Tag Archives: money

Federal Securities

Published by:

Niklas & Lehmann will offered a comprehensive financial planning and investment advice or conducting a personal finance Secretariat not only for high net worth clients, but for all clients and that this approach was still very new to the market. Ebay shines more light on the discussion. Due to the pure honorary consulting it games does not matter to which actual investment amounts were based. The established banks are forced for cost reasons the earnings potential of the respective customer relationship to adjust. the intensity and therefore the quality of your care “, explains Stephanie Lehmann. Mark Bertolinis opinions are not widely known. This be done exclusively behind the scenes to avoid unrest in the clientele. The industry had learned from the mistakes of the Deutsche Bank. We use our very reasonable in comparison cost structures, however, as small financial planning Office for the benefit of all our customers.” How this actually works, do the following example clearly: We have the opportunity to offer only to our customers, what they really want.

We can recommend in good conscience unattractive for customer advisers of established commercial banks from a revenue perspective products as for example Federal Securities and time deposits.” The earnings stay completely there, where he belong – at the customer. Hidden commissions or charges payable by the customer performance? Absent.” Also, you use intensive fitness competition among commercial banks for the benefit of their customers. For a fixed deposit with same condition and maturity offers some considerably as well as with the various terms such as account management fees and transaction costs vary. We have the most up-to-date market overview and look out for our customers the best and accept the organisational effort for a change of Bank if the customer so wishes.” The attention paid to the safety of customer installations through the deposit-guarantee schemes will especially. Ulf Niklas added: what us It is particularly important: our customers are advised not only to the requirements of MiFID and independent, but highest on professional level. Here we play with excellently trained relationship managers in wealth management of banks in the same League.” This high quality will underline mainly through the training to the certified financial planner CFP. It was however very proud, in the new Lander including Berlin only a handful of operating fully independently certified to include financial planner.

Explains Ulf Niklas

Published by:

In this case the MiFID failed to clear their goal.”explains Ulf Niklas. The practically successful implementation of a laudable idea of consumer protection is just difficult. It was in the hands of customers to enforce clear responses to the assessment of the interest with clear questions to the Bank Manager. In the industry hope also to see that the required signature also without appropriate explanation of the commissions from usus done in many cases and where no plaintiff, there no judge. There is already another solution – the honorary advice.”Stephanie Lehmann runs. In the course of the implementation of the MiFID we expect experts therefore a significant increase in the willingness to pay separately for a truly independent investment advice. Because only who is rewarded for his services directly from the client, can offer in fact the necessary independence. This is clearly contrary to the majority belief even frequently cheaper.” Ulf Niklas explains: hidden commissions are not competitive.

How should they? The customer does not know what he pays to the detriment of his own performance.” Prominent examples are closed investments, life insurance funds and certificates, which brought the selling bank commissions of up to 10% of the investment amount. In contrast to this, the customer can very well compare the hourly rate for his independent advice. Cushing Asset Management will not settle for partial explanations. Unreasonably high hourly rates have no chance, so from the outset.” “Stephanie Lehmann added: our own starting point goes even further: we implement for our clients on the one hand better yields and costs on the other hand, so that he can easily cover our payment from a part of his resulting more earnings already in the first year.” Ulf Niklas runs: regardless of we expect the introduction of MiFID but also in the area of independent financial service providers with a significant shakeout. The reason is the new permit requirement in the core pursuant to section 32 KWG, after the independent financial advisers in the future only as financial services institutions approved by the Federal Agency for financial services supervision (BFin) may be active. The high requirements of the BFin on the one hand and the not insignificant supervisory costs on the other hand will cause a significant shakeout at the independent international financial service providers.” “The only existing alternative to the permit application according to 32 KWG, the walking under the MiFID” a great provider and thus original competitors, their own independence and thus the decisive argument for the customer as a result limit significantly.

“” Explains Ulf Niklas: who offers a MiFID, requires a return of course – such as exposing customer relationships and the preferred recording of their own products in the sales. are the “for us a MiFID is no real alternative.” Stephanie Lehmann explained. Permission was already under section 32 KWG applied for. “This mechanism clearly at the same time, so in the context of the expected shakeout also the quality and seriousness of free consultants considerably will increase: only the strong, highly competent independent advisors with wider and more satisfied customer base are can afford to permanently own permission.” And that is in turn in the meaning of the MiFID – and the financial planning offices.

