All articles by Barbara Ottawa – Page 106

  • News

    Tax exemption end will cut pension provision - aba

    2007-05-24T12:16:24Z

    [13:16 CEST 24/05] GERMANY - aba, the German association of occupational retirement, predicts there will be a 20% drop in occupational pension provision from 2009 if employers’ tax exemptions on social contributions are withdrawn.

  • News

    Portability faces death threats

    2007-05-24T09:59:21Z

    [10:59 CEST 24/05] EUROPE – The European Commission's proposals for an EU pensions portability directive are endangering occupational retirement provision, delegates at the aba-conference were told.

  • News

    Pension funds contribute 20% to CEE wealth increase

    2007-05-23T10:05:05Z

    [11:05 CEST 23/05] EUROPE – Pension funds in Central and Eastern European (CEE) aided a 14% wealth increase for people in the region, a UniCredit study has found.

  • News

    Leicestershire chooses hedge funds manager

    2007-05-23T10:00:46Z

    [11:00 CEST 23/05] UK – The £1.9bn (€2.8bn) Leicestershire County Council pension fund found a manager for a £105m targeted return mandate.

  • News

    NBIM appoints real estate manager

    2007-05-22T15:28:30Z

    [16:27 CEST 22/05] NORWAY – Paul Golding is joining Norges Bank Investment Management (NBIM) to prepare what appears to be the bank's first foray into international real estate to invest assets of the NOK1.88trn (€230bn) Norwegian Government Pension Fund – Global.

  • News

    M&S property plug cuts deficit to £283m

    2007-05-22T15:28:00Z

    [16:28 CEST 22/05] UK – Payments made under the recently-signed real estate partnership have brought Marks & Spencer's pension deficit down to £283m (€414.7m).

  • News

    Watson Wyatt set to buy Heissmann

    2007-05-22T13:55:00Z

    [14:55 CEST 22/05] EUROPE – Watson Wyatt is intending to take over the established German consultancy firm Dr Dr Heissmann.

  • News

    NAPF to uncover major pension fund concerns

    2007-05-22T12:00:09Z

    [13:00 CEST 22/05] UK – Pension fund associates can now register their greatest worries with the National Association of Pension Funds (NAPF) in an online poll.

  • News

    PPF appoints financial risk director

    2007-05-22T10:01:57Z

    [11:00 CEST 22/05] UK – The £305m (€446.3m) Pension Protection Fund (PPF) has confirmed Martin Clarke in his position as director of financial risk.

  • News

    Private equity becomes riskier, says OECD

    2007-05-22T10:01:18Z

    [11:00 CEST 22/05] GLOBAL – Investing in private equity bears more risk as more money enters the market, the OECD has stated in its latest Financial Market Trends.

  • News

    IPE-QUEST: Up to €74m for European equity

    2007-05-21T12:16:04Z

    [13:15 CEST 21/05] GERMANY – A German corporate pension fund is looking for a manager for a $50-100m (to €74m) European equity mandate using IPE-QUEST.

  • News

    ASIP mulls quality label for trustee education

    2007-05-21T09:51:28Z

    [10:51 CEST 21/05] SWITZERLAND – The Swiss pension fund association ASIP is considering the introduction of quality screening for education institutes offering training for trustees and pension managers.

  • News

    Stats reveal fewer second-pillar pensions

    2007-05-21T09:51:08Z

    [10:51 CEST 21/05] GERMANY – Almost 20% fewer German employees signed a contract with a Pensionskasse in the first quarter of 2007 compared with last year.

  • News

    TFR changes give birth to three new funds

    2007-05-18T15:52:15Z

    [17:00 CEST 18/05] ITALY – Italians working in the craftsmen, transport and agricultural sectors now have industry-specific pension funds.

  • News

    Final module completes trustee toolkit

    2007-05-18T15:51:08Z

    [16:50 CEST 18/05] UK – Information on 'Running your scheme' is the final module of the trustee toolkit assembled by The Pensions Regulator.

  • News

    BA halves pension deficit

    2007-05-18T12:07:08Z

    [13:07 CEST 18/05] UK – Savings from changes to pensionable pay plus the finalisation of an £800m cash injection brought British Airway's (BA) £2.1bn (€3.1bn) deficit in the New Airlines Pension Scheme almost down to £1bn.

  • News

    IPE-QUEST: Norwegian insurer in real estate search

    2007-05-18T09:57:10Z

    [10:57 CEST 18/05] NORWAY – A Norwegian insurance company is looking for managers for a real estate portfolio in excess of $40m (€14.8m) using IPE-QUEST.

  • News

    Slovakia pension reforms may bring opt-outs

    2007-05-18T09:45:00Z

    SLOVAKIA – Changes to the first and second pillar of the Slovak pension system might soon allow people to opt-out of contributing to occupational pension schemes.

  • News

    Limit powers of Personal Accounts Board, stakeholders urge

    2007-05-17T16:05:23Z

    [17:04 CEST 17/05] UK – Stakeholders in the pensions industry want the authorities managing and setting up the individual accounts scheme in the UK to have a very focused and narrow remit, according to a study by the Pensions Policy Institute (PPI).

  • News

    Pegaso chooses TFR manager

    2007-05-17T16:01:12Z

    [17:01 CEST 17/05] ITALY – The €191m pension fund for Italian utility workers is one of the first to choose a manager for a yet unknown amount in TFR severance payments that will enter the fund from July.