All articles by Barbara Ottawa – Page 103

  • News

    FSA reduces pension deficit by 12.5%

    2007-06-21T16:09:41Z

    [17:09 CEST 21-06] UK – The Financial Supervisory Authority (FSA) spent £26m (€38.7m) last year in order to reduce the deficit in its final salary pension plan by £11.4m to £79.9m.

  • News

    Pension funds seek drug firms transparency

    2007-06-20T15:57:16Z

    [16:57 CEST 20-06] GLOBAL – Two of the largest European pension funds USS and ABP are calling on the pharmaceutical industry to address issues such as transparency and access to medicine in order to increase investor value.

  • News

    Delta Lloyd buys Dutch asset manager

    2007-06-20T15:56:12Z

    [16:56 CEST 20-06] NETHERLANDS – Delta Lloyd, the Dutch subsidiary of Aviva, is acquiring Cyrte Investments.

  • News

    VSE looks further east for new indices

    2007-06-19T15:38:10Z

    [16:38 CEST 19-06] AUSTRIA/CEE – The Vienna stock exchange is looking to create new indices for eastern European countries.

  • News

    Boots trustees win £1bn in takeover battle

    2007-06-19T15:13:19Z

    [16:13 CEST 19-06] UK – Pension fund trustees of pharmacy group Boots have agreed a deal with AB Acquisitions which should see the fund receive a significant cash injection when the company is bought.

  • News

    Parliament seeks trustee advice

    2007-06-19T15:09:11Z

    [16:09 CEST 19-06] UK – Trustees of the £280m (€414m) Parliamentary Contributory Pension Fund of the House of Commons are looking for investment advice.

  • News

    Pension organisations gain new heads (amended)

    2007-06-19T15:01:38Z

    [16:01 CEST 19-06] EUROPE – Both the Irish Association of Pension Funds (IAPF) and the Association of Paritarian Institutions (AEIP) have named new heads for their organisations. (amends positions of AEIP appointments)

  • News

    Active managers hindered by fund size - research

    2007-06-18T15:55:23Z

    [16:55 CEST 18-06] GLOBAL – Most investment funds are too big to provide active managers with the flexibility needed to outperform the benchmark significantly, new research confirmed.

  • News

    IPE-QUEST: €67m European equities mandate

    2007-06-18T15:55:03Z

    [16:55 CEST 18-06] NORDICS – A Nordic financial institution is tendering a $90m (€67m) active European equities mandate on behalf of a pension fund.

  • News

    Luxembourg FDC appoints 18 managers

    2007-06-18T10:58:11Z

    [11:58 CEST 18-06] LUXEMBOURG – The Fonds de Compensation commun au regime general de pension (FDC) has appointed 18 managers for a total of €3.8bn.

  • News

    CEIOPS to study IORP interpretations

    2007-06-15T16:01:24Z

    [17:01 CEST 15-06] EUROPE – The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) is investigating how many interpretations of the European Unions' IORP directive are likely to emerge.

  • News

    BP seeks new CIO

    2007-06-15T16:01:01Z

    [17:00 CEST 15-06] UK – Colin Maltby is stepping down as head of investments of the BP Pension fund.

  • News

    Bosch chooses actuary

    2007-06-15T15:56:50Z

    [16:56 CEST 15-06] GERMANY – White goods producer Bosch has chosen BodeHewitt as its pensions actuary for the company from 2008.

  • News

    AP1 head Sandeberg to retire

    2007-06-15T10:58:40Z

    [11:58 CEST 15-06] SWEDEN – William af Sandeberg is stepping down as chief executive of the largest Swedish buffer fund AP1.

  • News

    Countries to disclose pension liabilities

    2007-06-14T15:44:22Z

    [16:44 CEST 14-06] EUROPE – Pension liabilities of EU governments could soon be disclosed in a supplementary table of the European System of National and Regional Accounts (ESA).

  • News

    Contribution cap set for NPSS

    2007-06-14T15:43:54Z

    [16:43 CEST 14-06] UK – A maximum of £3,600 (€5331) can be contributed by to the UK's National Pension Savings Scheme (NPSS) bu an individual annually once launched in 2012, the government has announced today.

  • News

    Zürich outsources pensions

    2007-06-14T15:39:40Z

    [16:39 CEST 14-06] SWITZERLAND – The pension scheme for the government staff in the Swiss canton Zürich will become a separate entity.

  • News

    Employer-guaranteed schemes decline hailed by Netspar

    2007-06-14T11:58:40Z

    [12:58 CEST 14-06] GLOBAL – As fewer corporate sponsors guarantee pensions, employees are becoming less dependent and conflict of interest is reduced, Lans Bovenberg, director at the Dutch pension research institute Netspar, has suggested.

  • News

    Schroders named as Shetland manager

    2007-06-14T11:57:40Z

    [12:57 CEST 14-06] UK – The Shetland Islands Council has named Schroders as the manager awarded a £20m (€29.6m) UK property mandate.

  • News

    Kosovo fund finds new head

    2007-06-13T15:44:47Z

    [16:44 CEST 13-06] KOSOVO – The €241m Kosovan Savings Pension Trust (KSPT) has appointed Adrian Zalli as its new managing director.