Schantz has partnered up with the University of Liechtenstein and the Free University of Bozen-Bolzano to bring fintech industry knowledge to the Erasmus+ project “Understanding Pensions in Europe” sponsored by the European Union.
The goal of the project is to transfer crucial knowledge about pension finance to the public and to students in higher education programs related to pension finance, such as finance and economics. This will be accomplished by setting up high-quality online courses teaching as many people as possible how to save for old age and set up solid individual pension plans. Schantz will bring industry expertise and first-hand experience with pension planning software to the project.
Development of the online courses will be the main task of the two universities involved, while development of the pension planning software will be driven by Schantz. All partners will work together to ensure the integration of the software into the online courses, i.e., the functionality of the software will reflect the contents of the online courses, and the software will be used within some of the modules.
Project partners are chosen with the aim of covering all aspects that are important for the topic (finance, insurance, optimization). The partnership is established based on a long-standing research collaboration and institutional contacts between all key people involved. Both universities have prior experience with EU projects. From Schantz Chief Optimization Architect Kourosh Marjani Rasmussen and Vice President Business Development Lars Jacobsen are leading the project.
The project kick-off took place in Vaduz, Liechtenstein in September 2016 where the first ideas and basic structure of the curricula were developed and the core functionality of the software discussed. The project is expected to be finalised in a three-year period with the first online course ready in 2019. However, elements of the course will already be tested in several European universities during the curriculum years 2017/2018 and 2018/2019.
For more information please contact Kourosh Marjani Rasmussen or visit Pensions in Europe