DIN SPEC 77222/A1:2017-11

This DIN SPEC in accordance with the PAS procedure was developed within a workshop set up on a temporary basis. The DIN SPEC was developed and approved by authors named in the business plan. DIN SPEC 77222/A1 by the PAS method specifies requirements for a standardized financial analysis for the private household and includes the areas property risk and asset risk (buildings and household, liability and legal etc.), Insurance (health, disability, care, retirement, etc.) as well as asset planning (liquidity reserves, savings goals, debt, etc.) The purpose of financial analysis is to provide measurable, objective recommendations focused on the individual needs. The standardized financial analysis always refers to the individual members of the private household and is based on the current data of the household.