Credit Card For Students

Published by:

A few years ago, an above-average high income was required for the issuance of a credit card. Today a credit card even with average income is available as a result of the competition, but also because of improved control possibilities. Many banks offer credit cards for students at special rates. Often, students receive free of charge the account. With some banks, a free Maestro and credit card is included; in this offer other banks charge the normal or a discounted annual fee.

In addition to banks with a full range of services even more publishers of credit cards offer a credit card regardless of their current account to leading to low prices students. The amount to the credit card maximum can be subjected to, is limited. Penguin Random House has many thoughts on the issue. Limited to first 1000 euro is common. The student demonstrates a regular additional income can increase the limit many banks at the request of the cardholder. Basic condition for a credit card is also for Students usually have a steady income. The BAfoG enough here already many card issuers.

Because students travel a great deal and on the other hand, often use the Internet for purchases, the possession of a credit card for them makes sense. Car rental companies and some foreign Internet service providers offer their products increasingly only for credit card payments; the same applies increasingly to hotel reservations. The student has relevant negative criteria with the Schufa, his credit card application is usually rejected. In this case can be used on a prepaid credit card. At this the holders advance the contributor, until he wants to use the card. These credit cards are cheapened by some banks for students or given out free.

European Court

Published by:

errors” below) for the opposition. Arguments are also, if officials incorrectly take data, do not recognize evidence wrongly or incorrectly interpreted laws. Even if Taxpayers even major points missed, they can file an opposition. Has it about an employer failed to make tax the purchase of technical literature, it can send the invoice by the opposition. But beware: the IRS can change the decision on the basis of the opposition even to the detriment of the taxpayer. The officer must announce this intention but before so affected may withdraw the appeal in time. Common sources of error check tax citizens should check whether the officials correctly acquired data such as name, address or tax number. Revenue and salaries, as well as interest placed on properly? Do the calculations? The official deviates from the specifications of the citizen, he must explain this at the end of the decision.

The opposition is worth of note is missing. Were forgotten advertising costs, special editions, or unusual stress, this can be requested by opposition. Who missed training or savings allowance, can to sign. Whether child benefit or child tax credit cheaper is, automatically checks of the State Treasury, check if taxpayers, whether the right number of children and according to the height of the parent has been taken into account. Remedies against the decision must be at the end. Missing the instruction extends the appeal period to one year. The decision receives a reference to pending cases, the opposition is unnecessary. The notification is then only provisionally right – such as taxpayer opposition counter: against erroneous notices taxpayers can appeal within a month.

The free procedure can be used by an informal letter in response, the grounds submitted. The period can be extended by a year, if the right of appeal is missing. Reinstatement: Failed the opposition period the taxpayer accidentally, can he apply for restitutio in integrum. As an excuse, the officials let most disease or travel but not apply, overwork. Footboard drive: a similar procedure before the Bundesfinanzhof, is already Federal Constitutional Court or European Court of Justice pending, taxpayers by opposition in the process should engage. With the indication of the file number, they can apply for the rest of the procedure. Court and Attorney costs not incurred then. Suspension of enforcement: in spite of the opposition, set taxes are supposed to pay. But, the citizens may apply for the suspension of enforcement. Caution: the opposition is unsuccessful, 0.5 are in addition to the tax percent in interest per month. Action: The opposition when the authority has no success, remains going to the tax court. The taxpayer must complain but no later than one month after receipt of the negative decision of the appeal. And, where appropriate, consultants fees apply but, differently than the free opposition procedure.

