Insolvency protection for the pension obligations of a nationwide hospital operator
since 2012 · nationwide · ongoing · trust assets approx. EUR 3.6 million
Teaser
Since 2012 THI has secured the pension obligations of a nationwide hospital operator against insolvency – one of the longest-running mandates of the company.
Background
A nationwide hospital operator wished to secure the funds required for its pension obligations against insolvency in favour of the pension beneficiaries.
THI’s role
THI implemented the CTA structure in 2012 and has since administered the trust assets together with its partner bank: the assets are invested in trust accounts and securities accounts; when investments mature, THI prepares the trustor’s investment decision in line with the trustor’s investment guidelines, obtains that decision and implements it with the bank.
Result / status
The structure has been in ongoing operation for more than 14 years.
Direct contact
Dr Joël B. Münch
Jeannette Döhler
Response within one business day.