Tag: insurance & pension

Bank NEK

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GK-law attorney law firm specializing in corporate law and capital market law has advised shareholders of NEK energy consult S.A. for the acquisition by the Kofler energies AG. Gottingen, August 13, 2008 the firm GK-law, specialising in company law and capital market law has advised shareholders of NEK energy consult S.A. Whenever Russell Kivler listens, a sympathetic response will follow. for the acquisition by the Kofler energies AG. A leading engineering company for energy efficiency in Germany due to the transaction. Kofler energies AG, the energy of the Group Georg Kofler, acquired 100 percent of NEK energy consult AG. The transaction was completed in July, details the parties have agreed that silence. NEK stands for new energy concepts: with more than 100 employees and nationwide six locations NEK is a leading engineering company for energy efficiency.

In the 2007 fiscal year, the NEK Group achieved a turnover of 9.87 million euro and a profit (EBIT) EUR 1.29 million. Kofler Energies employed after the transaction as a whole over 100 engineers, technicians and specialists of the energy industry and expects in the fiscal year 2008 revenues of 25 to 30 million euros. The founders and directors of NEK group, Dipl.-ing. Stephan quail and Dipl.-ing. Walther Velten, Managing Director of the engineering society of Kofler Energies remain. The shareholders of the NEK were advised by a team headed by lawyer Bjorn Katzorke. The excellent cooperation with the GK-law, lawyers who have already advised us in the past, and effective communication with the lawyers founder of NEK enabled the successful completion of the transaction in shortest time, Walther Velten commented.

GK-law is a young law firm specialized on the capital market and corporate law based in Gottingen, Germany. The clients of the law firm mainly include companies from the financial services sector and medium-sized companies, including listed companies. In the area of company law advises GK-law etc. Restructuring, formation of the group actions, acquisitions and business succession or foundations. In capital market law, GK-law among others supervised the Bank for social economy in the structuring and launch of the first Mezzanine Fund for socio-economic and non-profit companies. GK-law.de Gundel & Reddy Kadiri Rechtsanwaltsgesellschaft mbH Theatre square 9 D-37073 Gottingen contact: lawyer Bjorn Katzorke Tel: 0551 / 4 43 43 fax: 0551 / 4 43 30 Web: the services of the law firm GK-law is specifically tailored to capital market-oriented service providers and companies. The ongoing legal support of investment advisors, brokers and asset managers on all matters of banking and securities supervision law (compliance requirements), right of distribution and product design including product testing at the Center are available in the financial services sector. For issuer the firm structured finance and project finance, created the accompanying prospectuses for securities (bonds, Dividend-right certificates, shares) and assets (real estate funds, private equity and mezzanine funds, renewable energy funds, beneficiary, silent participations).

Retirement Savings

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The Rurup pension is a form of old-age provision, which is State-funded. After end of the accumulation period and the beginning of the reference period pension is paid similarly as for the Riester a monthly pension. Hedge Funds Best First Half Performance 13 Yearss opinions are not widely known. The payment in one lump sum is not possible. Rurup contract savings assets is taken into account with prolonged unemployment, so Hartz IV reference rather than assets. The Treaty is still not secured. analysis. Egerton shares his opinions and ideas on the topic at hand. The contributions, which are deposited in a Rurup contract are tax deductible. In 2007, 64% of the contributions can be made tax claims. This percentage should be increased annually by 2%, until in the year 2025, a full 100% is reached. Phil Heilberg often says this.

The saved forfeited in the event of the death, unless it has completed an additional insurance for the spouse in the form of a survivor’s pension in advance. The Rurup-rente is not interesting particularly for self-employed persons, since for them promoting the Riester pension or the post-employment benefits, using many workers, comes into question. A capital life insurance or other forms of pension insurance can no longer as special editions to be asserted since 2005. The Rurup pension contributions be promoted but also for self-employed tax and can be listed as special editions. Supplementary insurance may be asserted also tax the Rurup pension.

