However, in order to achieve a significant effect, the Generationenkapital must...

Generationenkapital can strengthen pensions for the future

Federal Minister of Finance Christian Lindner and Federal Minister of Labor Hubertus Heil today presented the German government's new pension concept, Pension Package II. Part of the package is the Generationenkapital,  which takes...

Focus Online: Is generational capital the rescue anchor for the statutory pension?

In his guest article for Focus Online, Dr. Norbert Kuhn, Head of Corporate Finance and Deputy Head of Capital Markets, explains why more equities in the German pension system make sense in order to future-proof the pension system. For...

Frankfurter Allgemeine Zeitung: The Coalition must act (in German)

In her guest article for the Frankfurter Allgemeine Zeitung, our Executive Director, Dr. Christine Bortenlänger, makes a clear appeal to the governing coalition to do even more in the area of old-age provision. According to...

Dangerous abandonment - Other countries rely much more heavily on investment income for pensions (in German)

Retirement savings deposit is a step in the right direction (in German)

Deutsches Aktieninstitut welcomes the final report of the focus group on private pension provision published today. The proposed strengthening of equity investment in private pension provision is an important signal. Above all, the...

Deka Fondsmagazin, Deka Investments: „Price declines used to enter the market“ (in German)

In an interview with Deka-Investments' Fondsmagazin, Dr. Christine Bortenlänger, Managing Director of Deutsches Aktieninstitut, proposes the introduction of an investment savings account to further promote equity savings in Germany....

Interview at Tagesschau24: Update Wirtschaft on 16.03.2023 (in German)

"What was your first share?" Dr. Franz-Josef Leven, Deputy Managing Director, talks about this in tagesschau24's "Update Wirtschaft" program. The topics of stock culture in Germany and the stock pension were the subject of an interview...

Der Westen: Rente - Demographic change threatens the system - what does generational capital bring?

In the second part of the interview with "Der Westen", Dr Norbert Kuhn, Head of Corporate Finance at Deutsches Aktieninstitut, explains that at least ten billion euros should be invested annually in the stock market as part of...

Der Westen: Share pension - Isn't that too risky, what the state is doing?

In an interview with "Der Westen", Dr. Norbert Kuhn, Head of Corporate Finance at Deutsches Aktieninstitut, talks about the potential returns of a long-term and broadly diversified equity investment. The share pension is a sensible...

More ambition needed for equity pension (in German)

The German government wants to tackle the planned share pension to strengthen the statutory pension insurance. Dr. Norbert Kuhn, Deputy Head of Capital Markets and Head of Corporate Finance at Deutsches Aktieninstitut, explains in our...

Plan for funded pension provision is step in the right direction (in German)

We welcome the fact that the German government is now taking a concrete approach to the equity pension agreed in the coalition agreement. Shares, which can generate attractive long-term returns of six to nine percent, are an important...

Study shows: Young people invest long-term and regularly on the capital market

A new study by the Center for Research in Financial Communication at leipzig University in cooperation with the DIRK - Deutscher Ivestor Relations Verband and Deutsches Aktieninstitut shows that young people under the age of 35, the...

End discrimination against equity investment - introduce investment savings accounts (in German)

Die Eckpunkte des Zukunftsfinanzierungsgesetz sehen einen Freibetrag auf Kursgewinne vor, die beim Verkauf von Aktien und Aktienfonds anfallen. Was ist die angemessene Höhe dieser Freibeträge, damit Kleinsparer die notwendigen Anreize...

Zukunftsfinanzierungsgesetz aims to bring shares into the centre of society (in German)

The Federal Minister of Finance and the Federal Minister of Justice today presented key points for a Zukunftsfinanzierungsgesetz. Deutsches Aktieninstitut welcomes this initiative, which is intended to make shares more attractive as an...

Why a higher saver's lump sum does nothing for saving in shares (in German)

According to the coalition agreement, the federal government wants to increase the savers' lump sum to 1,000 euros. However, the increase will not help to make long-term share saving more attractive. Measures such as the introduction...

