Wednesday, August 5, 2020

The capital guarantee for the Riester pension is a problem

Must read

Madrid | Live news

Madrid | Live news | Belgium recommends quarantine to travelers from Madrid and the Balearic Islands direct...

Florida wins narrowly: Islanders have to be detained

24 hours after the 4-2 win in game two, the New York Islanders missed early entry into the first round of play-offs. In...

We Africans, what have we done with our independence?

This Wednesday August 5, Burkina Faso celebrates 60 years of its independence. But in this scathing editorial, Wakat Sera protests against African leaders....
Older couple on the beach

The subsidized supplementary insurance should help in old age.

(Photo: Unsplash)

Frankfurt It was certainly well-intentioned, but it did not lead to the goal: the capital guarantee for the funded private pension scheme called the Riester pension. The bottom line is that this obligation to guarantee the contributions paid in at the start of the payout phase prevents the capital that is usually invested for decades from being invested sufficiently in shares. Opportunities for returns disappear.

No wonder that the providers of fund products in particular are calling for the capital guarantee to be abolished in the planned Riester reform. Consumer advocates want even more. The federal government is preparing for reform. But savers can do something today.

Read on now

Get access to this and every other article in the

Web and in our app for 4 weeks for free.

Continue

Read on now

Get access to this and every other article in the

Web and in our app for 4 weeks for free.

Continue

.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest article

Madrid | Live news

Madrid | Live news | Belgium recommends quarantine to travelers from Madrid and the Balearic Islands direct...

Florida wins narrowly: Islanders have to be detained

24 hours after the 4-2 win in game two, the New York Islanders missed early entry into the first round of play-offs. In...

We Africans, what have we done with our independence?

This Wednesday August 5, Burkina Faso celebrates 60 years of its independence. But in this scathing editorial, Wakat Sera protests against African leaders....

Former NBA Nate Robinson goes boxing

He ex player from NBA and three times champion of the math contest, Nate Robinson, goes to boxing. Until now basketball player will...