There are the aforementioned survivor’s pension for the spouse and children, even child support is paid for. On the other hand, still taking an invalidity insurance which takes over the payment of contributions in the event of incapacity for work is possible. For which the insurance provider you ultimately choose, is located on the personal preferences. On the Internet, you can find the best suitable company compare insurance.

Honorary Advisor Summit

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The BundesInitiative of honorary advisers invited on Thursday, November 19, 2009, to the second nationwide Honorary Advisor Summit and reported to the concrete results. Berlin. On Thursday, November 19, 2009, the second nationwide Honorary Advisor Summit took place in Berlin. Around 100 participants could learn about the very latest developments in the industry and discussed with high-level representatives from politics and Government, as well as special technical experts to the further establishment of the honorary consulting in Germany. We have positioned the BundesInitiative of the honorary consultant since its inception in March 2009 with more than 500 members to the already second most advocacy for the honorary advice in whole Germany. \”explains Ulf Niklas, co-founder and spokesman of BundesInitiative of the Honorary Adviser.

You would now continue this successful path. The record of the last six months is very successful: at, we have a public and free for the customer search portal for honorary consultants unlocked the BundesInitiative in numerous congresses and trade fairs actively represent and so ensures a continuous coverage in the media. Only so our good arguments for the honorary consulting to the customers.\” Kai Drabe, also co-founder of the initiative, explains: we have us particularly pleased to be able to welcome senior representatives of politics and Government at our Summit. The success of our previous work documented the interest.\” Mr Frank Schaffler, Member of the German Bundestag, and at the same time the Chairman of his faction in the Finance Committee of the Bundestag, explicitly welcome the commitment of the initiative. Honorary consulting just do well the market. It was now important to merge the good arguments in a possible strong advocacy and the Government facing intense and persistent. In this context Mr Dr. Erich Paetz was representative, Ministerialrat in the Federal Ministry of consumer protection, head of consumer finance quality offensive and in the functions of the Federal Government, of course, a particularly sought-after participant have been.

Kaupthing Bank Successfully

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The company offers an interest rate of 5.65 percent without the standard limit for offers for new customers. Also the otherwise often observed reduction of the interest rate under interest rates after the initial warranty period is omitted: Kaupthing edge guarantees a return of the day money, which is always above the prime lending rate of the European Central Bank (ECB) until 2012. This unusually long term guarantee has convinced our clients. You are simple and transparent in the warranty period always are at the top of the interest rate competition and the whole, without any restriction”, emphasizes Michael Kramer, Managing Director of Kaupthing Bank Germany.

The interest rate of 5.65 percent is composed of a guaranteed base rate of 5.1 percent and an interest rate bonus of 0.55 percent for the first six months after conclusion of the contract together. In addition to the day money product, Kaupthing edge offers fixed-term deposit accounts with differing maturities and interest rates. For a period of 12 months, the interest rate is currently 5.45 percent. Thus, the Kaupthing Bank offers the leading interest rate in this market. The offer is also independent observers. “The magazine Exchange online” the day cash offer of Kaupthing highlighted Bank in its issue of July 10, 2008 as the best deal for regular customers. “Also in July 2008, the Investor Portal evaluated vergleich.de Kaupthing edge day money supply with very well”. Also in the consumer-oriented product checks of the financial information services Forium and Biallo Icelanders do very well.

