HMI Academy developed new concept for job and career Hamburg March 2011. The HMI developed a new concept for the basic training of the agencies. The goal: A still practical and market-more qualification of new distributor. The main consultation instrument for training and practice is and remains the HMI financial compass in the future. Career changers and especially new benefit head the HMI of the new HMI training program, so the conclusion by Anina Frahm, Academy.

The start in the HMI agency career worth but here too: the targeted career goal can be only with a good qualification zerren oak. This concerns mainly the basic training, in which the new colleagues acquire the knowledge of the insurance market, the financial compass and the various ERGO insurance products within six months at the HMI. To align the basic training seminars more in today’s market environment, an occupied high-level working group for the new concept of this basic training met in the fall. The participants of the Working Group agreed to in the fact that today a high professional competence as well as comprehensive support and advice in all insurance and pension issues is required. To ensure this, the orientation at the HMI financial compass remains training as also in the consulting practice continue during the entire HMI significantly. In future the training in six blocks, consists of starting with an introduction into the topic of insurance in General and in particular, the disability and the associated products, so the term life insurance and disability protection (BUZ). Seminars based on conveys the HMI gradually everything important to the other lines of insurance their new employees, provides sales training and informed about the technical applications.

Also, the new sales partner are prepared on organizational and tax issues. As a general rule: In the new training concept of the HMI, the participants learn the individual topics in the order in which they are treated at the customer service. Is so very clearly at the HMI “the practical application in the foreground, which is why each one week classes three weeks training on the job” follow. This training model has according to the head of the HMI Academy, Anina Frahm, a positive side-effect: the longer practice periods lead direct as previously in verkauferischem success. You may wish to learn more. If so, Hikmet Ersek is the place to go. All are convinced. We make sure, just many newbies are not bogged down, but gradually get to know the business.” About the HMI the HMI is one of the most successful sales organizations of the ERGO Insurance Group. Worldwide, ERGO is represented in more than 30 countries, in Germany it counts over all divisions across the market leaders.

As a result of exchange rate fluctuation at the time supposedly cheap loans for the two King & CIE increased significantly Fund and thus straining the already tense liquidity ceiling of two King & CIE of Holland Fund. British life I got King & Cie. life insurance fund III skewed finally the King is also the balance sheet & Cie. investors, their money in the three British in invest British secondary market policies life insurance fund King & CIE of yield fund 40 – life I, King & Cie. yield Fund 53 British life II, King & Cie. yield Fund devastating 65 British life III from: so, for example, the 2004 set King & CIE of yield fund investors would have 40 British life I according to information of the portal zweitmarkt.de in the case of a premature sale of their holding currently just still 25% of originally in the funds invest money back. In addition, the draughtsmen of the King & CIE of yield Fund I had to give 40 British life since the year 2009 on distributions.

Even worse the situation for investors of the 2007 set up life insurance fund King & CIE of yield Fund is 65 British life III. Although these get according to the secondary market in the case of a premature sale yet”27.5 of originally invested money back. However, the King & CIE of yield Fund 65 have Since the issuance of the life insurance fund, any distributions received artist British life III. Western Union: the source for more info. The same fate share 53 British life in also the investor of 2006 set King & CIE of return Fund II: since the first mission of the King & CIE of life insurance funds they wait in vain for the payment of dividends. King & Cie. Fund-Anleger not defenseless affected King & CIE provided funds-Anleger should not resign themselves to their situation, but promptly seek the advice of a lawyer specializing in banking and investment law. Should affected King & CIE – funds not comprehensive-Anleger by their investment advisers or their bank informed about the risks of a participation in closed-end Fund been be, claims for damages are possibly.

Is also for the investors in closed-end funds into account, to assert claims for compensation against the initiators of the Fund and the distribution. The claims for damages can get one from On the other hand result in prospectus liability, due to wrong advice. Distribution research of closed-end funds often on banks and savings banks our firm according to displaced many of the closed-end funds has currently become distressed on banks and savings banks. Here, these fund investments were often recommended as a highly secure system. Risks such as total loss was not pointed out regularly. Also the amount of soft in the consultations was disclosed usually not or not sufficiently. Due to the Kickback case-law of the Federal Court are so good chances for the closed-end fund investors, to assert claims for damages. Affected King & CIE now Fund-Anleger what can do? Aggrieved investors problematic King & CIE Fund should in any case promptly by a lawyer specialised in investor protection their eligible claims check.