From shares and bonds - 120 years of yield comparison (in German)

Compared to bonds, stocks have generated significantly higher returns over the past 120 years and at the same time have been associated with less risk. This is shown in our study "Kapitalgedeckte Altersvorsorge mit Aktien! 120 Jahre...

Going Public: "Prejudices against shares are reduced" (in German)

With the introduction of funded pensions, the current pension system is to be restructured according to the ideas of the new traffic light government. But what are we to think of a statutory equity pension? This would lead to positive...

Capital-funded old-age provision with shares! 120 years of shares and government bonds in the yield comparison (in German)

Our current study with the Verbraucherzentrale Bundesverband (vzbv) and FINVIA Family Office GmbH shows that a broadly diversified investment in equities can generate attractive returns over the long term without leading to higher...

Ampel-Koalition must realign funded pension provision (in German)

The top priority for the coming federal government must be the introduction of a low-cost, equity-based funded pension scheme. A recent paper by Deutsches Aktieninstitut and the Federation of German Consumer Organisations (vzbv) in...

Deutschlandfunk Kultur: "Let's go - tackle!" (in German)

In an interview with Deutschlandfunk, Dr. Christine Bortenlänger talks about her expectations of the new federal government. The new traffic light coalition has addressed many issues correctly on the basis of the exploratory paper -...

Statement on the increase of the savers' lump sum published (in German)

The Südschleswigsche Wählerverband South Schleswig Voters' Association has submitted a motion to increase the savers' lump sum. In our statement to the Finance Committee of the Schleswig-Holstein State Parliament, we emphasise that we...

A new start in pension policy is needed (in German)

Our pension system is facing major challenges due to demographic developments. Nevertheless, pensions played a rather subordinate role in the Bundestag election campaign. Yet there are good proposals from the various federal parties on...

Going Public: A new start in pension policy is possible (in German)

Pensions play a rather subordinate role in the Bundestag election campaign. In their article, Dr Norbert Kuhn and Donato Di Dio write that there are good proposals from the various parties on how pensions with shares can be made more...

Absolut|spezial: Generation-appropriate pensions and efficient capital markets (in German)

Equity-oriented pension provision would strengthen the German capital market in the long term and improve its competitiveness, comments Dr. Christine Bortenlänger. The next federal government has the chance to anchor equity savings in...

Frankfurter Rundschau: Capital market is more than Riester pension

In his commentary, Dr Franz-Josef Leven contradicts the opinion of Hans-Jürgen Urban, Executive Member of the Board of IG Metall, and Markus Kurth, Member of the Bundestag for the Greens, that the capital market is not a useful means...

Courage to reform pensions - What Germany can learn from other countries (in German)

The pension clock is ticking: Over twelve million baby boomers will retire in the next ten years. The number of young people newly entering the workforce and paying contributions is significantly lower. Without higher pension...

Kurvenlage - Semi-Annual Report, First Term 2019, Focus: Old Age Provision (in German)

Use Shares and make the Pension System fit for the Future - what Germany can learn from other Countries (in German)

The comparing study focuses on the experiences of countries like Australia, Sweden, the United Kingdom and the US as regards the use of shares in the pension system. It is the aim of the study to outline what Germany can learn from...

A Safe Pension with Equities

In other countries, shares make a significant contribution to securing the standard of living of people in old age. This is the result of a study published today by Deutsches Aktieninstitut entitled "Altersvorsorge mit Aktien...

Kurvenlage - Semi-Annual Report, First Term 2017, Focus: Federal Election 2017 (in German)

For the Future Functioning of Old Age Provisions in Germany Shares Are Essential (in German)

“For the Future Functioning of Old Age Provisions in Germany Shares Are Essential”: This is the result of the study “Securing the Standard of Living in Old Age – Reducing the Pension Gap with Shares” published today by Deutsches...

Kurvenlage - Semi-Annual Report, First Term 2016, Focus: Retirement Planning (in German)