The reform of pension planning is meeting with interest among the public, even if many have not yet dealt with the contents in more detail. However, the “standard product” provided for in the Pension Reform Act (Altersvorsorgereformgesetz) apparently does not correspond to the needs of the majority of future customers. This is shown by a representative survey by YouGov for PrismaLife AG. Key findings:
- Large majority wants advice
- Only 14 per cent of respondents are satisfied with a two-fund product* Almost every second person wants to use the maximum subsidy or even save more