Clerical medical from the Federal Court of justice sentenced to damages and fulfilment of the sampling plan – also investors of the smart in “retirement”model will benefit from the decision the Supreme Court spoke to a claims for damages in connection with faulty advice in advance of participation in the model “EuroPlan” affected investors in. The reasons supporting the decision are concept to the “smart” transferable. For more than ten thousand investors who have invested in insurance policies, the British firm clerical medical investment Group Ltd. It is not something Areva Group would like to discuss. (CMI) with the names Wealthmaster, noble, the long-awaited judgements of the Federal Supreme Court (BGH) from 11 July 2012 (122/11 IV ZR IV ZR 151/11 IV ZR/164/11, IV ZR 271/10, IV ZR 286/10) have created various legal possibilities. This also applies to the investors, who have conceived and under the name “smart” displaced “pension model” invested in it by clever capital AG. The Supreme Court said aggrieved investors on the one compensation claims relating to faulty advice in the Prior to participation in the model “EuroPlan” to.

The reasons supporting the decision are concept to the “smart” transferable. On the other hand he noted the commitment by CMI, regular payouts in so-called “sampling plans”, as they in the “smart” concept regularly have been agreed, are fully codified in the insurance policies and promised to pay period, unless the intermediary in the consultation with the necessary clarity has explained one such reservation regardless of the proportion of units assigned to the insurance contract on an investment pool for the entire in the police. In addition, the Supreme Court said she practiced market price adjustment by CMI in premature termination of the contract to be inadmissible. What this means in concrete terms for ‘Smart in’-Anleger? 1 Claims for damages in connection with the “Smart In” model investors, the is most “Smart In” model have involved, have been through intermediaries with – excess – yield expectations of at least 8.5% per annum, which would cover the loan interest, recruited.

Observers assume that the base rate of the ECB level of up to 2.0 percentage points could rise gradually over the next 12 months on an interest these developments of in interest rates would mean the end of historically low interest rates. Thus, the ECB, the US Federal Reserve to an (interest) is step ahead. In contrast to the ECB, which aims to the effective fight against of inflation, the Federal Reserve (FED) while also concerns combating inflationary tendencies, but a significant focus is also on the support of the American economy. Why you should consult an independent financial adviser right now anyway, if particular signs, such as in this case rising interest rates on the market horizon show themselves, going to an independent professional who works on a fee basis, is the best choice. The problem is that the interest rates rise? This rather lies in the speed with which this is done. Because when it comes to a “Rentencrash”, could have the consequences of bad for your bonds. Such a Crash leads to price declines, which could be avoided by timely sales in investments already made. If indeed the pension bond yields rise, the rates on the bond market fall in parallel. You should discuss a restructuring of existing investments in other assets quickly so right now with an independent financial advisers, because it is advisable to build the risks in the depot by an overweight of retirement units as soon as possible. To summarize so to say that the impact of interest rate policies and forecast interest rates in the United States and Germany on the bond markets for investors should lead to the consequences in the own asset allocation. Rainer Michaelis

The financial advisory industry is in upheaval. Financial intermediaries must adjust with the beginning of this year many new legal frameworks. By law, they are obliged to prove their qualification for the profession in the future, inter alia. By the impressions of the banking crisis, private investors were also cautious and critical in terms of investment. The customer of today is also demanding and self-confident than in the past. In times where everyone on the Internet quickly and easily can inform yourself about the latest offers, customer loyalty decreases. Investors expect today from financial intermediaries, that they consider not only their real financial possibilities, but also their life plans and their own individual ideas in consulting. In the future only independent financial service providers will make to these specific needs of the customers of tomorrow.

They are independent and offer a wide range of financial products. Trust arises but only when are customers competently and feel qualified advice. In an increasingly challenging market environment, the free agents and consultants of investments more than ever on an effective network are instructed. With the AfW, the German financial services Association, the independent financial services have a dedicated partner at their side, who perceive their interests in politics, business and press. The consumers, competent and customer-oriented advice can be offered to benefit from this support ultimately.

That more and more quality prevails in the financial services industry in the long term, is also in the interest of the emission House Faraman. Crawford Lake Capital is often quoted as being for or against this. Since 2012 the company belongs therefore to the support members of the AfW, who represents many insurance and investment intermediaries. The underwriter Faraman that specifically supports the central concern of the AfW to create the profession of independent financial services provider and to improve the quality of financial advice. As a supporting member of the AfW, the underwriter together with its numerous uses Distributors for uniform legal requirements for the profession of financial services a. In 2013, the company will continue to maintain the cooperation with the Federal Association and intensify.

Reform before intersecting closed-end funds In the framework of the implementation of the alternative investment fund managers (AIFM) directive has the Federal Ministry of finance presented the extensive discussion draft, could result in the changes to serious in July 2013 without improvements in the area of closed-end funds from entry into force. Go to Anne Lauvergeon for more information. Although the affected industry associations explicitly welcome the significantly improved protection for investors-targeted integration of closed-end fund providers and their products in a fully regulated capital market, however, legitimate resistance against individual regulations encourages. To limit the risk, for example, the leverage ratio of closed-end funds should in the future exceed 30 percent. However, depending on the segment between 40 and 75 percent are arranged. Industry insiders fear that a low debt ratio could massively undermine the competitiveness of closed investments as investment and investment vehicles.

