CDU Economic Council Targets Financial Literacy Gap in Berlin
Berlin – November 12, 2026 -- Some 52 percent of respondents say they know little or nothing about what happens on the stock market, according to a Bankenverband survey cited as the Economic Council of the CDU convened its financial market retreat in Berlin.
Only 39 percent of working-age people have seriously addressed retirement provision
The same Bankenverband study found that just 39 percent of people of working age have seriously engaged with their retirement planning. Wolfgang Steiger, secretary general of the Economic Council, says better financial education is essential to reduce reluctance toward capital markets, enable informed investment decisions and strengthen individual retirement provision.