Pension liabilities for DAX companies fall by 28 6% in Q2 ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
Funding level of DAX schemes reaches record high – WTW study ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
By Luigi Serenelli2021-05-12T15:32:00+01:00
German energy company E.ON is setting up its own Pensionsfonds with a view to further consolidate occupational pensions within the group, said Stefan Brenk, head of pension finance and asset strategy at E.ON and chief executive officer of the new Pensionsfonds.
“The same [consolidation and centralisation] applies to the governance of investments and the investment management behind the financing vehicle. This is what makes the E.ON Pensionsfonds so important to us,” Brenk added.
The E.ON Pensionsfonds will replace other financing vehicles in the context of designing modern pension plans, it said. It is still waiting for approval from the supervisory authority BaFin.
E ON gründet Pensionsfonds: Neuer großer Player am Markt dpn-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dpn-online.com Daily Mail and Mail on Sunday newspapers.