Sponsors never going to pay cost of Irish pensions levy – Ombudsman
Pensions Ombudsman says government’s ‘hope’ that sponsors would shoulder cost was unrealistic
EIOPA considers action over ‘unsuitable’ DC investment options
Supervisor flags up review of IORP Directive to include better links between investment approach, needs of members
Netherlands' biggest pension funds report funding shortfalls
BpfBouw bucks trend with 114.5% coverage ratio, bolstered by annual return of more than 24%
Friday people roundup [updated]
Varma, AMF, Folksam, AP2, State Street, Ilmarinen, PIC, ICI Global, PwC France, Mirabaud, Syntrus Achmea, UBS GAM, BlackRock, Eaton Vance, Threadneedle, Aon Hewitt, bfinance
UK pension funds ‘feast’ on pre-election index-linked Gilt auction
Last major Gilt auction before election nearly four times oversubscribed
Danish roundup: PensionDanmark, Industriens, Nordea, DIP
PensionDanmark achieves positive return in all asset classes over 2014
Veritas, Elo cautious over growth after 'especially strong' 2014 returns
Prospects for Finland ‘bleak’, warns Elo CIO
Dutch watchdog bans professional trustee from pensions sector
Trustee must relinquish all positions in sector after failing DNB’s ‘reliability’ check
Collective defined contribution: It's about commitment
Con Keating, head of research at BrightonRock Group, considers the ‘main’ advantage of the CDC model
IASB approves asset-ceiling, service cost amendments to IAS 19
Plan surplus amendment could be most keenly felt in UK, says IASB
January 2015
- Investing In Small & Mid-Cap Equities: Starved of capital
- How We Run Our Money: Wolfram Gerdes, CIO of the KZVK-VKPB pension funds for German church employees
- Special Report, The M&A Cycle: Big deals
- Analysis - When trend is not your friend
- Pensions In Central & Eastern Europe: A fresh start for pensions
Digital Edition
Registered users are entitled to the first digital issue of IPE with the compliments of the IPE.com team.
On the Record: Andreas Kretschmer CEO, Ärzteversorgung Westfalen-Lippe (ÄVWL) Germany
Do you invest in long-term, illiquid assets? Matching long-term cash flow to liabilities
On the Record: Allen Twyning Head of debt origination, Pension Insurance Corporation (PIC) UK
Do you invest in long-term, illiquid assets? Matching long-term cash flow to liabilities
New ways to talk to your members
As European social welfare budgets come under pressure, persuading stakeholders of the need both to make retirement provision and to save towards it is becoming more crucial.
Investment Briefing: Sayonara, keiretsu
Abenomics may not be the only reason to take another look at Japanese equities. David Turner uncovers a sudden conversion to the shareholder-friendly religion
IPE Views: Investors on the fence over €315bn Juncker plan
Jeremy Woolfe finds much talk but little action so far on EC’s proposed €315bn investment plan
Frozen conflict
Since a 1964 report on road pricing in the UK, authored by one RJ Smeed, the idea of charging citizens for use of public highways has been repeatedly raised in Britain.
Real estate
Swiss BVK avoids CHF1bn loss with 'comprehensive' currency hedge
Hedge allows pension fund for canton of Zurich to weather currency volatility ‘comparatively well’
LPFA, Greater Manchester launch £500m infrastructure vehicle
Shared vehicle to have London, Manchester focus but look to invest in national projects
Guest viewpoint “The long term can be a very strange place in many ways”
With 78% of pension funds considering themselves long-term investors in an IPE Focus Group survey, it would be tempting to believe that dramatic progress had been made towards achieving the objectives of the Kay Review on UK equity markets.
Every lesson helps
Here are 12 things arising from the Tesco accounting debacle that pension funds could deploy which would help prevent, or at least mitigate, similar implosions. This needs to be a two-way process. My questions are forward-looking and include some that investors can ask of asset managers.
