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Pension Deposit: Allianz Defends Itself Against Kleinlein's Criticism of Commissions

In a recent analysis by the well-known actuarial mathematician Axel Kleinlein, the alliance got away badly. The reason for this is the planned remuneration system of the German market leader for the upcoming pension deposit (AVD). According to Kleinlein's calculations, the commissions of the Riester successor are even more important than in the old world. At the request of VWtoday, the alliance is now switching to the counter-offensive. Attracti…
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The planned cost rules for the new private pension provision provide for discussions in the intermediary market. The AfW warns against the fact that the remuneration of ongoing advice and support may come under pressure.

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In a recent analysis by the well-known actuarial mathematician Axel Kleinlein, the alliance got away badly. The reason for this is the planned remuneration system of the German market leader for the upcoming pension deposit (AVD). According to Kleinlein's calculations, the commissions of the Riester successor are even more important than in the old world. At the request of VWtoday, the alliance is now switching to the counter-offensive. Attracti…

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Versicherungswirtschaft-heute broke the news on Wednesday, November 11, 2026.
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