Latest news and analysis of pensions, asset management, regulation and trends in Germany from our award-winning journalists.
Pension Funds in Germany - Country Report
Germany Country Report 2024: Unions take a more active role in pensions
Unions have a new role in determining the shape of occupational pensions but are mindful of their duty to protect workers
TOP GERMAN PENSION FUNDS 2023
Pension fund/entity | Assets (€’000)
- Bayersiche Versorgungskamer (BVK) | 106,800,000
- BVV | 33,586,973
- VBL| 30,210,900
- Siemens AG | 26,524,000
- Daimler AG | 20,526,000
©IPE Research;See IPE’s Top 1000 Pension Funds for the full ranking
Key fund data for Germany
Sources: Pension assets - IPE research; Occupational pension assets as % of GDP - OECD June 2022; Working population, data as of end 2021 - World Bank; Projected old-age dependency ratio 2050 per 100 people - Eurostat 2021; Gross average replacement rate - OECD Pensions at a Glance, 2021; Asset Allocation - OECD Pension Funds in Fugures, June 2022
Latest Germany News
DAX company schemes continue alternatives expansion, says WTW
2024-03-26T09:30:00+00:00By Luigi Serenelli
Total pension assets increased in 2023 by 4.9% to €257bn
German sustainable finance group calls for clearer engagement guidelines
2024-03-22T15:44:00+00:00By Luigi Serenelli
There is ‘great potential for more active shareholder behaviour in Germany,’ saysSilke Stremlau
German asset managers make inroads into occupational pensions
2024-03-22T10:00:00+00:00By Luigi Serenelli
Trend towards DC plans and social partner model in SMEs opens up opportunities for money managers
DAX companies’ pension assets grow to €257bn, says Mercer
2024-03-21T10:00:00+00:00By Luigi Serenelli
The value of pension obligations went up by around €16bn to €323bn, primarily as a result of the discount rate
Germany’s FDP focus on individual contribution accounts for first pillar pension system
2024-03-20T15:33:00+00:00By Luigi Serenelli
FDP still looks to the Swedish model, facing resistance from coalition partners
All Germany News
TOP MANAGERS: GERMAN INSTITUTIONAL ASSETS
Company | Assets (€m)
- MEAG | 261,068
- Union Investement | 211,291**
- Allianz Global Investors | 163,831***
- DWS | 162,690***
- DekaBank | 146,760*
- Generali Asset Management| 103,665***
- BayernInvest 91,462***
- LBBW Asset Management | 71,518**
- AXA Investment Managers| 65,951
- Amundi | 59,951
As at 30.9.23, *29.10.23, **30.11.23, ***31.12.23
©IPE Research;Sign up to IPE Profesional to see all the data in the latest country report
IPE BEST PENSION FUND IN GERMANY AWARD WINNERS
- 2023 -Bosch Pensionsfonds
- 2022 -Bosch Pensionsfonds
- 2021 - Bosch Pensionsfonds
- 2020 -Bosch Pensionsfonds
- 2019 - Ärzteversorgung Westfalen-Lippe | Telekom Pension Fund
Find out more about the IPE awards and how to be involved
Interviews
- Previous
- Next
Germany's VBL: A transformative journey
Delivering pensions ‘like a Bosch’: Bosch pensionsfonds
Pension funds on the record: Reflections on a sobering year
Exit Interview: Heribert Karch, former CEO of MetallRente
How we run our money: Bayer-Pensionskasse
Strategically speaking: Allianz Global Investors
How we run our money: Germany's BVK
How we run our money: ZVK
Germany comment
Can pensions help with German skills crisis?
By Luigi Serenelli
German companies consider the shortage of skilled workers as one of the biggest risks for the future of their business. According to market data portal Statista, 58% of firms see the lack of qualified workers putting operations at risk in the next few months, second only to the risks posed by energy and commodity prices (61%).
All Germany comment
IPE's Germany Coverage
DAX company schemes continue alternatives expansion, says WTW
2024-03-26T09:30:00+00:00By Luigi Serenelli
Total pension assets increased in 2023 by 4.9% to €257bn
German sustainable finance group calls for clearer engagement guidelines
2024-03-22T15:44:00+00:00By Luigi Serenelli
There is ‘great potential for more active shareholder behaviour in Germany,’ saysSilke Stremlau
German asset managers make inroads into occupational pensions
2024-03-22T10:00:00+00:00By Luigi Serenelli
Trend towards DC plans and social partner model in SMEs opens up opportunities for money managers
DAX companies’ pension assets grow to €257bn, says Mercer
2024-03-21T10:00:00+00:00By Luigi Serenelli
The value of pension obligations went up by around €16bn to €323bn, primarily as a result of the discount rate
Germany’s FDP focus on individual contribution accounts for first pillar pension system
2024-03-20T15:33:00+00:00By Luigi Serenelli
FDP still looks to the Swedish model, facing resistance from coalition partners
German institutional investors boost corporate bonds allocation
2024-03-19T16:22:00+00:00By Luigi Serenelli
Investments in government bonds fell from more than 36% to just over 30% of total allocations
Schleswig-Holstein to divert state pension fund assets to finance budget deficit
2024-03-14T11:30:00+00:00By Luigi Serenelli
German Civil Service Federation claims thegovernment is planning to ‘dissolve’ the pension fund
German church pension scheme sets up alternative investments division
2024-03-12T16:25:00+00:00By Luigi Serenelli
Allocations to real estate, private equity and infrastructure make up 40.6% of EZVK’s €13bn assets
German Green Party to keep Lindner’s pension reform in check
2024-03-11T12:46:00+00:00By Luigi Serenelli
‘We don’t want that in the future contributions are paid for the Generationenkapital. We would ask to explicitly include this in the law,’ Markus Kurth says
Lindner’s first pillar equity pension reform stirs up concerns
2024-03-07T11:00:00+00:00By Luigi Serenelli
Plan laid out after political compromise puts public pensions at risk, critics say
All IPE's Germany Coverage
IPE April 2024
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