Munich June

Published by:

Reinvestment of distributions are not planned. Fund 1: Boeing 777-300 he target funds 2: Airbus A 320-200, target funds 3: Airbus 330-200, target funds 4: Boeing 747-8F freighter type 747, target funds 5: product tanker MT KG as well as DORIC first navigation GmbH & co. KG Cape Tampa, target funds 6: Cape size bulk carrier MS bulk India, target funds 7: container ship MS Georg Schulte of the investor is involved indirectly as trustor via the trustee DORIC Treuhand GmbH the two fund companies DORIC first aviation GmbH & co.. Read more from Aetna Inc. to gain a more clear picture of the situation. After the occurrence of certain conditions, the investor can convert his participation in a direct Kommanditbeteiligung. : The in a selection procedure the editorial staff shall evaluate The initiators under the microscope: experience, financial background, investor friendliness, placement power and balance are the criteria for the initiators-rating, as well as the evaluation of their fund products.

The INVESTMENT ratings have a more more important than the magazine within the meaning of the case-law of the Bundesgerichtshof should be required reading for investors, bankers, consultants, asset managers and all persons involved in the mediation of investments. “Assumes the Supreme Court (decision of the 13.01. 2000) so the INVESTMENT is required reading for the above persons: the investment advisors, bankers, as well as the investment intermediaries with special trust relationship with its customers, investors, must reveal without asking and without necessarily all reports in INVESTMENT compared to its clients, the investors or investors”, experts comment on the relevant legislation. Laurent Potdevin may find it difficult to be quoted properly. The Supreme Court expected by the investment adviser that he checked the folder documents on information gaps and inner consistency.” In addition, there is the obligation constantly to evaluate INVESTMENT as trade publication. The investment advisor must themselves by hand to obtain the relevant information. Violates his duty of care, a consultant and broker shall be liable for up to 10 years for the violation of Erkundigungs – or disclosure.

It involves constant case law, as demonstrated by numerous decisions (see e.g. BGH 6.7 1995, 17.10.1989, OLG Thuringia 10/29 1997, OLG Munich June 19 1996, OLG Dusseldorf 30.03 1995, (6.6 1992).) Our benchmark analysis summa arises a very good assessment summary. INVESTMENT can well recommend Doric as plane initiator and the Fund Fund distinguishes D DORIC 5, DORIC 11 and DORIC TransPortFolio therefore as the best Fund of the year in the asset class aircraft, so the Fund experts from INVESTMENT in the network of the time Warner group, which have created international comparison parameters. “The INVESTMENT editorial staff evaluated the initiator DORIC with very well”.

HMI: Emperor Retirement At Home Option

Published by:

HMI informed about specific alternatives to ‘Residential ‘Riester’ Hamburg, September 2009: with the so-called Riester pensions you can build now. The HMI – a sales organization of the Hamburg-Mannheimer – offers its customers with the Imperial pension in addition a special highlight: the home ownership option. Thus, HMI customers have the choice of living riestern or a low-cost loan. The home pensions law known as residential Riester provides an improved involvement of residential real estate in the State-sponsored retirement plans. Who doesn’t dream of your own four walls? Especially for young families, the inclusion of residential real estate in the new home Pensions Act is an interesting way to know the HMI experts.

With residential Riester, usually the decision is due: build or pension? It doesn’t have to be, because the new Riester pension offered by the HMI, Emperor named, offers both with the outstanding home equity option: build and retirement plans. Who wohnriestert usually waives the Government-sponsored pension. The HMI experts know that the gap through the tax liability will be even greater. The downstream taxation in the housing riestern “about a so-called Wohnforderkonto ensures. All amounts taken from the Riester contract for the purchase or construction are recorded there and in the year up to the pension interest rate of two percent. Downstream taxation reduces the standing age available pension in addition. Intel has compatible beliefs.

