New chief executive at Austria’s Valida to focus on Vorsorgekassen

first_imgHe also stressed that the company “would be ready” should demand increase in the Austrian occupational pensions market.For the Vorsorgekasse, Eberhartinger said he wanted to invest in a sales strategy, as this was a market “guaranteed to grow”.In Austria, each employer must pay part of an employee’s salaries into a Vorsorgekasse, or provident fund, to provide for a future severance payment upon leaving the company.Eberhartinger was appointed to Valida’s board of directors last year to assist with a revamp of its administration.Last week, it was announced that former chief executive Andreas Zakostelsky would focus on his political role as an MP and his position as head of the Pensionskassen association FVPK.New chief executive Eberhartinger is to focus on the Pensionskassen and consultancy side of the business.He will share the board with Albert Gaubitzer, who will focus mostly on the Vorsorgekassen business and IT.Eberhartinger told IPE his new job was a “completely new role”.“So far, I have always built pension fund businesses from scratch, but now I have to streamline an existing pension fund business,” he said.Eberhartinger said a wide-ranging “streamlining” process, taking “at least 3-5 years to complete”, would cover the actuarial accounting of individual pension portfolios of a company.Currently, this is handled by four different people, depending on how a client comes to Valida – via a direct sale, for example, or as a former consultancy client that transfers its pension fund.The new strategy will require new client-relationship management, Eberhartinger said, to ensure a “single face to the customer” policy.The new chief executive confirmed that, over the long term, his aim was to integrate Valida’s two Pensionskassen – one being the former Siemens Pensionskasse now known as Valida Industrie – into a single entity.He also wants to exploit more “synergies” with Valida shareholder Raiffeisen, “where it is reasonable and cheaper”, which will also mean representatives will hold seats on the supervisory board of Valida subsidiaries.The chairs on the supervisory boards of the Valida subsidiares vacated by Zakostelsky will, however, be filled by Eberhartinger and Gaubitzer themselves, respectively.Click here to read more about the scramble for Vorsorgekassen clients Direct sales activities will be scaled back for Valida Vorsorge Management’s Pensionskassen business as part of a re-structuring, according to Stefan Eberhartinger, the group’s new chief executive.  Valida Vorsorge Management is the holding comprising the Valida Pensionskasse, the Valida Vorsorgekasse and a consultancy.Speaking with IPE, Eberhartinger said: “The market is currently too small, and active sales produce too little margins.”He confirmed that Valida would continue to take part in tenders, however, and serve clients who come to the group.last_img read more

Small self-selected online survey find some medical supporters of assisted suicide

first_imgOf the 300 doctors who took part, 37 per cent supported legalising AD in New Zealand. Among the 470 nurses, 67 per cent were in favour. However, if it were to become legalised in this country, training programmes and protocol should be established well in advance.https://www.tvnz.co.nz/one-news/new-zealand/third-nz-doctors-support-assisted-dying-studyKeep up with family issues in NZ. Receive our weekly emails direct to your Inbox. These included having enough health workers trained and willing in the practice, clear protections within legislation for professionals, and guidelines and standards for practice. Those respondents also overwhelmingly saw the provision of most of that support as the responsibility of the medical and nursing professional bodies. The study, published in the NZ Medical Journal, highlighted barriers to legal AD.center_img The study involved an online survey in which there were 770 replies. The authors noted that many doctors still opposed AD, suggesting it remained far off in New Zealand. Third of NZ doctors support assisted dying – studyTVNZ One News 2 June 2017Family First Comment: Sheesh – pretty desperate for supporters of assisted suicide to promote this study!“The study involved an online survey in which there were 770 replies. Of the 300 doctors who took part, 37 per cent supported legalising AD in New Zealand. Among the 470 nurses, 67 per cent were in favour.”Hardly a voice of the medical profession!Over a third of New Zealand doctors and two-thirds of nurses support legalising assisted dying, according to an Auckland University study.Of those who would be willing in principle to provide assisted dying (AD) services, most said there should be ethical and practical support available to doctors and nurses making those decisions.That would ensure procedures were carried out correctly.last_img read more