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 by PKA have merged to form a new fund to cut costs, IPE reports. The Health Professionals’ Pension Fund will have a combined €4.4 billion in assets under management. The merged funds include the Medical Laboratory Technologists’ Pension Fund, the Occupational Therapists’ and Physiotherapists Pension Fund, the Midwives’ Pension Fund and the Danish Diet and Nutrition Officers’ Pension Fund. The new fund will have combined membership of 48,000.
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