Israel’s Child Savings Program Sees Shift From Banks to Investment Funds After 2025 Regulation Change
How 5 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Walla · 19 hours ago
What happened
Israel’s "Savings for Every Child" program has accumulated over 25 billion shekels since 2015, with a 2025 regulation enabling transfers from banks to investment funds causing a major shift in where savings are held. Banks lost over 130,000 customers, while investment houses gained tens of thousands. The program offers multiple investment risk options, with a recent default change favoring higher risk for better returns.
- 01Israel’s child savings program amassed 25.4 billion shekels with 3.85 billion in profits since 2015.
- 02A 2025 regulation allowed transfers from banks to provident funds, shifting 98,000 accounts.
- 03Banks lost 132,000 customers in 2025; Bank Hapoalim lost 53,000, Bank Leumi over 25,000.
- 04Investment houses like Infinity and Meitav gained tens of thousands of new customers.
- 0560% of parents actively choose investment risk levels; 63% double monthly deposits for higher returns.
- 06The program offers bonuses for delayed withdrawal and tax benefits when transferring to pension funds.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 5 outlets
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