Finance & insurance

"It is unacceptable for a pension fund or insurance that was thought to be safe to suddenly be of no value any more."(Federal Minister Ilse Aigner)

When it comes to insurance, loans, investments or pension funds consumers take decisions that have a major impact on their lifestyle and financial management of situations in later life. Clear, comparable information and a high standard of consultation are particularly important in this context. At World Consumer Day 2009 the BMELV presented a checklist and a consultation record for discussions with banks and financial advisors. This marked the kick-off of its "Quality Offensive Consumer Finances".

Further practical guidance for financial decisions has been developed from the joint project of the Federal Government "Fit in provision for old-age" with the assistance of the Federation of German Consumer Organisations (vzbv).