Company Pension Funds Tend to Investment Funds

Businessn.a. ♦ Published: March 11, 2011; 01:32 ♦ (Vindobona)

Investing in investment funds is a growing trend for company pension funds (betriebliche Vorsorgekassen), increasing by 32% in 2010. The volume of corporate pension funds increased by 26%.

Company Pension Funds Tend to Investment Funds / Picture: © Vindobona.org

The volume of pension entitlements - these are the rights to retirement funds managed by the betriebliche Vorsorgekassen (BVK, company pension funds) amounted to € 3.56bn by the end of 2010. An increase of € 0.74bn, or 26% was recorded in comparison with the end of 2009.

The same as in 2009, increased investing in investment fund shares can be observed. The proportion of…