The new pension product from Generali Germany combines security and a potentially higher rate of return.
Retirement provision has become today one of the top concern for employees: despite continued low interest rates, they are still searching for a solution that combines profit and security. For generations, occupational schemes have offered a proven and regularly updated solution to this issue. A core element of these products are their protection against life’s general risks, making them an important element for a sustainable pension.
The challenge for providers is offering the highest rate of return together with the greatest level of security.
With Rente Zukunft, Generali has developed a solution that continues to invest in the company’s coverage assets to meet customers’ security requirements. In addition, customers can benefit from a higher interest rate and a higher maturity bonus during the savings accumulation period.
A further advantage of Rente Zukunft is that consumers have the chance of a better guaranteed interest rate during retirement, and therefore a higher potential income. Important for employees: even during a change of employer, the insurance can be transferred to the new employer or continued on a private basis.
“Employees can benefit hugely from an intelligent occupational pension scheme. For the deferred compensation, the state contributes around 50 percent of the financing via tax and social security waivers. In light of the prevailing skills shortage, employers can also benefit from an improved company image and increased employee motivation. Occupational pension schemes are, and will remain, an attractive and acknowledged means of attracting and retaining employees,” explains Michael Stille, Executive Board Member at Generali Lebensversicherung AG.