There has been much talk and little progress in German occupational pensions in recent years – certainly when it comes to DC-style ‘social partner pensions’, introduced in 2018, where takeup has been minimal. Now the government is looking reform the law to make them more attractive. A state buffer fund has been under discussion for several years – this could amass assets of €200bn. The current finance minister, Christian Lindner, is now also looking to boost third-pillar savings. With federal elections in September 2025, time is looking tight.
The collapse of Germany’s three-party coalition last year left behind a backlog of laws and proposals on pensions. What happens now?
Pension fund/entity | Assets (€’000)
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Germany’s proposed ‘Aktivrente’, or active pension, is a step towards encouraging older workers to remain in employment
The pension fund for German doctors in Germany’s Westphalia-Lippe region has increased its allocation to directly held bonds by nearly €400m year-on-year
CPEG and PKG shift allocations to riskier assets
The platform will support institutional investors across entire investment process, from strategic planning through to implementation, administration and monitoring
Prosecutors were unable to confirm suspicions of investment fraud or misleading marketing on the part of former DWS CEO Asoka Wöhrmann
Company | Assets (€m)
As at 31.12.24, *30.9.24, **29.11.24, ***30.12.24, ****31.12.23
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Germany’s Christian Democratic Union (CDU) and Christian Social Union (CSU) parties, together with the Social Democratic Party (SPD), have now entered negotiations to form a new ‘grand coalition’ government
Germany’s proposed ‘Aktivrente’, or active pension, is a step towards encouraging older workers to remain in employment
The pension fund for German doctors in Germany’s Westphalia-Lippe region has increased its allocation to directly held bonds by nearly €400m year-on-year
CPEG and PKG shift allocations to riskier assets
The platform will support institutional investors across entire investment process, from strategic planning through to implementation, administration and monitoring
Prosecutors were unable to confirm suspicions of investment fraud or misleading marketing on the part of former DWS CEO Asoka Wöhrmann
German manager is reviewing its sustainability strategy in light of shifting regulatory conditions and client demand
The auto-enrolment plan will be extended on a mandatory basis to employees in production departments across broadcasters, streaming platforms, and cinema operators
The firm has partnered with Universal Investment to launch an AIF tailored to the needs of German institutional investors
Monega, which manages €10bn in assets, will use Ethos’s services to support the funds it oversees for CSR Beratungsgesellschaft and Steyler Ethik Bank
Aon says German corporate schemes should consider hedging currency risks against the US dollar