Eine restriktive Produktregulierung gehört auf die politische Agenda: Systematisierung und Diskussion von Reformvorschlägen zum Riester-Sparen aus verbraucher- und sozialpolitischer Sicht

Aufsätze in sonstigen Zeitschriften

Kornelia Hagen, Wolfram Lamping

In: Sozialer Fortschritt 62 (2013), 2, S. 43-51


This paper draws on research to examine aspects of 'Riester pensions' over the period 2009 to 2012. It systematizes the reform proposals and discusses those measures that are an integral part of the Riester system and that aim to mitigate the known deficits of the Riester pension. It is argued that the insufficiency of the state - subsidized, supplementary - funded pensions does not result from the priorities in the subsidy or from the lack of the product transparency. Instead, it results from the way the product is calculated. Consequently, Riester pensions will not be improved by increasing savers' financial literacy or by creating greater transparency. Instead, a stricter product regulation in terms of consumer policy - such as product restrictions as well as regulation and monitoring of the product calculation - ought to be put on the agenda.