Berlin, 9 July 2026. Riskful misinvestments at the Pension Fund of the Dental Association Berlin (VZB) have shown that there is a need for supervision. There are risks of losses of up to 1.2 billion euros, which endanger the retirement protection of around 11,000 dentists and their families. The case reveals a blatant failure of the entire control chain of internal auditing, external auditing and state supervision. Thomas Stephan, Member of the …
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Berlin, 9 July 2026. Riskful misinvestments at the Pension Fund of the Dental Association Berlin (VZB) have shown that there is a need for supervision. There are risks of losses of up to 1.2 billion euros, which endanger the retirement protection of around 11,000 dentists and their families. The case reveals a blatant failure of the entire control chain of internal auditing, external auditing and state supervision. Thomas Stephan, Member of the …