Life insurance policies for the repayment of construction loans The combination of several financial products (e.g. building loan and life insurance, real estate loan and building society contract) promises the investor additional income through possible interest rate differences or tax savings, and at the same time additional commission for the agent. However, it is not […]
Artikel zum Thema: Tax
Occupational pension provision: Zillmerisation in the case of deferred compensation inadmissible
– Judgement of the Munich Regional Labour Court is legally binding – Appeal apparently withdrawn due to lack of prospects of success – Employer and intermediary are in a billion-euro liability – Employer collects first – and pays twice later The Regional Labor Court (Landesarbeitsgericht – LAG) Munich (ruling of March 15, 2007, file […]
Changing tariffs in the PKV is worthwhile
Changing tariffs in private health insurance often makes sense even for those who have been insured for many years. It is not just a matter of saving on premiums, but of improving benefits. Private health insurance (PKV) is cheap when you are young – because with statutory health insurance (GKV), contributions are based on […]
Prohibition to charge commission is dead – discount battle begins
“Until the day they rationalize me away, Or simply sort me out as non-programmable, When the big computer comes and monitors everything, Makes my preferences and quirks fully understandable, Even if I am already completely machine-readable” (Reinhard Mey) The decision by politicians not to replace the current ban on commission payments with a new […]
Employer bankruptcy- Company pension gone
Revocation is often also possible in the case of occupational pension schemes (bAV). It leads to immediate payment claims for employers, but also sometimes for employees and their creditors. This is bitter for the insurers, but the beneficiaries also often go away empty-handed. Since a right of revocation still exists in large numbers today, […]
Insurance: Reversal, revocation and enforcement in the case of company pension schemes
Revocation is possible for life insurance policies (LV) for an eternal period. In the main, this may affect around 40% of life and pension insurance policies from the years 1995-2007 alone. This is based on rulings by the European Court of Justice (ECJ, ruling of 19 December 2013, Case C-209/12) and the Federal Court of […]
Perpetual right of revocation for occupational pension contracts
A “perpetual” right of revocation often exists not only for life policies but also for occupational pension contracts. Published in FondsOnline on 05.01.2016 Link: http://www.fondsprofessionell.de/news/steuer-recht/nid/kommentar-ewiges-widerrufsrecht-auch-bei-bav-vertraegen/gid/1024458/ref/4/
Foundation instead of tax
Why do rich families set up foundations? Link. http://www.br.de/fernsehen/bayerisches-fernsehen/sendungen/geld-und-leben/stiftung-reichtum-demokratie-100.html
BWF scandal: police arrest suspects
News in the investor scandal surrounding the BWF Foundation: the police have apparently put the handcuffs on the masterminds of the alleged fraud. At the same time, the insolvency administrator is preparing the creditors for a long waiting period. published in Fonds Online professionell on 04.09.2015 Link: http://www.fondsprofessionell.de/news/steuer-recht/nid/bwf-skandal-polizei-nimmt-verdaechtige-fest/gid/1022572/ref/4/
Commentary on the settlement of the BVAG insurance: Brokers are threatened with liability claims
BVAG Versicherung is insolvent. In a guest article for FONDS professionell ONLINE, lawyer Dr. Johannes Fiala and actuary Peter A. Schramm state that brokers who brokered BVAG policies for their clients may now be held liable under certain circumstances. Net loss for the year 6.3 million euros Back in May 2013, the trade press […]