Worries about the precaution
The zero interest rate policy of recent years has now been left behind by the finance and insurance industry. Interest rates are rising at an unusually rapid pace in order to achieve price stability again as soon as possible. The main problem at present is high inflation, reminiscent of the early 1970s.
Against this background, almost all interest-bearing securities are a negative business. This also applies above all to insurance products for retirement provision. But where do people live who are considered "heavily insured"?