Anyone who is employed as an employee until the age of 67 with a continuous income can expect to receive a net pension amounting to 50 percent of the last net income in the not too distant future, if he or she becomes a pensioner. This allows the average wage earner to live a dignified […]
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Retirement planning with annuity purchase instead of life insurance or sovereign wealth funds with cash cover
– How the state can ensure the efficiency of retirement planning for the middle class – After 31 years of work, average earners will only receive a basic pension (social welfare level, with up to less than 758 euros per month) – low earners would have to work 63 years in social security for […]
Risk management of company insurances for Mittelstands-AG and Mittelstands-GmbH
– Why insurance contracts should be held by shareholders – For family entrepreneurs, the risk of insolvency has an annual probability of around 1%. Then an insolvency administrator takes over the management of the business, whereby a conflict is pre-programmed if the interests of the former managing director are different from those of the […]
Company pension scheme (bAV): Mostly no simplified accounting for micro companies (GmbH, AG, GmbH & Co. KG)
– Why setting up a bAV blocks the way to balance sheet simplification -. Following the Bundestag, on 14 December 2012 the Bundesrat also approved the draft bill on the Small Capital Companies Accounting Law Amendment Act (Kleinstkapitalgesellschaften-Bilanzrechtsänderungsgesetz). (MicroBilG) was approved. The promised EReduction in the costs of accounting for micro-corporations (GmbH, AG, GmbH […]
Private health insurance: Risks when concluding and changing tariffs and insurers
– When the change into another private health insurance (PKV) fails en masse – Around 10% of Germans have private health insurance. On average, customers change insurance companies five times in their lifetime, if he engages in advertising through certain brokers and distributors. Massively it comes thereby later to a contestation or a Withdrawal by […]
Federal agency omits legal fortune imputation with Rürup savers – employment agency ignores will of the legislator
– How insurers’ lies are believed and harm the middle class by the millions – No security for imputation due to Hartz IV and other social benefits In an admirable act of lobbying, life insurers have succeeded in persuading intermediaries, customers and even the Federal Employment Agency that the capital saved for Rürup pensions would […]
Federal Supreme Court facilitates reversal in the case of overpriced junk real estate
– How property buyers can escape over-indebtedness after a bad investment -. Selling overpriced real estate for retirement has been a tradition for decades. For the vast majority of buyers, it was the first and last property in their lives. The idea of calling in an independent expert did not occur to the purchasers […]
Manager liability insurance: mostly worthless for managers and companies?
– Why so-called Directors & Officers (D&O) liability insurance policies often do not cover – Manager liability instead of risk management Self-employed persons, i.e. tradesmen and freelancers, often use corporations for their own professional activities. Out of fear of so-called “liability for breaching private assets”, you then have a manager liability insurance policy sold […]
Real estate and construction financing: We advise you on the ground!
– Credit institutions are liable for failure in real estate financing duration until retirement age – Credit institutions often finance real estate in the foreseeable knowledge that the property will not be paid off by the time the borrower retires. If a failure of the financing and thus a forced sale of the property […]
SME risk through credit insurance and trade credit insurance via banks
– How passing on risk without client permission increases insolvency risk -. Alternative to expensive supplier credit The retail trade often makes use of so-called supplier credit, i.e. agrees a payment term, and has then sometimes long since sold on the goods purchased by the time the actual payment is made. The supplier can […]