The Federal Ministry of Finance announced that the so-called "maximum interest rate" will drop in life insurance from the already paltry 2.25% to be (from 01/01/2012), only 1.75%. This rate is the guaranteed interest rate, life insurance companies have to earn for their clients, it was reduced several times in the past. The finance minister wanted to have originally been to apply this rate 01/07/2011, by "recommendations" of lobbyists and associations of the German Actuarial Association is now probably has "agreed" on the 01/01/2012.
0 comments:
Post a Comment