Belgium's industry-wide sector suffers setback

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BELGIUM - Belgium's recent national wage negotiations have not had the desired impact on the industry-wide pensions sector, with the final draft containing no references to any new sector fund as compared to initial drafts.

Hugo Clemeur, secretary general of the Belgian Association of Pension Funds, said: “The final wage agreement is really very limited, the salary increase margins are hardly higher than the expec...

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