Asset Allocation – Page 212
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Features
Working within constraints
Norway’s pension funds are highly regulated, at least as far as funding and investments are concerned. Kjell Taftø, managing director of the Trondheim Kommunale Pensjonskasse, says that the need to produce an minimum annual level of return restricts investment freedom. “I would like to see fewer regulations, particularly in the ...
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Features
What the PVK says about outsourcing by pension funds
In January this year the Dutch pensions supervisory authority, the PVK, circulated policy rules for outsourcing by pension funds, the Beleidsregel uitbesteding pensioenfondsen. These rules, which came into effect on 1 February 2004, set out regulations with which pension funds and the service supplying party must comply. They define a ...
