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Landesbank Hessen‑Thüringen

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German court ruling on Riester-Bauspar fees

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Latest: German Federal Court invalidates fees for Wohn-Riester contracts

The German Federal Court of Justice (BGH) has ruled that annual administrative fees charged in certain Riester-Bauspar contracts are invalid. The court determined that fees ranging from €15 to €24 per year constitute unl