2024-01-11 15:25:06
Aktienforum President Ottel: Private pension provision must be made more attractive – it helps close pension gaps
Vienna (OTS) – “We support Finance Minister Brunner in his request to introduce a retirement savings account. Against the background of the multi-pillar strategy to secure the pension system touted by the OECD, this would be an important signal for people who want to make long-term provisions,” said Robert Ottel, President of the Stock Forum. “Now 25 percent of Austrians hold securities. “You shouldn’t leave them out in the cold,” emphasizes Ottel, referring to the stock barometer, which is collected once a year by Peter Hajek and presented in the spring.
The data shows that many people in the lower income segments also benefit from a capital gains tax reduction. “The assessment that lower and middle income groups are not invested in the capital market is wrong. Around 800,000 people who are invested earn less than 2,000 euros net,” explains Ottel and appeals to politicians to put ideology aside. “The calculation of some parties to prevent the capital market from being made accessible to broader sections of the population has failed. Now it is important to attract these people through a targeted incentive policy,” concluded Ottel.
About the stock forum
The Stock Forum represents the interests of domestic listed companies and advocates for a strong Austrian capital market. Its members account for three quarters of the market capitalization of the Vienna Stock Exchange. Since 1989, the Stock Forum has represented the interests of its members at European and Austrian levels and is a member of the European Association for Share Promotion.
Questions & Contact:
Stock Forum
Mag. Karl Fuchs
Managing Director
+43 (0)1 71135-2345
k.fuchs@aktienforum.org
www.aktienforum.org
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