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.