Professor: Germans pension savers are much too risk-averse
German pension savers sees an Italian government bond as a much safer bet than a share in Mercedes-Benz. That’s absurd, but the reality, according to one of Germany’s best-known pension experts, professor Bernd Raffelhüschen, who explains the significant differences between the German and Nordic pension markets.
BY LASSE SOLL SUNDE
German pension savers are afflicted by a paradox, which can be hard for non-Germans to understand.
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