“Any economist learns how these mechanisms of the market already during her studies around her then in the course of his professional life again to displace, because the resulting findings and the consequences to be drawn to fit his employer usually of course not in the concept.” financial expert Klaus J. Pitter-Kilfitt, Member of the Board of the Federal Association criticized procon e.V. this common practice. While the responsible bankers, business link and politicians for weeks just juxtaposed spend and ineffective placebo administered the people, warns the Federal Association of consumer-oriented economic consulting firm – procon e.V. already for a long time prior to this development.

“It is downright irresponsible, self-appointed stock market experts currently advise on public talk shows for the purchase of shares. Of course there will be tracks, which can at least temporarily beyond the general trend and lead a life of their own by other factors, like currently as the course indicating VW shares. But the general trend is down and this will also take some time so remain. “, so pitter Kilfitt next. The valley floor is currently not even visible and hard to expect a sustainable upturn in the next 2 years. “We advise our members therefore fundamentally to rethink their investment strategies.” Who’s the procon? The founded in 1996 Federal Association of consumer-oriented economic consulting firm – procon e.V.

focuses on the qualification of financial service providers, as well as the analysis and assessment of financial services. Since 1996, the Association for a single profession and legal qualification standards for the financial industry, as since 2007 at least partially implemented by the legislature engaged. In addition to his involvement in various committees and participate in the development of consumer-friendly and practical training and examination content, the Association through the in-house procon Academy pushed already significantly the qualification of consultants and intermediaries in the financial services business prior to the introduction of legal provisions. In addition, the Association, under the leadership of its longtime Board members Ronold has think (Chair), Ute Bolzano Magnus, Denis W. James Baker has firm opinions on the matter. Wittke, and Klaus J. Pitter-Kilfitt significantly in the insurance and investment sectors which procon mostly in the form of advantageous framework contracts for the consumer Association support Club e.V. exclusively between selected and highly qualified brokerage firms collaborated on numerous innovations, to be offered. For more information,