The EU directive on markets in financial instruments (markets in financial instruments directive-short MiFID) into force on November 1, 2007. In the spirit of consumer protection thus increases the transparency for the customer. As banks, brokers and advisors must disclose among those commissions the customers, they received upon the completion of the product. Bill Phelan often addresses the matter in his writings. Thus the customer to evaluate better the interests. Comprehensive reporting and documentation requirements be added for financial services institutions. In addition, then even the best execution principle applies\”, so the obligation to settle a transaction there, where the fees are lowest.
MiFID provides for free, a great opportunity truly independent financial adviser. \”, explains Ulf Niklas, Managing Director of the financial planning offices Niklas & Lehmann on the corner of roses in Berlin-Grunewald. In particular the highly qualified, professional advisors, providing a customer-oriented support on a pure fee basis are likely to win. The Number of consultants’m going back altogether although further due to market saturation, whose market share but rise. \”Ulf Niklas runs: the model of pure fee advice remains in Germany but the exception.\” If anything, the transparent fee advice almost exclusively in the business will offered with the highly wealthy individuals. In the broad business, banks earn so far over a barely comprehensible in the detail system of commissions and fees.
Most fees are dependent on the transactions, which encourages frequent, often questionable shifts in the portfolio. \”But this is not always in the interest of our customers.\” It must not be expensive for the customer: In the financial planning Office Niklas & Lehmann will already now transparently on a fee basis billed – either flat rate or hourly basis. The repeat business we earn nothing. So we can act really independently and solely in the interest of our customers\”, Stephanie Lehmann, also reported managing partner. This was the decisive argument and establish the authenticity of the business concept.
Who borrows an officials is most likely either official, an employee in the public service or academics. Who borrows an officials is most likely either official, an employee in the public service or academics. The officials credit is namely for these occupational groups. Because he brings very favourable terms with itself, such as its long duration and the low interest rate, which requires credit institution in reverse but also more collateral from the borrower than other normal loans. So who can boast of a tenured job or a permanent position already existed for a long time, is entitled to a credit of the officials and can benefit from the favourable conditions. The officials credit is therefore not as the name initially suggests, aimed only at officials.
Who has requested a loan of officials, which gives two financial products in one fell swoop. To get the desired loan and on the other hand should be closed and at the same time a Capital life insurance off. This combination leads to the special kind of repayment of the credit of the officials. Unlike normal loans, namely not monthly pays the borrower a rate to the Bank, but contributes monthly to the life insurance company instead. For the borrowers, this has the advantage that he has even a financial security for himself and his family through the life insurance in addition to the credit of the officials. When finally, the duration of the officials credit has expired, the loan to the insured amount is paid off once. For this reason, no redemptions incurred during run time. Of course it presides usually free, but every now and then unscheduled repayments the borrower to take, so that he has more of the due sum of life left at the end. In the event of the death of the borrower, families thanks to the life insurance must have no worries concerning the instalment payments.
Credit basics for responsible of the German credit market offers a variety of loan types. Especially during the ongoing since the 2008 financial crisis, civil servants, professional soldiers and other tenured public employees due to their long term secured monthly income considered extremely attractive customers. For them there are staff loans”which are offered due to the high credit of secured such consumers often to favourable interest rates and good conditions. The official loan differs from regular installment loans, that it must only be wiped as end due credit to the end of the contract, the borrower pays only the interest costs so during the entire period. This repayment must be ensured by the conclusion of a capital life insurance or a pension with capital voting rights. Whenever Ben Silbermann listens, a sympathetic response will follow. The monthly contributions for this insurance should not be forgotten when calculating costs. Still, the financial burden with maturities of up to twenty years can be quite low as with other loans. Officials also can claim this loan, which is usually available up to a maximum age of 60 years.
