Asset Allocation – Page 256
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Features
Second pillar needs support
Hungary is gearing up for an election in the spring, and the government is facing a serious challenge from the main opposition party, both on current policy and in the opinion polls. Nevertheless, it is showing determination in pressing ahead with EU accession legislation, including significant reforms of the capital ...
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Features
Time running out for reform
Despite being one of the most favoured nations for EU assimilation the Czech Republic continues to be inward-looking when it comes to investment reform and pensions. It is indeed a measure of the failure of many other countries in central and eastern Europe to create capital markets that the Republic ...
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Features
AD's local view of global pensions
At Allied Domecq (AD), globally the second largest spirits and wine company, headquartered in Bristol, the worldwide network of pension funds and international benefits arrangements comes in all shapes and sizes. “Basically, the principle according to our corporate pensions policy is that it should be a good local scheme,” says ...
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Features
Up and running - against the odds
Hong Kong’s retirement schemes industry has achieved considerable success in a short time-span. Compliance rates for employers and employees within the Mandatory Provident Fund (MPF) system, which became operative in December 2000, have exceeded expectations of even the most optimistic of industry observers. The system now covers around 2 million ...
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Features
Aiming to be leaders rather than followers
SPK is one of the oldest pension structures in Sweden, and when Peter Hansson arrived there from the banking sector in 1993 he sparked a serious overhaul of the fund structure and administration. Although a declared opponent of ‘beauty contests’, when the time could be spent implementing strategy, Hansson made ...
