Have you already thought about starting with your private pension planning but haven’t had the chance to do so yet?

I understand it is not easy with so many products on the market, the choice is wide.

On the one hand we have banks and on the other hand we have insurance. What do we do now?

First of all, those who invest in the 3rd pillar can find positive sides in both systems. 

1. Tax savings are possible with banks and insurance companies in equal measure.
2. Interest savings are variable at banks, while fixed at insurances. 
3. Those who decide to save through the bank remain more flexible. You decide how much and when to deposit.
4. Those who decide to save with an insurance company have less flexibility, but at the same time enjoy “premium relief in the event of incapability to earn”. This coverage means that in case of incapability to earn, the insurance company pays the premiums for you until the contract expires.

Choosing between a third pillar insurance and a banking pillar depends, above all, on the purpose with which we do it. In the short term, a banking solution is certainly more suitable. On the contrary, for those who own property or have to provide for the maintenance of the family and those who are self-employed without a pension fund, an insurance solution is advisable.

“What if I told you that, in many cases, the best solution is not only to decide between bank or insurance? From my point of view, it is often and willingly through the combination of different products that you get the solution best suited to your needs. So it is not a question of deciding between one or the other, but rather of combining banking and insurance solutions in full awareness”.