Interview with Norman Wirth, Managing Director of German broker association AfW, about the consequences of the German federal election

Norman Wirth, AfW

Germany has voted – but what does the result mean for the life insurance industry and pension provision as a whole? On behalf of our client Standard Life Versicherung, we interviewed Norman Wirth, Managing Director of the German broker association AfW in Berlin, about the results of the Bundestag election. We spoke to Mr Wirth about the possible consequences for state-subsidised old-age provision, the future of the “Riester” pension, the coming supervision of insurance brokers and a possible ban on commissions (interview in mp3 format on Standard Life’s German website).