Ian Hinton
- Features
Woodrow Milliman firms give their market views: SPAIN
Asset allocation in Spain is set to change as a result of the both the euro and also because of the changing domestic pension and investment scene. Spanish funds have fewinvestment restrictions: simply that 90% must be invested on recognised stock markets, 1% in cash and the other 9% is ...
- Features
Asset/liability modelling set to increase
Two options will be available for funding company pension promises to meet the requirements of the 1995 pensions law - qualified pension plans (QPPs) and insurance contracts.Since QPPs were permitted in 1987, a large majority of the investments have been in relatively short-term fixed-interest assets and cash. This partly reflected ...
