Social welfare despite Rürup

The fact that Rürup pension insurance is sold with the argument “safe from seizure and in the event of insolvency” is also found thousands of times on the Internet – a serious error for those affected, as the Munich lawyer Johannes Fiala and the actuary Peter A. Schramm explain.   Here in the following their […]

Scope of the new garnishment protection for self-employed persons in retirement provision

Dr. Johannes Fiala, lawyer (Munich), MBA Financial Services (Univ.), lecturer (BA-Heidenheim, Univ. of Cooperative Education) (www.fiala.de) and graduate mathematician Peter A. Schramm, actuary DAV (Diethardt), actuarial expert (www.pkv-gutachter.de) There are things that seem unbelievable to most people who have not studied mathematics. (Archimedes, mathematician, engineer, technical advisor to the tyrants of Syracuse) The new law, […]

Occupational pension scheme (bAV) : Scope of the new attachment protection for self-employed pensioners ?

*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 for actuarial mathematics (Diethardt), actuary DAV, publicly appointed and sworn by the IHK Frankfurt am Main […]

Existentially threatening consequences

Those who hope that the violation of consultation and documentation obligations as of 22 May 2007 can only result in a fine are mistaken. At best, this applies to breaches of information obligations. However, when it comes to consultation and documentation obligations, the withdrawal of a licence can in fact be threatened. From 22 May […]

The billion-dollar grave of the insurance industry and German entrepreneurs are liable to the bitter end – of their possible insolvency, how the common sales practice of the insurance and finance industry lures entrepreneurs and their businesses into the insolvency trap

The billion-dollar grave of the insurance industry and German entrepreneurs are liable to the bitter end – their possible insolvency. how the common sales practice of the insurance and finance industry lures entrepreneurs and their businesses into the insolvency trap and, if necessary, even turns them into criminals   Who would have thought it? Politics […]

bAV: The obligation to convert remuneration in accordance with § 1 of the German Company Pension Act (BetrAVG) – a liability trap with a possible insolvency risk

*by Ralph C. Kiening (Bamberg), corporate consultant-bAV (www.betriebsrentenkasse.de) and Johannes Fiala (Munich), lawyer (www.fiala.de) Old-age poverty preprogrammed? A recent study by the German Institute for Retirement Provision (DIA) reveals that the statutory pension is no longer sufficient. However, almost 60 percent of all households do not provide sufficiently for their old age. Almost one third […]