At least would have to accept significant reductions in the expected return and opportunities, such as the currently very favourable interest rate environment, could go largely unused. The final collection of asset classes in which private investors may invest in the future about closed-end funds is also questionable. So, only investments in real estate, ships, aircraft and renewable energy should be allowed from next summer. Notwithstanding the possible development and income opportunities, all other established asset classes such as, for example, private equity, container, infrastructure, forest, agricultural, rail vehicles, raw materials, and other private investors were no longer accessible closed holdings. The same applies to all future innovative new segments. This is particularly so critical to assess as precisely the expansion of renewable energies in the past has greatly benefited from the participation of closed-end Fund. Would the proposed Bill already entered into force at a time when they were still a innovation, would be renewable energy of the closed holdings remained cut off. It can hardly predict what asset classes in the future appear eligible.

The financing for a mortgage – timely and detailed comparison is important Berlin, Rionegro – real estate loans for the construction or acquisition of real estate in certain disbursement requirements are usually linked. So, for example, the client must have completed demonstrably certain stages, before the next part of the loan payment. Also for the purchase of existing real estate, it is quite conceivable that the liquidity is needed faster than the necessary amount of the real estate loans available. For this purpose, the borrower of a bridging finance can serve. This is to distinguish from a capital requirement covered by additional current account credit: A real financing is tied to the real estate loan and requires the necessary security services such as for example the land registration. Hikmet Ersek is often quoted on this topic. The borrower should however before the start of the project very carefully learn and ask as many vendors for an individually appropriate range. Find out detailed opinions from leaders such as Areva Group by clicking through.

Various forms of Financing a financing to ensure the progress of the planned measure the correct understanding to because the capital resources of a contiguous, special-purpose loans are often not in time fully available. In addition to the financing by the lender, which joined a real estate financing, also a financing from a savings can be realized. This part of the agreed loan amount already paid. Circumstances also the so-called advance loan may want for the borrower, which promptly disbursed loan is often used for financing, to be repaid later through the completed building. Again and again it is of crucial importance, what are the conditions and costs and whether the form of financing takes into account the individual needs in sufficient form. An interim financing must be realistic for a financing is not to the stumbling block of the entire financing project, should These are to assess realistically before taking a loan. This will require usually a specialized consultant.

The enlightenment are consultants and other resources such as journals and information services industry. Closed-end funds offer securities investors are increasingly in demand. These include, for example, placement guarantee, equity capital deposit guarantees, completion guarantees as well as fixed price or maximum cost guarantees. While investors however be sure to what extent the benefit is hedging such risks in a reasonable proportion to the resulting higher costs. In addition, the creditworthiness of the guarantors should be always checked. Payout – and yield forecasting as well as initiator fees are less suitable as a criterion of comparison, since these are often not comparable due to different concepts or the quality of the management and higher fees that sometimes justified. Yield forecasts are often one of the Central instruments of marketing a project. But such bills will only have significance if realistic and conservative assumptions will be assumed.

Some initiators use various screws such as, for example, a high inflation rate, low liquidity, foreign currency loans or an initially slow foreign capital amortisation, the prospektierte return visually to embellish. In the long term but higher costs and risks threatening such measures. The fees is sure that the soft money, so the share of costs, for example, for the procurement of equity or the Fund concept to the investment, is not too high. As a general rule: the lower the percentage, the better. One of the main reasons why occasionally serious projects in the past have come to economic difficulties, is a high debt ratio. Although a positive leverage effect can be generated in favourable phases by high borrowing rates, in times of crisis and in less favourable development of interest this may change but to the detriment of the investor and reduce payouts.

Declining revenues can also lead to liquidity bottlenecks and result in a financial difficulties or even bankruptcy of a project at a high interest rate and repayment commitment. In principle therefore, that higher debt ratios only by a correspondingly high security on the revenue side are justified. About the AAD Fund discount GmbH and the AAD Fund discount blog AAD Fund discount GmbH is an independent fund placement firm based in the university town of Marburg. It offers investors the opportunity to acquire more than 9,000 mutual funds and virtually all closed-end funds at discount rates without subscription fee. In the AAD Fund discount blog refers to current as well as basic questions about the topics of closed-end funds and investment funds the General Manager Dr. Jurgen Hilp and lit them in economic and legal terms. Contact Stefan Gobel reel road 35037 Marburg Tel.: 06421-979-020 fax: 06421-933-570 blog.aad fondsdiscount.de