Turbulent financial markets, debates about annuity payments, insufficient transparency and inadequate corporate governance have exposed the weaknesses of many BVG solutions – excessive risk-taking, exaggerated promises of benefits, inefficient and costly administration, an absence of transparency and a lack of supervision. Now, new solutions are required, that can deliver sound, reliable, attractive and transparent pension schemes and provision against contingencies.
Noventus PensionPartner AG, a subsidiary of ECOFIN, is working together with competent partners to define pension solutions that are based on principles of specialization, competition, intelligent standardization and transparency.