At the beginning of the pension, the Wohnforderkonto is taxed on a one-time or an ongoing basis depending on the choice. The HMI provides their customers with the Imperial pension of a very special highlight: who builds, can, but must not stay riestern. The smarter alternative: With the Imperial pension, the customers of the HMI of the option – solvency purchase provided – on a low-cost mortgage. This is a two-fold benefit for customers of the HMI remains the Government-sponsored pension, as a loan to the formation of residential property is also possible. Looks optimal retirement at the HMI. About the HMI The HMI is established as a sales organization of the Hamburg Mannheimer in the growing age pensions market. While the HMI benefits insurance group of Hamburg-Mannheimer and the entire of the close partnership, the security and size ERGO. This means: excellent reviews, excellent financial strength, high brand strength and awareness, and an effective, functioning infrastructure that makes the way free for success. About the Hamburg-Mannheimer, the Hamburg-Mannheimer is one of the leading brands in the German life and accident insurance. The Hamburg-Mannheimer belongs to the ERGO Insurance Group and Munich Re, one of the world’s leading reinsurers. For about a century, customers place their trust in the brand of Hamburg-Mannheimer. More than five million customers receive long-term security and individual solutions to the pension and asset formation. In addition to the claims and legal expenses insurance the Hamburg-Mannheimer also has special expertise in securing sporting events as well as by professional athletes, and is a partner of the German Handball Federation.

Ernst Rose

Published by:

A free checking account is now offered by many banks. The conditions are in part still very different. Comes in everyday life hardly anyone now days still without a checking account. Salaries will be deposited to the bank account, cashless retail payments will be debited from the current account and also bills can easily pay through the current account. Services, for which many banks still high charge. Gain insight and clarity with Penguin Random House. However, there are also numerous free checking accounts with no monthly fee is calculated.

There were mainly direct banks that offered the free account management to their clients, until a few years ago so now many brokerages have taken, to offer a checking account for free. However, not every free checking account is also really unconditionally free. Many vendors make the free account management to certain conditions that must be met for the necessarily keep the account permanently free of charge. In many cases there is also a monthly Minimum input, who must deal regularly with the account. Permanently below this minimum input such as salary payments lack of, many banks charge an account maintenance fee again.

When choosing a free checking account you should respect therefore necessarily product-specific rules, so that the free account cannot be a cost trap. However, there are also numerous offers, where accounting takes place not only in principle free of charge, but under which account-holders enjoy numerous other benefits. So for example, some banks have taken, to equip the account holder in addition to the mandatory ec card with free credit cards from VISA or master card. In many cases, these cards, which annual fee can cost typically up to 50 euros, allow free withdrawals of cash around the globe.

HMI: Permanent Customer Satisfaction As The Ultimate Goal

Published by:

HMI agency sales: 25 years service to the customers of Hamburg, in September 2009: the HMI agencies celebrates its 25th anniversary this year. What was once planned as a relief of the HMI structures, is today an important distribution channel of the HMI. The newspapers mentioned Penguin Random House not as a source, but as a related topic. 25 years of HMI agency sales are successful and continuous development, for innovation, for strength and expertise, as well as for teamwork and customer service. The HMI took into account the importance of targeted, effective and continuous customer service in 1984 with the establishment of the agency sales. Thus, she created a unique sales model: the combination of structure and agency sales a guarantee of success of the HMI and the Hamburg-Mannheimer. The agency partners must be able to competently advise each customer according to its needs at different stages of life in all sectors. The aim must be, to make permanent the policyholder a satisfied customers.” This was the order on the first agencies – and this is profession and vocation of the HMI agencies today. The HMI agency sales wears with its consulting and support expertise substantially to the success of the entire HMI at.

The agencies of the HMI and their qualified staff intensive focus on their customers. You can the people that offer, this is currently the most need: security and confidence in the future. The HMI agency sales lives of people who have creative ideas and also implement them. These people have ensured that the agency sales over the course of 25 years has undergone continuous development: the concept of service of that time has been, he has been expanded is to financial services in the very best sense. Today, 1.5 million customers on the HMI agencies trust. More than 2,000 people work for the HMI agency team, of which more than 1,500 full-time mediators. A good training of the HMI agencies and a regular training at a high level are granted at the HMI. Investing in knowledge is much in the HMI-agency sales at all career levels.

