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PKA Funds Merge To Form €4.4B Scheme

Four pension funds administered by PKA have merged to form a new fund to cut costs.

    Four pension funds administered byPKAhave merged to form a new fund to cut costs,IPEreports. TheHealth Professionals’ Pension Fundwill have a combined €4.4 billion in assets under management.

    The merged funds include theMedical Laboratory Technologists’ Pension Fund,Occupational Therapists’ and Physiotherapists Pension Fund,Midwives’ Pension Fundand theDanish Diet and Nutrition Officers’ Pension Fund. The new fund will have combined membership of 48,000.

    Click here for the story fromIPE.

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