Smooth transition launches streamlined new structure

By IPE staffDecember 2004 (Magazine)

To ensure its future success in a fast-changing pensions market, Munich-based Bayerische Versorgungskammer (BVK), an independent pensions holding company with over 1.5m active members and retirees and a capital value at 31 December 2003 of €31.4bn, felt it needed a new structure that was not only cost-effective, efficient and transparent ...