English Abstract: 15 years after the introduction of the Riester pension, we take stock of what the Riester pension has … achieved by now and assess the opportunities for action. Since its introduction, the Riester Pension has been met with a broad … households in the lowest income quintile concluded Riester contracts. Nevertheless, this pension scheme cannot be considered as a …

Pension reforms in many developed countries make individuals shoulder a bigger share of longevity and income risks. The … desired response is that individuals accumulate private assets for retirement. Whether this actually takes place, is of … paramount relevance for scientists and policy makers. We take Germany as an example: Twenty years of pension reform have …

Financial literacy affects wealth accumulation, and pension planning plays a key role in this relationship. In a large … field experiment, we employ a digital pension aggregation tool to confront a treatment group with a simplified overview of … their current pension claims across all pillars of the pension system. We combine survey and administrative bank data to …

How to invest and decumulate wealth during retirement has far-reaching consequences for consumption during retirement … investigate the choice between phased withdrawal plans with varying riskiness resulting in volatile retirement income. We find … that 40% of the participants choose some risk and thus, accept fluctuations in retirement income. Second, we analyze the …

Financial literacy affects wealth accumulation, and pension planning plays a key role in this relationship. In a large … field experiment, we employ a digital pension aggregation tool to confront a treatment group with a simplified overview of … their current pension claims across all pillars of the pension system. We combine survey and administrative bank data to …

Despite the socio-political importance of occupational pensions since the pension reforms of the 1990s and 2000s, the … background of the increasingly important role of occupational pensions for retirement incomes, the evidence base should be … estimation of future retirement incomes, the starting point of the analyses should be individuals or households. However, since …

Despite the socio-political importance of occupational pensions since the pension reforms of the 1990s and 2000s, the … background of the increasingly important role of occupational pensions for retirement incomes, the evidence base should be … estimation of future retirement incomes, the starting point of the analyses should be individuals or households. However, since …

English Abstract: Despite the socio-political importance of occupational pensions since the pension reforms of the 1990 … pensions in Germany. Against the background of the increasingly important role of occupational pensions for retirement incomes … assessment of current savings and the estimation of future retirement incomes, the starting point of the analyses should be …

Financial literacy affects wealth accumulation, and pension planning plays a key role in this relationship. In a large … field experiment, we employ a digital pension aggregation tool to confront a treatment group with a simplified overview of … their current pension claims across all pillars of the pension system. We combine survey and administrative bank data to …

Financial literacy affects wealth accumulation, and pension planning plays a key role in this relationship. In a large … field experiment, we employ a digital pension aggregation tool to confront a treatment group with a simplified overview of … their current pension claims across all pillars of the pension system. We combine survey and administrative bank data to …