Kaupthing is the German branch of the Icelandic Kaupthing Bank hf. The Bank has over 80 years experience in the retail business and operates in thirteen countries. The magazine Euromoney”honored the credit institution as the best bank in the North and Baltikregion in 2007. In December the same year a study by Arthur D. Little revealed that Kaupthing is the second most efficient Bank in Europe. It has an A1 – rating from Moody’s. Fitch Ratings confirms the company an A-rated credit quality. In 2008 Kaupthing edge in the UK was nominated as the best provider of interest accounts for the money facts. Kaupthing the Kaupthing Bank offers comprehensive banking services for individuals, companies and institutional investors. The Bank focuses on the growth and the development of their international activities and is one of the leading investment banks in Northern Europe. The German subsidiary is headquartered in Frankfurt am Main. Permanent Representative and Managing Director of the German subsidiary is Michael Kramer. Press contact: Markus R. Sanam Tel: + 49 (0) 208 4848325 email:

Leontis Equity Fund GmbH: Positive Industry Trend For 2010

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Leontis equity fund GmbH informed about private equity forecast BVK Wurzburg in April 2010: more than two-thirds of investors expect, according to private equity forecast 2010 of the BVK, industry association this year with higher investment, so the Handelsblatt in an article dated March 8. One reason for the optimism of the industry is especially the high capital requirements of SMEs. The trend is clearly upwards”, said Association Managing Director Dorte Hoppner the trade journal”. The BVK (Federal Association of German equity) opts for the high capital requirements of SMEs as the entire industry. The companies have a real topic of financing and seek alternatives”, Hoppner justified her optimism. Overall, more than two-thirds of respondents expect a rise in investment in 2010, about one in five expects similarly high levels of investment as in the last year. The Leontis equity fund GmbH is delighted by the positive expectations of the private equity industry. By Leontis offered Leontis equity funds provide SMEs with equity.

A special advantage of the Leontis equity funds is the independent system concept. This means: for new medium-sized investments no debt financed by banks is done inserted funding for the Leontis equity funds only with the help of equity. Thus, Leontis acts independently still difficult conditions of lending by banks. Funds investors of the Leontis equity in addition to the Bank independent plant concept will also benefit from a particularly rigorous assessment of new medium-sized investments. The Leontis management supported when selecting always external investment advisers, which have many years of experience in the market and make recommendations for new investments with high yield potential of Leontis equity fund GmbH. At the beginning of the year premium select Fund could announce to example the Leontis equity I a stake in the biotech company RAPID Pharmaceuticals AG.

This company is planning the 2012 Launch of a treatment against AIDS. Current products of Leontis equity fund investors can participate in those Fund premium select II (one time facility from EUR 5,000), as well as the Leontis equity are the Leontis equity fund easy select II (rates per month EUR 50 system). Both funds have the aim to achieve a strong growth of assets long-term at the same time highest risk reduction. About Leontis equity fund GmbH, the Leontis equity fund GmbH is initiator and provider of high-quality, structured investments in the form of closed-end funds. The company was founded in 2006. “” Since July 2008 Leontis provides already the successor fund Leontis equity fund easy select II “and Leontis equity fund premium select II” on. The Leontis concept allows investors access to exclusive top investments. The management of Leontis equity funds has many years of experience and competence in the design and management of closed funds products. Also bring the star-studded investment and Advisory bodies of the Leontis equity fund GmbH a decades of industry expertise. Learn more about Leontis equity fund GmbH at. Press contact: Leontis equity fund GmbH Marion Countess Wolffskeel Lambert Rottendorfer Street 30 d 97074 Wurzburg phone: 09 31 / 7 97 92 – 11 fax: 09 31 / 7 97 92 – 17 E-Mail: Internet:

Dental Insurance

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For the teeth since the revision of 2005 legal health insurance funds with the restorations take only still legally prescribed fixed amounts extra protection. But instead of primary care “a better quality implant so be, can achieve the equity quickly astronomical sums. A dental insurance can provide remedy in such cases. The finance portal geld.de informs what is to be considered for these policies. A dental insurance is worthwhile only if the insured wants to take higher quality and thus more expensive restorations in claims. Also, for the conclusion of the police, it is too late when the appropriate treatment has already begun or has been recommended by the treating dentist. For a period of eight months after conclusion of the contract, the insured is not entitled to benefits. During this period the insurer give themselves, to consider the request.

