As soon as the New Year has passed, the Garance mutual immediately reveals the remuneration rate served on the euro fund of its main contracts for the year 2023. Faithful to the podiums of life insurance returns for several years, Garance announces from the 3, 5%, up sharply after its 2.8% last year.
The big rebound announced is becoming clearer for funds in euros. Like last year, Garance communicates the remuneration paid to its policyholders for the past year as of January 2. The year 2023 reported at Garance no less than 3.5% net of management feesbut before social security contributions.
After social contributions, in the hypothesis of savings not subject to income tax at the time of withdrawal (purchase, in the jargon of life insurance), the net remuneration for the year 2023 will therefore be almost 2.9%which allows the euro fund of the Garance pargne multi-support contract to compete with the Livret A and its average rate of 2.92% over the past year.
Livret A: how much interest did you earn in 2023?
Last year, the remuneration of Garance’s euro fund rose to the top of the 2022 rate charts thanks to its 2.8% net of management fees on its main life insurance contract and on its PER. In 2021, the mutual had paid 2.75% on its Garance pargne life insurance contract and 2.50% on its Garance Srnit PER.
Fees on ramen payments 1% or less
Previously, regarding Garance, it was necessary to remember that any payment was reduced by 3% fees on payments before even starting to earn you annual interest. Since last March, the fee policy has evolved. Management fees have increased from 0.5% to 0.6% and fees on payments have fallen to a maximum of 1%, or according to a commercial scale within the limit of 1%, since these fees remain negotiable.
Our group wants to support as many people as possible in their savings project. Payments, fees or management should not be an obstacle to this, underlines Virginie Hauswald, general director of Garance in the press release announcing the 2023 rate. The mutual also specifies that it offers subscription to the Garance Epargne contract from of 100 euros, without unit of account constraints and without hidden fees. A change in prices and entry tickets which now allows it to compete with certain online life insurance policies, with reduced costs.
Life insurance: comparison of offers