Siemens’ pensions lose e1.2bn

GERMANY – Industrial group Siemens says its worldwide pension plans lost 1.2 billion euros in fiscal 2002 and that it added 442 million euros to its pensions trusts in Germany and the UK and transferred 377 million euros in real estate to its German pension trust in the first quarter.

You have now reached your article limit

Already a registered user or member? Sign in here

To continue reading, register free today for access

Register Now

Registration also includes access to

IPE Real Assets

Gated access promo

Five reasons to register today

  1. Access to IPE articles from our award-winning editorial team
  2. Unique IPE market data, rankings and tables
  3. In-depth interviews with pension fund leaders
  4. Extensive coverage of latest asset class trends
  5. Comprehensive archive of data, research and intelligence