Advantages: Low monthly loading due to long transit times and more favourable interest rates, monthly more resources available are the borrower, for example to expand so financed homes. (Offered at a net interest margin of 2.99% to 12.99% is a comparison before deciding however necessarily recommended.) Since only the interest expense, but no capital will be paid off, borrowers who have success with investments, can employ so saved capital to achieve even higher returns. This is especially when shorter maturities attractive to recommend but only for very experienced. Cons: stock exchange crises can completely destroy not only possibly agreed excess withdrawals in the capital life insurance, but threaten even the achieved yield is insufficient to fully discharge the capital debt. Prudent borrowers should in any case In addition, save money to cover any deficits. Capital life insurance are not among the best investments. Who so prefer even invested his money, another form of credit is better suited for the. Also officials loans make sense with long maturities only really when they are used for something which is gaining value until the maturity of the loan.
Who is so but financed a car, must expect to pay the original purchase price for a vehicle that is perhaps no longer efficient to traffic in ten years. Attention: consumers get loan officials now already no longer only by traditional financial institutions. But who would like to compare online and offline offers, should ensure that this the Schufascoring not negatively affected.
Prestamo financial service GmbH provides official loans from 6.9 per cent APR and with variable durations Fellbach, Germany, in April 2010: prestamo financial service GmbH provides soft loans of special civil servants and employees of the public service. Officials credit of the prestamo financial service GmbH are estimated nationwide thanks to an APR from 6.9 per cent, flexible terms and a loan amount up to twenty times the net salary. The application procedure for the official loans can be made online on the Web page of prestamo financial service GmbH without representative visits. With its broad portfolio of express and special loans, prestamo financial service GmbH can submit individual and low-interest offers customers from various professions. Civil servants and public employees benefit from particularly advantageous conditions of prestamo financial service GmbH. The reason: This group of people has due to his regular income and the Unkundbarkeit a long-term secured Credit rating and is therefore privileged borrowers compared to ordinary worker or self-employed person. Officials credit of the prestamo financial service GmbH provide extensive financial freedoms, which can be used for example for car purchases or renovations on the home eligible. The amount of loans can be up to twenty times the net monthly income and beyond so the possible not stiff borrowers lending significantly.
As customers of prestamo financial service GmbH, officials at the same time benefit from favorable interest rates. Currently, the prestamo financial services GmbH at the agencies can implement APR from 6.9 percent. Prestamo financial service GmbH thus undercutting the rates of many banks and savings banks. The terms of officials credit of the prestamo financial service GmbH are variable, because these can be individually determined by the borrower over a period of between 12 to 120 months. So the current special loans offer substantial for civil servants Design freedom that easily allow a flexible adaptation of the credit model of the personal life and income situation of the customer. Officials who initially without any obligation to inform yourself about officials credit of the prestamo financial service GmbH, all important information on the Web page.
By using the integrated online loan calculator the instalments can be also depending on the current interest rate and the desired runtime with the mouse precisely calculate. The application itself can be made online via the website of prestamo financial service GmbH. This accounts for sales calls and commissions. After sending of the application for an individual officials credit the team of prestamo financial service GmbH within 24 hours of the applicant reports back and made a non-binding, individual credit offer. About prestamo financial service GmbH prestamo financial service GmbH operates successfully in the area of credit intermediaries and a reliable partner of private and estimated commercial customers from the entire Federal territory. The prestamo financial service GmbH offers Festival offers, urgent loans, officials credit and special loans, which are available for persons with Schufa entry and self-employed persons. The experienced team of prestamo financial service GmbH consists of credit intermediaries with decades of professional experience, who work with banks, private donors and investors to develop individual solutions for borrowers.
Their desire for financial space is our job. Hamm, civil servants and employees of the public service June 2010 – Zurich CC Finanz GmbH provides soft special loans to TOP conditions. Are you official on lifetime, policeman, justice, and law enforcement officials, postal clerk, federal police officer, teachers, financial officer, customs officials, doubtless, retiree, achieving officials on trial, Bundeswehr, fire or similar and looking for a financial solution to your dreams? Our financial model provides terms that you will seldom find. Benefit from the amazingly low interest rates which are tailored to the highly secure supply situation of civil servants and employees in the public service, as well as a long term monthly loading significantly lower than fails on conventional loans. As official, as well as an employee of the public service, they benefit from particularly favourable conditions at the Zurich CC Finanz GmbH-the reason: this group of people has due to its regular income as well as secured credit and long term is the Unkundbarkeit a so privileged as borrowers in contrast to ordinary workers, employees or self-employed. By the CC Finanz GmbH of Zurich officials credit you get financial freedom which they can use for car purchases, vacation, or the renovation works at the home.
