Transparency operation on life insurance costs and PER, News

A new standard applies from June 1 for the display of the cost of life contracts and retirement savings plans.

Transparency operation for the frequency of life insurance and PER |  Photo credits: Istock

Transparency operation for the frequency of life insurance and PER | Photo credits: Istock

As of this Wednesday, June 1, life insurance and PER (Retirement Savings Plans) distributors have been required to post on their site a new standardized chart of contract application fees. Wanted by the government, this device aims to orient investors more easily to risky media (units of account) invested in the stock markets, bonds, etc., in short “Towards SMEs and businesses”said Bruno Le Maire, Minister of the Economy.

We regret, however, the absence of mentioning the level of guarantee of the fund in euros or the level of distribution of rents on SCPI (some insurances do not propose to repay 100%, but a lower part).

Standard table for displaying the frequency of life insurance and PER.

Standard table for displaying the frequency of life insurance and PER.
Standard table for displaying the frequency of life insurance and PER. | Photo credit: Ministry of Economy and Finance.



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