GrantsFinancialSVS

AFA AG: poverty – not an issue by morning the AFA AG warns of impending poverty in Germany for many years and strongly advises to the private pension at an early age. Since this week, all those should prick up their ears, have previously pushed the poverty in old age as a subject of the future to the side. The Federal Statistical Office has published new figures. Then, the old-age poverty increasing sharply in Germany. Last year depended on almost 465,000 pensioners on assistance from the State. 6.6 Per cent are more than in the year before. This figure is a new record. A glance on the statistics, that especially women from the West German Federal States are affected.

Absolute leader is actually rich city Hamburg. Here, the proportion of welfare recipients was 6.2 per cent both in men and in women over 65. It followed with 5.5 percent and Berlin Bremen 5.3 percent. Least frequently depended on pensioners in Saxony and Thuringia on the basic insurance. In the two provinces, the rate was one percent. “The issue of poverty in old age is Future sadly even more look as already. I can advise everyone in good time to think about tomorrow and to provide private. Our top asset depreciation Fund policy is recommended immediately, which was awarded with the title of best retirement this year by the financial magazine FOCUS MONEY “, says Stefan Granel, the AFA Board in Berlin.

The AFA AG has developed a short video titled “Retirement plans instead of poverty”, which explains in simple words and images, what matters in the private old-age provision. The video is available at: about AFA: the general financial and Assekuranzvermittlung (AFA AG) is an independent financial sales with seat in Berlin and Cottbus. The insurance professionals and system business of AFA AG have a Chamber of Commerce degree and are trained according to the recognized directives. In addition, they are registered in the EU register of brokers and work in accordance with the EU directive for financial services. Every year the AFA AG provides nationwide 750 free training places available and promotes 250 Young entrepreneurs. New office locations are planned in all Germany.

Cheap debt to no early repayment penalty interest rates for housing loans are always still unbeatable cheap long-term comparisons. According to Bundesbank statistics, the average effective interest rate of loans with maturities of 5 to 10 years amounted in April 2011 only to 4.18%. In August 2007, he was still a full percentage point higher at 5.18%. Understandably, resent builders have long financed their real estate to a higher fixed interest rates as. They would complete the credit under the current conditions, they could save some ten thousand euro in many cases. Debt to is possible, but usually not readily because the Bank can be meet the credit up to the end of the fixed rate agreement, or an early termination only upon payment of an early repayment indemnity must agree to, what usually destroys the interest rate advantage. Not so rarely there but on one side a way, the expensive credit to finish, without an early repayment indemnity pay. Namely, if the revocation of the credit agreement is wrong.

It is since 03.11.2002 no longer, whether you have completed the credit in a doorstep-selling situation, because since that time 495 each consumer admits BGB 2 weeks in case of a right of withdrawal, that the loan agreement in the Bank has been completed. The withdrawal period starts to run, if the revocation information is correct only and that is often not the case. The error are manifold. For example, the cancellation policy is wrong when it says that the revocation is considered failed if the consumers pay back the loan within a period of 2 weeks. The revocation would be incorrect even then when she should begin to run cooling-off period only with the entrance of the credit agreement with the Bank, or if the revocation information leaves open whether there is a related business between the credit and the funds that financed. If a withdrawal is wrong, can However, only an expert sure judge. Who wants to save his real estate financing, should have checked his credit agreement therefore by a lawyer specializing in banking and capital market law. Because the construction interest rates rise again for a few months, stakeholders should act soon.

If you do everything right in planning your retirement funding, have later enough money and can look forward to the time after work worry-free. The VZ experts have put together the most important tips for you, from which you benefit financially the most. Tip 1: make a solid financial plan places your anticipated expenses the income in retirement to. In this way, discover a possible financial bottleneck or get the certainty, until in old age financial security to be provided, your financial plan is based on realistic assumptions. This especially applies to the return on your investments, which significantly influenced the development of your assets and the amount of your income. And consider the inflation, which is the cost of living often stronger than expected rise in spending. Tip 2: secure your income if you have to live after retirement of your wealth, you should choose a cautious investment strategy for your savings.

A more interesting way is the stage strategy: you live of your assets, but without consuming it. so always have a liquidity reserve and you can inherit your assets later. You can learn more about the stage strategy from the new data sheet. Tip 3: check your private insurance: as pension or capital related? Your choice affects the amount and your income security after retirement. And it has far-reaching consequences for your financial flexibility, your tax burden, and the protection of your family. Ask for advice at this extremely important decision by an independent expert.

Tip 4: check for premature retirement pension cuts when start your pensions before the statutory retirement age, this has a lifetime reduction result, i.e. 0.3 per cent per month. You go so instead of 67 with 63 years in retirement, you must come out with 14.4 percent less pension. Therefore check what alternatives you have. Tip adjust your estate 5: Your wealth is divided after the death according to the statutory guidelines, your spouse device under certain circumstances in financial distress because he must pay off the remaining heirs. With a testament or marriage contract, you can ensure that your assets will be distributed so as you want it. Tip: Make sure that your assets for the future is properly loaded. Until 10 may, benefit from our depot-check action: VZ independent experts analyze your investments and show you whether to take high risks, how to improve the rate of return and pay less bank charges.

The winner of the occupational disability insurance 2012 are expected. Test winner Berusfunfahigkeitsversicherung Foundation were test 2011 last year were in the summer again by the tester by Stiftung Warentest examines disability insurance. Stiftung Warentest belongs to the most prestigious rating agencies in Germany and enjoys a very high level of confidence among consumers. In the last disability insurance several tariffs of different insurance companies were distinguished test with very good test results. BU test winner of 2011 was a collective of the AachenMunchener (SBU BU F/M), which achieved a total score of 0.7 and total could received the rating “very good”.

BU test 2011: 10 tariffs with “very good” award in addition to the BU test winner SBU BU were nine more disability insurance that convince Tester by Stiftung Warentest F/M of the AachenMunchener and received the best grade “very good”. Overall, this BU reached provider but “only” an overall rating of 0.9, which they beat not the test winner could. Were the runners up in the test: disability insurance the HanseMerkur disability insurance the HUK24 professional impotence insurance the HUK-Coburg professional impotence insurance the generali professional impotence insurance of the public Oldenburg disability insurance the provincial Rhineland disability insurance of Hannover life disability insurance the VHV professional impotence insurance of the VGH total the above BU could test winner convince the editors by Finanztest especially by a good price-performance ratio. A man thirty years was chosen as sample customers for the BU fares. Disability insurance test: eco 2012 even the renowned rating agency oko-Test has already 2012 the occupational disability insurance test and test winner could determine any real BU. Although the price performance ratios of surveyed BU tariffs agreed mostly, however, there were many complications in the admission criteria and tested customers had to spite small pre-existing conditions which is not negatively impacted by increased likelihood of disability, to be classified in a worse rate. Disability insurance test for students and trainees this year were already the disability insurance named test winner Stiftung Warentest for students and trainees.

A total of 25 policies for young adults were tested this. The consumer magazine pointed out the importance of a BU-insurance and the fact that this as early as possible should be completed, to insure their own labor power. This is important, especially for young workers as they have no legal right to a disability pension in the first years. They would pay 1/3 of the old Nettolohns monthly in the event of occupational disability. Whether that’s enough to life, every man for himself must determine. A private pension is very important so the professionals by Stiftung Warentest. In Germany, every fourth gainfully employed before the age of retirement is berufsunfahig.