2Yr
Since I'm still a trainee, I haven't really dealt with the topic as intensively as you have. How should I then structure the contract in the best possible way for the customer?
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- Try to keep the costs for the customer as low as possible
- look for ways to minimize the tax burden in the payout phase
- Do not set premiums too high
- check whether the insurance is worthwhile compared to a normal custody account
- prefer ETFs to funds with front-end loads
Private pension insurance has a bad reputation (unfortunately rightly so, as you can see from Gekko's comment). However, this is not because the product is bad, but rather because of the way the contract is structured.
- look for ways to minimize the tax burden in the payout phase
- Do not set premiums too high
- check whether the insurance is worthwhile compared to a normal custody account
- prefer ETFs to funds with front-end loads
Private pension insurance has a bad reputation (unfortunately rightly so, as you can see from Gekko's comment). However, this is not because the product is bad, but rather because of the way the contract is structured.
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