Restrictions on the amount of the contractual services, which can be claimed are often composed himself in the following years. Will the insurer changed, this waiting period again begins. Often appropriate deadlines but are eliminated, when changing the tariff within the insurance. The price range between the various rates is quite high. Cheap fares are available already for under 20 euros per month, better rates can cost about 30 euros a month. Also the contributions increase further depending on the type of tariff calculation with increasing age. Tariff differences between men and women, which the latter must pay tend to be more. More information: presse.html Lisa Neumann University first media

Car Insurance Early Exchange

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Individual insurance offer discounts for early insurance changes during the summer months Berlin, July 23, 2009 can advance in many situations of lower prices and benefit discounts. Whether in the car or while traveling: who decides in the longer term in advance, saving money often. Also in motor insurance, car owners can save a portion of your annual insurance premium through an early change. While a fierce price war in the insurer to new car buyers was flared up in recent weeks and months in the wake of the cash for clunkers, already promote individual insurance with current policies to car owners. Although some insurers such as the Alliance of the mode of the fixed insurance commencement date to the beginning of the year have passed, usually the option to change your car insurance for the next year until November 30 is for the insured.

Most insured people use the last six weeks prior to the period of notice, so the time from mid- October to end of November, to decide on a new car insurance”, explains insurance expert Thorsten Bohg by the independent consumer portal toptarif.de. Who is already sets to a new insurer for next year, can benefit individual insurance discounts.” To provide the motor insurer AXA and DBV in the context of its early action”all insured persons who decide until September 30, 2009 for a change of insurance up to 10% discount on the total premium. More car insurers could introduce in the next few weeks similar bonuses and discounts’, estimates Bohg. The number of customers willing to change from year to year increases considerably, which is why the motor insurer already must position themselves before the classic Wechselsaison according to.” Generally, it is recommended to check the existing policy already during the summer months alone and to inform themselves about alternatives for car owners. Comparison portals on the Internet can help here. More and more car holder decide when choosing their new car insurance for low-cost direct insurers in the Internet, accessing the resources of large insurance companies in most cases”clearly Bohg. In this manner the annual cost for the police in many cases can be cut in half.” Graphic: Large price differences in car insurance by consumer portals such as toptarif.

toptarif.de is the independent consumer portal of the Verlagsgruppe Georg von Holtzbrinck, for all common tariffs in Germany. It currently includes the categories of electricity, gas, DSL, investments, and insurance for legal protection, furniture, residential, private liability, car, keepers liability and is constantly being added and updated. Consumers can thus Minimal free check whether there are cheaper rates for him, and, where appropriate, immediately change. The complete service of change of is completely free of charge for the consumer and the customer receives the original conditions of the provider, in some cases over toptarif.de in any case even additional, not available from the provider themselves bonuses and discounts. Media contact: Christina Salinas Tel.: + 49.30.2576205.

Factoring And Leasing:

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The winning team in the middle market financing Munich, February 18, 2009 – a sluggish economy, weak consumption and limited access to bank loans currently put the middle class especially under pressure. The protection of own liquidity stands thereby for many companies in the first place. Methods of financing can be here a good alternative or supplement such as factoring and leasing, to stay liquid. With factoring companies make money owed. The entrepreneur sold his claims Vantargis factoring in continuously that and immediately receives about 80 percent as cash and cash equivalents. The Vantargis retains the remaining sum first factoring as a security, if a customer cuts the Bill and this pays off minus a fee to the factoring customer, once the customer has paid. Our customers have so instead of high debts”fast cash with which they can immediately work, explains Marco Frohlich, Manager of the Vantargis factoring. So can be in the shopping discounts, or the own customers offer longer payment terms”.

Factoring the customer with a product receives three service components. In addition to the financing are failure protection of claims and accounts receivable management. Depending on the needs and specific conditions we offer different models our customers”, so cheerful. So-called snippet factoring, we define for example before contract start”together certain accounts receivable, which are then handled in the factoring. Companies can exclude so quick payer or specific customer groups of the factoring and save unnecessary costs.

