Total losses fall under non-taxable assets and are not deductible. Snowball systems have been the order of the day in Germany for decades. Typically, high-yielding, even supposedly bank-guaranteed, investments are offered. Or the investor is sold shares, gold, diamonds or commodities that do not exist. The providers of such investment models often falsify asset certificates […]
Destruction of existence through liability for insurance and sales tax? Since a ruling by the VG Frankfurt am Main, BaFin has no longer prosecuted violations by intermediaries of the commission fee ban, but insurers are still bound by it under supervisory law. Commissions can be up to more than 38 percent of the initial […]
The new “Law for the elimination of social excessive demands in case of contribution debts in the health insurance” regulates a new obligatory follow-up insurance as an automatic voluntary continued insurance even after only one day of previous insurance, Sounds complicated, but it is actually quite simple. Anyone who legally leaves the previous compulsory […]
When the revocation of life, pension and other insurance policies can be worthwhile Since a decision by the European Court of Justice (ECJ) on 19 December 2013 (Case C-209), insurance customers are increasingly checking whether they can still revoke their insurance policies. The aim is to get back the insurance premiums paid or, in […]
Federal Supreme Court: Insurance benefits remain with the recipient despite revocation Since a decision by the European Court of Justice (ECJ) on 19.12.2013 (AZ: C-209), doctors and dentists are increasingly checking whether they can still revoke their insurance policies. The aim is to recover the insurance premiums paid or, in many cases, to unwind […]
– A new regulation facilitates return to the statutory health insurance in old age -. The new “Law for the elimination of social excessive demands in case of contribution debts in the health insurance” regulates a new obligatory follow-up insurance as an automatic voluntary continued insurance even after only one day of previous insurance, […]
The forecasts for benefits of numerous private pension insurance policies have more than halved since they were taken out, which has only been the case since 1990, due to the sharp fall in interest rates in the meantime. This is no different in occupational pension schemes (bAV), which are largely organised via life insurance policies. […]
“The safest thing about the state pension is the pension gap.” (André Kostolany) If we compare the prospects of past and present pensioners with those of future generations of pensioners, we find that over the decades the legislator has roughly halved the provision via the German Pension Insurance Federation (DRV) in relation to the last […]
“The pension is safe!” announced Norbert Blüm. Today, people ask, “How much pension is safe?” How political decisions lead to impoverishment. Old-age poverty is an increasingly frequent topic in the media. What is special about this phenomenon is that it is homemade. According to the impression even put up with. After all, it has […]
Around 90 pension funds, also known as pension chambers, are public corporations that collect funds from their “compulsory members” to build up a funded pension scheme. Past and foreseeable pension cuts challenge the system. The Higher Administrative Court of Lüneburg ruled that no compulsory member may stop paying contributions “because of an allegedly erroneous investment […]