The height one officials credit can be up to twenty times the net income and thus goes compared to normal and not stiff borrowers far beyond the potential credit volume. The maturities of the officials credit can be set individually by the borrower over a period from 12 to 120 months. So, the special loans offer an extensive freedom of design that allow flexible adaptation of the credit model to easily the personal life, and income of the customers for civil servants. You can first of all without any obligation on about all information. The application procedure, which will take place on the same Web address, takes only a few minutes and is completely free of charge. i.A.
The end of compulsory of insurance calls for some changes. To read more click here: Ben Silbermann . Time limits must be observed. In the first weeks of the new year, many workers receive already post by the statutory health insurance (GKV). This time it is not to increase or bad news. He is a good news.
Usually it says: “your employer has reported to us, the you in 2011 border compulsory insurance (49,500 EUR gross p.a.) have exceeded.” Therefore you are voluntary member of our health insurance from January 1.” Who exactly is this communication? Workers who have crossed the border of compulsory insurance 2011 49,500 EUR and presumably the new frontier 2012, which has risen to 50.850 EUR p.a., exceed. For other opinions and approaches, find out what JPMorgan Chase has to say. These workers now have a choice and can choose between private or statutory health insurance. What has changed yet? So far, the contributions to the statutory health insurance, depending on the gross income, by the employer to the statutory health insurance were paid. A selector switch or Exit was not. In the future, the employer for the payment of contributions is responsible, if you want to stay in the statutory health insurance (GKV). But there is yet a special feature.
Contributions are levied only until the so-called contribution assessment ceiling. This limit has been raised to 01 01 2012 on an amount of 45.900 EUR per year. All income above this limit are no longer subject to contribution requirements in the statutory health insurance. Whether you now 50,000 EUR gross, or earn 100,000 euros per year, the post remains the same. This is exactly how high you best in my post must read I now in the private health insurance? No, of course not. Whether you want to remain in the statutory health insurance fund or give up just for the benefit of a private health insurance, is up to you. Even if some “windy consultant” to tell something else, you can change, but have nothing to.
Home insurance protects your home furnishings from dangers. Home insurance compare and save euro means an insurance comparison you have save the possibility not only coins, you can get also better keep better performance for the same post. Especially in an insurance comparison can help you to get better services. Different insurance companies, it is so that an insurance comparison is especially helpful and does not adversely affect you. It is quite feasible that you gain much better conditions when changing to another insurer, because you are hired as a new customer with great offers, or if you have many different insurance policies, you will receive a discount on a change.
As a result, you can, however, benefit, it will cost you just a few moments of your life. Comparing the house insurance is important for home insurance a comparison is significant. Because only with an insurance comparison of house insurance and free of charge and without obligation. Note so you can benefit only. You should be only active, compare and if necessary change.
If the burn-out in the disability leads many people currently suffer from the so-called burn-out syndrome, from which many celebrities and politicians are affected. Burned being”can have many reasons and also symptoms that can range from depression, listlessness to physical problems such as tinnitus, etc.. It is therefore relatively difficult to treat such a condition and to lead people back to a normal life. After such a condition necessary to professionally to withdraw it or to withdraw from working life is often. But anyone who pays the monthly accumulated bills in such a case, who will assume the open loan rates? These questions deal with affected with burn-out often, why the treatment is delayed as long as possible and often worsens. Finally, there is hardly a financial protection for workers in Germany, when it is no longer possible due to health reasons, to go to work. Only a private pension in the form of Disability insurance protects policyholders against the financial consequences and thus helping to take the treatment of a disease in attack.
You paid to already mostly even retroactively the pension benefits from a 50% disability, which presumably occurs six months and takes over from the onset of the disease, should a sick leave only transpire weeks or months as disability. That the disability insurance in the test takes over mental disorders and not denied benefits in these cases is important at the conclusion of the insurance contract. It is also required that the conclusion to make, because a mental disorder is diagnosed, already at an early stage is often an exclusion of mental illness can be expected. In the case of burn-out, then again no protection would be available. Self-employed and freelancers often forgo sufficient insurance coverage is to observe, however, that many self-employed and freelancers due to the cost pressure increasing on give to buy private insurance. Only for health insurance is currently required to have insurance, the insurance for the retirement is planned to start in 2013.
