
Higher allowances and flexible investments in the new retirement savings account are making around 50 million beneficiaries and the financial sector sit up and take notice.
AI-generated summary
The retirement savings account is intended to serve as a successor to the Riester pension.
Word is probably slowly getting around that the Riester successor “retirement provision depot” is worthwhile for all those entitled to support.
The allowances are significantly more generous than at Riester, and the investments are more flexible.
The entire financial industry is therefore in turmoil: How many of the approximately 50 million people entitled to benefits (almost everyone except pensioners and children) will open such a depository at the turn of the year and with whom?
AI outlook — possibilities, not facts
Opening of new depots at the turn of the year
Likely · Within months

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The new retirement savings account as a Riester successor offers higher allowances and more flexible investments for around 50 million people in Germany who are entitled to benefits. The financial industry is discussing how many will open such a portfolio at the turn of the year and with which provider.

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