German PWG sees lower return on one-time payout

By 2007-08-14T15:00:00

[16:00 CEST 14-08] GERMANY – PWG, a €483m Pensionskasse (insurance-type scheme) for co-operative firms in west Germany, has reported a decline of nearly one-third in its return for 2006 compared with 2005 on the back of increased reserve payouts.

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