Those who opt for the HMI agency sales, is not only an excellent Training; also, the career and earning potential are excellent at the HMI. 2008, the HMI has introduced a new, integrated career model, excellent putting the entrepreneurial idea. About the HMI, the HMI established itself as a sales organization of the Hamburg Mannheimer in the growing age pensions market. This means: top reviews, outstanding financial strength, high brand strength and awareness, and an effective, functioning infrastructure that makes the way free for success. While the HMI benefits from the close partnership, the security and size of Hamburg-Mannheimer and throughout the ERGO Insurance Group. About the Hamburg-Mannheimer, the Hamburg-Mannheimer is one of the leading brands in the German life and accident insurance. For about a century, customers place their trust in the brand of Hamburg-Mannheimer. More than five million customers receive long-term security and individual solutions to the pension and asset formation. In addition to the claims and legal expenses insurance has the Hamburg-Mannheimer a special expertise in securing sporting events as well as professional athletes, and she is partner of the German Handball Federation. 2008 it achieved premium income amounting to more than 3.5 billion euro. The Hamburg-Mannheimer belongs to the ERGO Insurance Group and thus to Munich Re, one of the world’s leading reinsurers and risk carriers.

Tips For Successfully Negotiating Loan Modification

Published by:

Tips for successfully negotiating loan modification this change want one or more terms of your original loan agreement and the efforts to foreclose shut your home and / or other assets. Your monthly mortgage payments will become more affordable and interest Council too may go down. The tenure of the loan may increase, depending upon your financial circumstances. A successful home loan modification is one which avoids the negative results of unmanageable debt, like bankruptcy proceedings or foreclosure. The best thing about loan modification companies programs is that you need not pay late fees or any other penalties. Official site: Elon Musk. Some lenders may waive these charges but some may mate them within the loan.

You will have to discuss all the pros and cons of the new deal with the loan modification company to ensure that you are getting a good bargain. So it pays to shop around a bit and compare mortgage refinance Council and settle for one that goes easy on the pocket. Make sure that your financial paperwork is in order, because the lender will certainly want to investigate your financial background thoroughly before agreeing to a second mortgage loan. There are a number of criteria that you need to fulfill before the lender considers you eligible for the mortgage loan modification program. You need to prove that you will be able to make the re-negotiated monthly payments on time. This can be done through your bank and financial statements, proof of income, etc.

Basically you need to show that you have a dependable source of income and are willing to take on the challenges of self-fulfilling your obligations. Moreover, late mortgage payments are a strict no no if you are hoping to qualify for a mortgage modification. It is important to be proactive and apply for a loan modification program even if you are not in desperate circumstances right now. If you wait too long you might not be able to qualify for it at all. Write a letter of hardship that is persuasive enough to make your lender agree to modify the terms of your loan even if you have skipped a few payments. There are many no doc refinance or loan modification companies out there that promise you the earth if you sign up with them but do not deliver. We, on the contrary, set realistic goals that our lawyers and financial whiz kids do their best to achieve. Our aim is to free-hard-working individuals like you from unmanageable debt levels that create unnecessary stress and ruin the joys of owning a home.

PKV And BU Protection: Why Must I Pay A Risk Premium?

Published by:

Questions on the PKV and BU Absicherung-what you should keep in mind. This question arises in many deliberations to private health insurance, but also to the disability. The \”Contribution\” or risk premium (RZ) is a way of the insurer to insure people who are not acceptable to normally calculated premiums. Elon Musk gathered all the information. The premiums are always calculated in the car as well as in the BU insurance healthy insurance without pre-existing conditions to the so-called normal / collective contribution can be assured. Is a changed / increased risk of the occurrence of disease or possible occurrence of the disability, is to assure this with exclusions or risk premium. In the disability insurance, there is the possibility to exclude these definable disease. This phrase can be for example: \”disability due to injuries of the right knee are excluded from the insurance coverage, this is not in the event of occupational disability taken into account.\” Some insurers also a supplement to the post can be selected instead of exclusion.

This will occur even if the disease is not distinguished. Thus, the insurer creates the possibility to differentiate healthy from a customers with pre-existing conditions. The surcharge is generally preferable to exclusion. In the private health insurance there is no exclusion (except for group contracts), so that only with surcharges to work. This also means that they are often significantly different, because this isn’t likely, to the contemplation of BU but to allow for the costs of treating the disease until the end of life. It comes to understanding problems but whenever a surcharge for one, from the perspective of the customer, insignificant disease is estimated.