High return, no risk, zero cost, lots of trust

Dr. Johannes Fiala and Dipl.-Math. Peter A. Schramm on the pre-programmed investor bankruptcy   An 80-year-old business widow appears at the bank counter with her savings book. “Young man, I want to take off”. Upon further inquiry, “Everything!”. She didn’t care about the interest on advances. Fifteen minutes later, she returns to the checkout counter. […]

Improved, but often too careless

In May and June 2009, we tested a total of 50 Internet Riester subsidy calculators – with alarming results. Only two test persons survived the by no means unusual test cases without errors. The ghost drivers among the computers formed the majority! That percentage has since dropped, as a retest showed. It is quite frightening […]

Company pension scheme: Threatening wave of insolvencies for provident funds?

– New billion-dollar liability for employers and intermediaries –.   Support fund risk: Rulings prove total loss risk Courts have repeatedly ruled that the assets of provident funds (UK), together with any reinsurance policies they may have taken out, are part of their insolvency estate: a lawsuit brought by employees and managing directors has repeatedly […]

Ways out of the tax trap

Pension commitments are popular as an instrument of old-age provision. But because of the poor returns on many life insurance policies, there is a threat of tax problems. The tax trap can be avoided with a well thought-out spin-off from the GmbH. Johannes Fiala and Andreas M. Bosl The advantages of a pension commitment are […]

Company pension scheme (bAV) through deferred compensation: 10 billion social security as liability potential for employers

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 […]

Tax trap pension commitment

| Pension plan | The pension plan concept of the pension commitment has been recommended by many tax advisors in order to reduce taxes and increase liquidity in the company. However, this commitment can lead to coverage gaps in the company. Experts estimate that more than 90 percent of all GmbH managing directors have been […]