*by Johannes Fiala, Lawyer (Munich), MBA Financial Services (Univ.Wales), MM (Univ.), Certified Financial and Investment Advisor (A.F.A.), EC Expert (C.I.F.E.), Lecturer (Univ. of Cooperative Education), Banker (www.fiala.de) Lawyers who work in sales do not get a licence: The Federal Court of Justice has (judgement of 15.05.2006, Az. Anw(Z) 41/05) currently confirms that lawyers are not […]
Artikel zum Thema: Company pension scheme
Betriebliche Altersversorgung – Facts&Fiction: Support fund – Investment fraud with built-in employer liability ?
*by Johannes Fiala, Lawyer (Munich), MBA Financial Services (Univ.Wales), MM (Univ.), Certified Financial and Investment Advisor (A.F.A.), EC Expert (C.I.F.E.), Lecturer (Univ. of Cooperative Education), Banker (www.fiala.de ) and Dipl.-Math. Peter A. Schramm, Actuary DAV (Diethardt), Actuarial Expert (www.pkv-gutachter.de ) “Smile and be happy, it could be worse!” And I laughed and was glad – […]
Retirement provision benefits companies and employees
Rudolf Becker and Johannes Fiala More than ever, every German citizen is responsible for his or her own retirement provision. The benefits provided by the statutory pension are no longer nearly sufficient to maintain the accustomed standard of living in retirement. Even the Retirement Assets Act (AVmG) passed on 11.05.2001 is only an inadequate way […]
bAV: Reinsurance policy not insolvency-proof – insolvency administrator can withdraw reinsurance of a pension commitment of the GGF
Johannes Fiala, lawyer (Munich), Andreas Michael Bosl, management consultant bAV (Pöcking). At sales training courses it is often claimed that company pension schemes are protected against insolvency. Even an insolvency administrator cannot access this money – in particular the reinsurance – if, for example, the employer goes bankrupt. This 1, is however simply wrong, as […]
Company pension schemes, social security clearing, tax saving schemes: Liability brake by checking the permissibility of tax and legal advice !
Es ist verrückt, die Dinge immer gleich zu machen und dabei auf andere Ergebnisse zu hoffen. (Albert Einstein) In den letzten Jahren haben der Bundesgerichtshof (BGH) und das Bundesverfassungsgericht (BVerfG) die Rechtsberatung massiv liberalisiert. Der Gesetzgeber plant weitere Erleichterungen auf Wunsch der Wirtschaft, durch das neue Rechtsdienstleistungsgesetz (RDG). Für Finanzdienstleister ergeben sich dadurch neue Märkte: […]
Insolvency administrator can collect reinsurance of a pension commitment of the shareholder-managing director
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) Alleged insolvency protection: At sales training courses it is often claimed that occupational pension schemes are protected against insolvency. To this money ? In the event of the employer going bankrupt, for example, even an […]
Retirement provision – what you should pay attention to when designing it
by Johannes Fiala, lawyer For years, age researchers have been preaching that there are too few working people to pay the pensions of the older generation. In the past, there were two or more working people whose contributions financed the pensioners. In the future, one working person should finance one pensioner and more. The influx […]
bAV: BAG decides ? no discrimination against women due to age limit
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 ) Vesting period: The Betriebsrentengesetz (BetrAVG – German Company Pension Act) regulates the periods after which vesting occurs. Previously, one of the requirements was that the employee was 35 years old ? in the current […]
Statutory and company pension schemes: Pension insurance obligation of managing directors ? 800 billion for budget restructuring?
*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 judgement of the Federal Social Court (Bundessorzialgericht) Every managing director (Gf) who works “permanently and essentially” for an employer has been subject to compulsory pension insurance since 01.01.1999, § 2 I No. 9 SGB […]
Look forward to the early tax reform 2004!
by Johannes Fiala, lawyer Early tax reform puts more money in the budget coffers. Those who file their tax returns at the end of the year can expect to receive more money. You can insist on a company pension plan with your employer and thus compensate for low pension payments in the future. Relief through […]