Consumer advice center is again suing against pension cuts for Riester contracts. As of: February 14, 2024, 8:53 a.m By: Amy Walker CommentsPressSplit With private pension plans, it often happens that the pensions are reduced long after the contract has been concluded.
Insurers are citing declining returns on the capital market. A court finds this doubtful. A regional court in Cologne has already decided that this is not possible - but according to the consumer advice center, the practice is still common. That is why consumer advocates have now filed a lawsuit against four large insurance companies.