GERMANY -The number of Germans using state-subsidised Riester-Rente pension products to save for retirement has quadrupled according to figures from Bundesverband Investment and Asset Management (BVI).
Riester-Rente pension products were introduced by the government in 2002 to encourage Germans to save for retirement. Figures showed that by the end of March 2007, BVI recorded 1.3m contracts with...
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