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 […]
Buying real estate can become a gamble if you are not aware of the many pitfalls When buying a car almost every buyer gets advice from an expert. When buying a property experts seem to have their say only in exceptional cases. During the last 30 years, about one million German citizens have had a de facto “junk […]
Unsound proposals by intermediaries and financial houses for investors and builders In the last three decades, around one million German citizens have had a de facto junk property sold to them as an investment, primarily as a retirement provision. Very few are actually a case for the wrecking ball or the demolition expert, because they […]
Risks: Unsound proposals of the mediators and finance houses for investors and owners are no rarity – in the last three decades approximately a Milliion of German citizens let themselves be sold a de facto junk real estate as an investment, above all for the age precaution. It is true that very few of them […]
– Misrepresentation of risk and return by bankers, underwriters and training managers -. False promises and greed for commissions lead to personal liability The German Federal Supreme Court (BGH) has ruled on 19.02.2008 (Ref. XI ZR 170/07) that an investment advisor had intentionally caused immoral damage, § 826 BGB: The advisor had recommended […]
Main focus: Retirement planning, tax law, advisor liability, “junk real estate”, reorganizations, business succession. Contact: Johannes Fiala, lawyer (Munich), certified financial and investment advisor, banker, business economist (MBA) Hotline: 089 179090-0 (Electropractor 3.2008, 172) Courtesy of www.elektropraktiker.de.
The Federal Court of Justice ordered insurers to improve the surrender value. If cancellation deductions were also made at the time of termination – these are often to be refunded. Affected parties: Insurance customers who have taken out an endowment life insurance policy or a private pension insurance policy (from January 1995, possibly earlier). Following […]
Company pension scheme (bAV) through deferred compensation: 10 billion social security as liability potential for employers *by Dr. Johannes Fiala, Attorney at Law (Munich), MBA Financial Services (Univ.), MM (Univ.), Certified Financial and Investment Advisor (A.F.A.), Lecturer for Civil and Insurance Law (BA Heidenheim, Univ. of Cooperative Education), (www.fiala.de) and Dipl.-.Math. Peter A. Schramm, expert […]
Control The Federal Court of Justice ordered insurers to improve the surrender value. If cancellation deductions were also made at the time of termination, these must often be refunded. Insurance customers who have taken out endowment life insurance or private pension insurance (from January 1995, possibly earlier) are affected. Following a decision by the Federal […]
Areas of Focus: Betr. Retirement provision, tax law, advisor liability, “junk real estate”, reorganizations, business succession Contact: Johannes Fiala, attorney (Munich), certified financial and investment advisor, banker, business economist (MBA) Hotline: 089 179090-0 (Electropractor 4/2007, 256) Courtesy of www.elektropraktiker.de.
