Financial Services (Univ.Wales), MM (Univ.), Chartered Financial and Investment Adviser (A.F.A.), Lecturer in Civil Law and Insurance Law (Univ. of Cooperative Education), Banker (www.fiala.de) Consultation and documentation are expressly waived ! With sample protocol authors (for example software manufacturers, federations, “specialized authors to the insurance broker right” – also in the employment relationship with the […]
by Dr. Johannes Fiala, Munich “Today I bake, tomorrow I brew, and the day after tomorrow…” (Grimm’s fairy tale) Insecure pension “The pension is secure” proclaims the politicians. This was followed by an appeal to the citizens to build up a second pillar for old age, the occupational pension scheme (bAV) – in particular through […]
*by Dr. Johannes Fiala, lawyer (Munich), mediator (Univ.), MBA Financial Services (Univ.Wales), MM (Univ.), certified financial and investment advisor (A.F.A.), lecturer in civil law and insurance law (Univ. of Cooperative Education), banker (www.fiala.de) and Ralf W. Barth, managing director of Ralf W. Barth GmbH and pecuniary loss liability broker (www.rwb-finanz.de), as well as board member […]
[expert network] Dear Mr. Fiala, brokerage contracts are offered as a service by pools, working groups, associations and distributors. From your point of view, were there any anomalies? (John Fiala) I have noticed that numerous sample contracts contradict each other in terms of content. Spot checks show that any text patterns were copied from form […]
(expert-network) Mr. Fiala, brokerage contracts will be from pools, working groups, Associations and distributors as a service offered. From your point of view. any abnormalities? (Johannes Fiala) I noticed, that numerous sample contracts contradict each other in substance. Spotlight Research shows that any text samples from form books were written off. Always clauses are to […]
The fairy tale of the “documentation and advice waiver” – a guide to the certain destruction of existence for almost every insurance broker * *by Dr. Johannes Fiala, lawyer (Munich), mediator (Univ.), MBA Financial Services (Univ.Wales), MM (Univ.), certified financial and investment advisor (A.F.A.), lecturer in civil law and insurance law (Univ. of Cooperative Education), […]
The Regional Labor Court (Landesarbeitsgericht – LAG) Munich has ruled that the offsetting of the acquisition costs in the first years – in particular through Zillmerisation – in of the company pension scheme (bAV) with deferred compensation is inadmissible. In the grounds for its judgment the LAG Munich has stated, that now also such Agreements […]
As of 22 May 2007, insurance intermediaries subject to licensing must, among other things, possess a VSH. For months, a price war has been raging in order to win the loyalty of as many intermediaries as possible – and they obviously have more plans for their addresses later on. The offers of the pecuniary damage […]
Many insurance brokers work with sales representatives. But what happens in terms of liability if representatives have given wrong advice but this only becomes known years after the separation? When brokers have sales representatives working for them, they should protect themselves from the liability consequences of giving false advice. There are several promising ways to […]
Date: 27 April 2007 at 8:48 am Category: Other interesting contributions Author: Albrecht Müller A recent ruling by the Munich Regional Labour Court confirms that the offsetting of acquisition costs in the first few years – in particular by means of “Zillmerung” – is impermissible in occupational pension schemes with deferred compensation. (Zillmerisation means that […]
