Description Business Area Pension Scheme (BAV)

Intelligent problem solutions for the transition to a flexible classic old age pension scheme are in demand - and they are offered.

From 2005, new provisions apply for the taxation of old age pension scheme costs and old-age income.

Declining birth figures and the steady increase in life expectancy have induced the legislature to carry out a reform of pensions. Besides the above aspects and confrontation with a great deal of problems in the old age pension scheme sector, the conclusion of life-insurance policies and the fall in maturity payments from existing insurance policies, we have an obligation to advise our clients extensively in the field of company and private pension provision.

In particular, since 1st January 2002 there have been possibilities of building up an additional old age pension scheme from untaxed gross income through the different implementation methods of company pension provision. In the confusing field of all different types of possibilities of pension provision, they need a competent advisor at their side in these types of questions who optimally recognises and brings it out for them.

"If employers are addressed about the subject of CPS, which currently happens almost every day, they have to recognise whether they are being offered consultation with superficial sales and product interest or real planning advice"