Interested parties can find more information, as well as the free factoring Guide under. The pillars of corporate financing the leasing is a perfect complement to the factoring. While factoring to sales financing only passed has established itself years in in Germany, leasing is long known and most have financed new investments that. The Vantargis group of companies with its leasing companies AML Leasing GmbH and Sigma Leasing GmbH, a joint venture with the active) lease Vantargis finance GmbH offers its customers a large leasing product portfolio. These include the various leasing models, such as sale-and-lease-back or even rent to own. Especially sale-and-lease-back transactions is a financing solution that the company owned sold owned mobile fixed assets such as machinery and equipment and at the same moment again about a lease back least – find increasingly interest in the company. We are very flexible as a bank-independent company and offer our customers individual solutions”, so Patrick G. Weber, Managing Director of AML leasing and SIGMA leasing. Funding over net book value include for example also season rates, summer and winter rates or, depending on the credit”. With factoring, companies secure liquidity, thus continuously while leasing well on new investments or even though for example long term in plant and machinery should be enabled to bound capital. On March 4, 2009 in Stuttgart, Germany, from 19: 00, can obtain an up-to-date overview of the possibilities of factoring, leasing and the inclusion in the free lecture new ways of business financing”of funds in the corporate finance. Registrations under background to the Vantargis factoring the Vantargis factoring GmbH is a bank-independent factoring company. The company financed small and medium-sized enterprises with an annual turnover of up to EUR 10 million nationwide as a full service provider in the factoring. Here, the Vantargis factoring GmbH with finance, insurance of bad debts and Receivables Management combines all aspects of factoring in any service.

Insurance Levels From Safes

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How much cash is insured by which safe? There are many security level in safes. You can find here what you need at what value. Have cash, jewelry or securities and certainly want this kept and still assures. A safe in the right security level / degree of resistance / VDS class is dan the necessary request. What is the difference between the concepts.

Security level is the colloquial and comes from the former name VDMA security level B, this referred to a double-walled safe. This was replaced by the security level S2 which is checked by the ECB-S and the VDS. Start the correct resistance class / grade from resistance degree N or 0. Below for an overview of what degree of resistance for which amount is required. It is important the insurance companies differentiate between private storage and business. Security level / intensity level possible Insurance protection without security security level A EUR 2,500 private / business security level B EUR 2,500 private / business security level S1 EUR 5,000 private / EUR 2,500 business security level S2 EUR 20,000 private / EUR 2,500 business resistance degree N EUR 40,000 private / EUR 10,000 business resistance level 1 private 65,000 EUR / EUR 20,000 business resistance level 2 EUR 100,000 private / EUR 50,000 for business resistance level 3 EUR 200,000 private / EUR 100,000 business fire protection from 30-180 minutes fire protection certificate for more information on this topic you will find up-to-date safes security levels

Low Pensions And Increasing Age

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Private provision is essential In relation to the statutory pension discussions prevailing in Germany for a long time. While politically hot over the retirement age has been debated, the citizens above all to the amount of their pension are concerned. But the Germans are not alone however. Similar problems can be observed in other European countries. The finance portal geld.de informs about the situation in other countries and the importance of private interest.

Today, a private pension insurance is essential. It protects against poverty in the age and ensures that people can maintain their standard of living. In a survey by TNS Emnid nearly two-thirds of the participants estimated their financial situation in the age as rather good. Almost 30 per cent presented their future standard of living but as a rather bad to very bad. Only seven percent of the 619 respondents were optimistic and predicted a great future.

While in Germany the retirement at 67 long since decided, in other European countries is still debated. The French are considering an increase in the retirement age from 60 to 62 years, is an increase from 61.5 to 65 years in Greece and Spain is planning the retirement at 67. Contract according to current statistics, approximately 14 million German citizens have a Riester. The conditions vary depending on the provider. A conclusion may be worth even in old age and shortly before retirement.