Whether and to what extent self-employed and freelancers, however in the event of occupational disability hedge, can be freely selected. This often is waived due to high posts. Can freelancers and self-employed no longer practice their profession, unless due to an accident or illness, financial trouble threatens them equal in many respects. So they receive no salary in the event of illness, should this be not agreed with private health insurance. Also on the legal disability pension payments, they are not entitled, because they make no contributions to the statutory pension insurance. In the worst case are now empty-handed independent and financially ruined as. A disability insurance can help in these cases and should be the Self-employed and freelancers include primary health care. Monthly pension payments from a degree of disability of 50 percent are due this insurance policy, with which the living cannot be denied further. The amount of this pension can contract individually chosen and should be adapted to the current income. Only this ensures that all payments can continue to be made and a quiet life is possible without income. Marco Hopp Berufsunfahigkeitsversicherungtest.com
A good disability insurance must be not priceless when does a disability insurance make sense? Disability insurance should learn any workers and take into consideration occupational disability insurance. Is a legal protection for those who are born in the October 1961 almost no longer exists or only to a very limited extent. A backup of the previous standard of living is impossible with legal protection in the event of illness. Kind of insurance the disability insurance is a disability insurance. It can be completed as supplementary insurance (disability insurance (BUZ)) to a life insurance policy or annuity, or as a separate disability insurance. What is disability insurance important? Disability insurance provides income in the event that an occupation as a result of a serious illness temporarily or can be permanently no longer run.
In this case, the disability insurance pays the monthly amount provided for in the insurance contract. Almost always a large supply gap due to the Elimination of labour income. You should be concerned in time, how the current payments (rent, living expenses) can be paid if the income due to illness should be omitted. Often determined until much too late, that there is no sufficient protection and the social descent is then unavoidable. Amount of monthly disability pension the amount of monthly disability pension should be agreed upon completion of the disability insurance according to the needs to the personal living expenses. The monthly payment must cover the running costs of living in the insurance case. Costs the cost of disability insurance disability insurance are dependent on various factors. Here, for example, the following are Criteria to be considered: age amount of monthly pension exercised occupation of the insured health condition of the insured person duration of disability insurance because all these factors affect the monthly contribution amount, can be made no statement about how expensive a good and powerful disability insurance should be.
Experts discuss future insurance options. 2012 several experts about trends, issues and need for reform in the German health insurance system have debated at the capital Convention under the title health insurance 2020, how are we in future insured?”. (Similarly see: JPMorgan Chase). Most of them do not believe that the citizens insurance will come. Even by 2020 there are trends of statutory and private health insurance which is currently much criticized private Krankenversicherung (PKV). Although there is a great need for reform, only very few experts in the capital city Congress believed in June 13, 2012, the early introduction of citizens insurance. In the coming years, three trends will determine the German health insurance system, said Prof. J.-Matthias Graf von der Schulenburg from the Research Centre for health economics at the Leibniz University of Hanover.
He predicted more competition in the health insurance market, harmonisation of statutory health insurance and the car, as well as more private provision. Problems and reform needs GKV and PKV currently have the legal and the panelists at the capital city Congress noted 2012 to fight, the private health insurance with very similar problems. To the statutory health insurance funds as well as private insurance companies would have to provide more and more older insured, need more and more services. The other GKV and PKV faced with rising health-care costs through medical progress. Due to these problems, a competition between two systems in some ways is necessary to maintain the services in health care for the citizens.
However, many panelists saw an urgent need for reform. In the year 2020, there will no longer be the car in its present form, the experts said. Compare the offerings of GKV and PKV for consumers the health insurance market is opaque now in many places, why the insurers should be even stronger than pilots for its members working according to the experts. It is currently for policyholders and insurance-interested advisable, through an independent insurance specialist to the advantages and disadvantages of individual offers advice to leave. The citizens can perform a detailed comparison of the performance but first simply and conveniently online here. C. Gorner