Legal advice for your private pension provision

Private pension provision and its pitfalls Anyone who wants to take out insurance for old age cannot afford to ignore a private pension plan today. The standard of living with the statutory pension in the future is doubtful. A well thought-out concept for a private pension scheme is therefore equally important for self-employed and employees. […]

Private pension schemes and creditor protection

Book by Christian Wollmann § 4 The protection against seizure according to § 815 c ZPO   Link: https://books.google.de/books?id=3G57RwL8DxkC&pg=PA71&lpg=PA71&dq=%22Fiala/Schramm%22&source=bl&ots=aEnFGp0UHR&sig=w7sGPvIYpSuOA2JUo72o4rU2Pnw&hl=de&sa=X&ved=0ahUKEwiq4crWz6PSAhUqIpoKHb4_DTMQ6AEIQDAJ#v=onepage&q=%22Fiala%2FSchramm%22&f=false or in https://www.beck-shop.de/wollmann-private-altersvorsorge-glaeubigerschutz/product/5726513  

Books / Technical articles

Publications – Technical papers Fiala/Schramm, Insolvency risk of British life insurers when relocating to Ireland, ExpertenReport, issue 7/2019, pages 60-62 Fiala/Schramm, When are insurers no longer obliged to pay benefits or can reduce benefits?Expert Report, issue 3/2019, pages 56-58 Fiala/Schramm, No insurance coverage in case of refusal to pay protection money, ExpertenReport, issue 11/2018. Pages […]

Finance and risk control

More wealth in a planned and controlled manner The own assets in a planned and future-oriented management as well as value-enhancing and risk-optimized investment requires the highest degree of Knowledge and time. Not everyone who has achieved a certain level of wealth is also a financial or controlling expert , so it is advisable to […]

Every retirement plan on one leg is dangerous

Are state parliamentarians threatened with poverty in old age? Trade union pension experts complained in 2018 that members of a state parliament received 3.675% p.a. of their diets as a pension under the pension law in force until 2007, with a calculated income of EUR 8,220 after five years, i.e. EUR 1,510 as a pension. […]

Is the Riester pension really safe?

If the Federal Council does not yet apply the emergency brake, the Occupational Pensions Reinforcement Act will enter into force on 1 January 2018. In this context, the Riester pension will also be upgraded. During the savings phase, the basic allowance increases from 154 to 175 euros per year. For company Riester pensions, the SV […]

Federal Minister of Finance: saved Rürup capital can be seized

– only precaution on social assistance level may be protected from creditors –   The sales market of the securitization of the Rürup capital For many years, insurance associations, insurers and the insurance sales force have been praising the Rüruprente in advertising brochures as a seizure-protected old age provision. Now, according to a new letter […]

Protection of pension contracts from debtors and creditors in Austria and Germany

– How residents obtain foreign enforcement protection through foreign retirement plans -.   Life insurance policies for private and occupational retirement provision are often intended to protect against ill-considered premature termination by the beneficiary, but also against enforcement. In Germany and Austria, there are very different types of contracts, some of which are state-subsidised. Protection […]

occupational pension scheme: Despite ?insolvency protection? ? GGF liable and loses its entire pension commitment*

*by Johannes Fiala, Lawyer (Munich), M.B.A. (Univ.Wales), M.M. (Univ.), Certified Financial and Investment Advisor (A.F.A.), EC Expert (C.I.F.E.), Banker (www.fiala.de) The financial manager Erhard Straub refers to his very good experience with DCM Deutsche betriebliche Altersvorsorge AG: In his opinion, the intermediary should also point out in the cooperation with StB, RA and WP that […]

How to check the quality of an investment before buying – financial planning using the example of “junk real estate”.

by Johannes Fiala, lawyer Eine Investition in eine schlechte Geldanlage kann Ihr gesamtes zukünftiges Leben beeinträchtigen. Neben den finanziellen Lasten kommt noch die soziale und emotionale Belastung dazu. Dieser Artikel soll zeigen, wie sich “der Deutsche” Produkte verkaufen lässt – und durch welches Vorgehen sich die typischen Fehler vermeiden lassen. Dieses Wissen mag zwar nicht […]