Intesa Sanpaolo consolidates DC pension fund range

Intesa Sanpaolo has merged the company’s defined contribution (DC) fund range for employees into a single DC fund, the company has revealed.

The move aims at making the resulting DC fund one of the market leaders for AUM, number of subscribers in order to “favour Intesa Sanpaolo’s employees and broaden their investment opportunities,” the bank note said.

Pietro De Sarlo has been named president of the fund, while Roberto Conte and Eugenio Burani have been named vice president and director general respectively.

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