– How suspicion of money laundering arises in the case of asset transfers with foreign countries – For decades, German tax evaders have had the problem of not being able to simply transfer black money from abroad to Germany. Any good IRS auditor would do a cash flow calculation, and then try to track […]
The wave of insolvencies is coming. What is to be considered thereby and how self-employed persons and GmbH managing directors could lose also the old age pension, explain the examined financial and investment advisor and banker Dr. Johannes Fiala and the expert for insurance mathematics Peter A. Schramm. In the so-called Corona crisis, the […]
– Wie Mitarbeiter aus Kreditinstituten und Versicherungen ihren Arbeitsplatz sichern helfen ? – „Cu è surdu, orbu e taci, campa cent’ anni ’mpaci” „Wer taub, blind und stumm ist, lebt hundert Jahre in Frieden.” – sizilianisches Sprichwort In den Vereinigten Staaten von Amerika gibt es die US-Steuerbehörde IRS (Internal Revenue Service) und die […]
Reversal options should be explored Life insurance policies are long-term contracts for which the intermediary must first determine whether the customer can really afford to pay the insurance premiums, often over decades. If the intermediary does not check the customer’s needs or the customer’s ability to pay, he is liable for investment losses (BGH judgement […]
Tax-saving models from the Principality of Liechtenstein come under the spotlight Düsseldorf – The affair surrounding tax evasion in Liechtenstein is also worrying German insurers, who are trying to woo customers with controversial tax-saving policies from the Principality. The insurance group Talanx is investigating possible risks of its Liechtenstein business, as group CEO Herbert Haas […]
“You only get rich by doing things you don’t desire.” (Mahatma Gandhi, Indian politician, 1869 – 1948) Increasing dangers due to kick-backs After Switzerland, the topic of kick-backs is now also increasingly leading to legal proceedings in Germany if a customer feels cheated by his financial service provider or financial services institution. The […]
