This summer Swiss Life wished to have access to MLP’s rich customers.
This wouldn’t have been a problem: The Wiesholes are ruthless businessme. If Swiss Life had offered enough fee, the strukkibude would have distributed the swiss products. Obviously Swiss Life didn’t accept MLP’s demands.
The story is similiar to the fall of the ‘Mannheimer Lebensversicherung AG’: […]
Germany’s biggest tv-station says: profit warning!
Even the experienced(!) spin doctors of MLP weren’t able to cover the gaps this time.
Cris moans the bad news are the result of the financial crisis. Hm. Cris, shouldn’t your ‘experts’ in long range financial advice not have forcasted such things?
What a good thing that MLP’s customers have increased their […]
News service finanznachrichten.de yakked some flapdoodle on ‘independence’ of financial advisers.
We agree that you can’t expect independence at your normal bank. But after this statement the advice is bushwah.
First mistake: The author beleaves that MLP would be independent. No comment on that necessary for our readers.
Second: The naive author continues by reporting of ‘real expensive’ […]
We had reported earlier of closed MLP-offices in Berlin and Hamburg. A few of them pretend to be alive by automatically forwarding phone calls and so on. Another offices had lost their local branch managers and are run without head.
Now Munich, one of Germany’s richest cities, reports the closing of MLP-offices. Oh, oh!
Uwe, when will […]
Since 1st of July the German door-to-door-salesmen have to reveal their percentage - as we have reported they don’t have to tell the whole story because ’strukkibuden’ like MLP have a lot of hidden ways to get money from the insurance companies, e.g. owing shares of these companies.
One of Germany’s most distinguished writer on insurance […]
The cheaters of MLP often try their luck in the internet. This is no news to our readers.
One of their silly scams is to screw maybe-customers with faked retirement pay calculators. With the online tool Rentenrechner you can suggest yourself that you will face a gap in your retirement pay - the friendly Wiesholes offer […]
On 1st of July the door-to-door-salesmen of MLP and other ’strukkibudes’ will face the new edict ‘Informationspflichtenverordnung‘. Be careful! This doesn’t mean that they have to reveal their percentage. Read what Financial Times Germany has to say:
Die tatsächlichen Kosten, die von den einkalkulierten erheblich abweichen können, müssen die Gesellschaften nicht nennen - zum Beispiel treten […]
German Wirtschaftswoche (’Business Weekly’) writes about the revolutionary change of distribution ways for insurances. Selling insurances is done now by discounters like Tchibo and so on.
The pressure group of German salesmen ‘Bundesverbandes Deutscher Versicherungskaufleute (BVK)’ admitted a so called Leipziger Erklärung complaining against the greedy insurance companies forcing aggressive methods in business.
Uwe, Uwe, Uwe …
MLP’s hotshot Uwe announced to his Wiesholes that the article Koeder fuer Akademiker (’bait for academics’) in the new issue of FINANZTEST would be a great success. Uwe? Did you read it? Knock, knock, knock - someone at home, Uwe?!?
We take the article for a direct warning for bullshit-sellers from Wiesloch.
When the […]
Some MLP-stories are so hard to believe that sometimes we assume to watch a screwball comedy.
A local branch manager of MLP invented a clever trick to get new contacts: His office starts sending demands for alleged ‘damages’ to maybe purchasers. When the receiver complains about the false claim MLP’s secretary calms him down and promises […]