First German sponsored Pensionsfond gets go-ahead

GERMANY - The German chemical employers association, the Bundesarbeitgeberband Chemie (BAVC) and the industry’s trade union, the Industriegewerkschaft Bergbau, Chemie, Rnergie (IG-BCE), have received the go-ahead to launch Germany’s first sponsored Pensionsfond – the first grouping to do so.

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