Banking law: errors in advice, credit traps and more As a lawyer for banking law, I know that a bank has been part of our daily life since our earliest childhood. Just remember your first savings book, which you probably got at primary school from the nice savings bank advisor next door. We withdraw money, […]
“If you have faith, it’s all over.” (Stanislav Lec, Polish poet) Asset protection is the separation of business and private risks or assets, including the integration of insurance protection. Risks to private assets stem primarily from the business sector (e.g. liability for break-through) or from financing, but also from separation/divorce or legal disputes. […]
The commission levy by the cash-back insurance broker as an alternative to the net tariff. How insurance brokers give up to more than 40% of insurance premiums to their clients More and more intermediaries are waiving their commissions, not only in the case of insurance brokerage, but also in the case of open-ended investment […]
Ineffective prohibition of the issuance of provisions for insurance policies*. The profit lies in purchasing Anyone who buys financial products from penny-pinchers, such as distributors with three or four letters, must reckon with the fact that particularly high commissions, fees and costs are included in the calculation. When it comes to life insurance, going to […]
How customers can save costs at banks and insurance companies? The profit lies in purchasing Anyone who buys financial products from penny-pinchers, such as distributors with three or four letters, must reckon with the fact that particularly high commissions, fees and costs are included in the calculation. When it comes to life insurance, going […]
Banks “cashing in on the back end” by kick-backs in the billions: years of violating objective criminal law to protect bank customers’ assets? The Federal Supreme Court (BGH) has put an end to the discussion of so-called experts for capital investment law by its decision (Ref. XI ZR 308/09) of 29 June 2010. Since two […]
New opportunities for investors through the Federal Supreme Court (BGH) It’s not enough to have a chance, you have to take it! (Michael Douglas) Investment advisors are regularly overburdened when it comes to checking the “legal, tax and economic viability” of investments. Bank advisors often do not fare much better, although the Federal Supreme Court […]
It’s not enough to have a chance, you have to take it ! (Michael Douglas) The Federal High Court has created by the current judgement of 19.12.2006 (Az. XI ZR 56/05) for investors a “new” possibility of giving bad Investments back to loads of credit institutes and Finanzvertrieben. The core of the case is a […]
