AUSTRIA - Directors at Allianz Austria have suggested that the country's new insurance-based second pillar scheme, the Betriebliche Kollektivversich-erung, could generate a similar volume of premiums to the existing pensionskassen within the next five years.
Chief Executive Manfred Baumgartl said the equal status it would enjoy with pensionskassen was “a good and appropriate step” towards the stabilisation and promotion of the second pillar and would o...
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