In last 7 years inflation in Slovenia is bellow 3% (chart is from national statistical office)
If you have life insurance at insurance company Generali then they will rise each year the amount you need to pay each month for at least 3%, no matter if costs of living per year raised only 0,2% (as it was in 2014). They have insured themselves as insurance company so their profit from this part will be 15 times more then it should be.
Conclusion: better trust in your own abilities to turn over the money you invest then to give some incompetent people to do this for you. For example, Generali generated us a loss in last 6 years (they dispersed it into different stocks, but again when you calculate all their raises and bank commissions we are in a short – have less then invested).
With the banks is the same story. They are raising their fees every year but they don’t forget to lower the yearly rates for deposits when EURibor is low (and they do this retroactively).
Gordon Gecko would say “Greed is good”. For them it is true for sure.
Better become an entrepreneur and take the responsibility to turn over the money by yourself.