Austria: Pensions and Investment News and Analysis
Austria’s small pension market totals just over €27bn managed in Pensionskassen and just under €20bn in severance pay funds. The government of 2019 did put pensions on the agenda in its coalition agreement, promising a so-called general pension contract. Following elections in September 2024, there are few hopes that occupational pensions will move up the political agenda, however.
Country Report – Pensions in Germany & Austria (April 2022)
It took just over 100 days in office before Germany’s new coalition government announced a €500bn budget to first pillar pension financing, setting in motion an agreed reform process that would create a partially funded state pension system.
VBV launches new life cycle model to target younger employees
The pension fund is talking to all company members to amend their contracts to include a lifecycle model with automatic enrolment and an opt-out option
Austria’s pension funds deliver 7.8% for 2024
Last year’s returns marked the best result in the last four years after 6.4% in 2023 and a significantly negative return of -9.7% in 2022
Austria’s think tank calls for increase in retirement age
A pension reform increasing the retirement age would help to make the pension system financially sustainable
Austria’s BVK sees 10% rise in AUM
Provident funds’ assets under management grew by €834.16m, or 4.21%, quarter-on-quarter in Q3
Amundi builds on multi-layer private markets strategy for DACH region
The next steps in Amundi’s private markets strategy in Germany are to promote ‘healthy growth’ among institutional investors and double AUM to €5bn in the next 3 years
TOP AUSTRIA PENSION FUNDS 2024
Pension fund/entity | Assets (€’000)
Pensionkassen
- VBV | 8,590,000
- Valida | 6,838,083
- APK | 5,847,568
Vorsorgekassen
- VBV | 6,258,600
- Valida | 4,600,000
- Allianz | 2,371,402
©IPE Research; View the Top 1000 European Pensions Funds 2024 for a comprehensive market overview
IPE BEST PENSION FUND IN AUSTRIA AWARD WINNERS
- 2023 - Bundespensionkasse | VBV-Group
- 2022 - APK Pensionskasse
- 2021 - VBV Group
- 2020 - APK Pensionskasse
- 2019 - APK Pensionskasse | APK Vorsorgekasse
#14 Leaders in Investment podcast: Conversation with Günther Schiendl, Chair and Chief Executive Officer of Austria’s VBV Pensionskasse
Günther Schiendl, Chair and Chief Executive Officer, VBV Pensionskasse, in conversation with IPE Editorial Director Liam Kennedy.
IPE DACH Briefing: Germany goes to the polls
Olaf Scholz, chancellor of Germany, is challenged over pensions in latest town hall
VBV launches new life cycle model to target younger employees
The pension fund is talking to all company members to amend their contracts to include a lifecycle model with automatic enrolment and an opt-out option
Austria’s pension funds deliver 7.8% for 2024
Last year’s returns marked the best result in the last four years after 6.4% in 2023 and a significantly negative return of -9.7% in 2022
IPE DACH Briefing: Germany’s reform zeal to enter unchartered waters
Plus: SPRIN-D calls to deploy capital-funded pensions to support research and development projects; SPD wants to strengthen occupational pensions
Austria’s think tank calls for increase in retirement age
A pension reform increasing the retirement age would help to make the pension system financially sustainable
Austria’s BVK sees 10% rise in AUM
Provident funds’ assets under management grew by €834.16m, or 4.21%, quarter-on-quarter in Q3
IPE DACH Briefing: Germany mulls over increasing security/defence spending
Plus: Bundesrat recommends reviewing second pillar pension system; Swiss Federal Supreme Court rejects complaints on pension reform
Amundi builds on multi-layer private markets strategy for DACH region
The next steps in Amundi’s private markets strategy in Germany are to promote ‘healthy growth’ among institutional investors and double AUM to €5bn in the next 3 years
The pensions reform promises of Europe's far-right political parties
The rise of far-right parties has bolstered support for European welfare state systems, but radical right-wing policymakers face difficult choices
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