All articles by Barbara Ottawa – Page 94

  • News

    Irish managed funds down 3.3% in Q3

    2007-10-04T13:56:00Z

    [15:30 CEST 04-10] IRELAND – Managed pension funds reported an average third-quarter decline of 3.3%, according to a report by Rubicon Investment Consulting.

  • News

    Conference told of IORP problems for CEE states

    2007-10-04T08:51:00Z

    [14:00 CEST 04-10] HUNGARY – The EU pension directive is having more of a negative than a positive affect on the pension systems of central and eastern European (CEE) countries, a conference in London's Chatham House was told.

  • News

    Pioneer soaks up Capitalia assets

    2007-10-03T14:47:00Z

    [16:30 CEST 03-10] ITALY – Pioneer, the asset management arm of the UniCredit group, will grow its assets under management by €30bn following the merger with Capitalia.

  • News

    Irish DB closure total triples

    2007-10-03T13:54:00Z

    [16:00 CEST 03-10] IRELAND – The number of employers that have closed their defined benefit schemes has risen from 12% to 39% in the last five years, a new study commissioned by the Irish Association of Pension Funds (IAPF) reveals.

  • News

    AP2 outperforms by 18.7% in Swedish equities

    2007-10-03T13:17:00Z

    [16:00 CEST 03-10] SWEDEN – The domestic equities portfolio of the second Swedish buffer fund AP2 has outperformed its benchmark by 18.7% over the past five years.

  • News

    IPE-QUEST: $50m UK large cap equity mandate

    2007-10-03T11:48:00Z

    [12:00 CEST 03-10] UK – A private bank based in the UK is looking for a manager for a domestic active large cap core mandate using IPE Quest.

  • News

    Swiss newspaper apologises over Swissfirst scandal

    2007-10-02T14:42:00Z

    [17:00 CEST 02-10] SWITZERLAND – The Swiss tabloid 'Blick' has apologised to Jürg Maurer, head of investments at Rieter Pensionskasse, for the way it portrayed him in its coverage of the Swissfirst scandal.

  • News

    Decline in confidence ups UK scheme surpluses - Aon

    2007-10-02T14:12:00Z

    [17:00 CEST 02-10] UK – Recent market turbulence and the subsequent decline in confidence in the UK banking sector have helped to improve pension fund surpluses – at least on paper, Aon Consulting claims.

  • News

    DWP clarifies section 75, issues new consultation

    2007-10-02T12:51:00Z

    [17:00 CEST 02-10] UK – The Department of Work and Pensions (DWP) has clarified that triggering employer debt is only intended to prevent scheme abandonment.

  • News

    Carnegie faces losing its licence

    2007-10-02T12:29:00Z

    [17:00 CEST 02-10] SWEDEN – The financial regulator Finansinspektionen (FI) has called on Stockholm-based Carnegie bank to replace its chief executive.

  • News

    European Parliament hires Aon for controversial second study

    2007-10-02T11:21:00Z

    [17:00 CEST 02-10] EUROPE – The European Parliament will pay Aon Consulting €36,000 for a full actuarial study of the voluntary supplementary pension fund for MEPs.

  • News

    Shell to take contributions holiday

    2007-10-01T16:00:00Z

    [17:00 CEST 01-10] UK – Trustees of oil company Shell's UK pension plan have agreed to stop company contributions for the time being.

  • News

    Severance pay for self-employed

    2007-10-01T14:00:00Z

    [15:00 CEST 01-10] AUSTRIA – Approximately 500,000 self-employed people will be granted access to the severance pay funds from next year.

  • News

    UBS changes top team and cuts 1500 jobs

    2007-10-01T13:00:00Z

    [14:00 CEST 01-10] SWITZERLAND – UBS has announced a major reshuffle of its senior management following the recent market turbulence.

  • Features

    Adding extra alternatives

    October 2007 (Magazine)

    Public Pensionskassen are following the lead set by their private counterparts, Barbara Ottawa discovers

  • Features

    Taking stock of a buoyant market

    October 2007 (Magazine)

    Barbara Ottawa finds that even a market fall has not deterred Pensionskassen from moving away from bonds and further into equities

  • News

    Pension reform unnecessary, says one half of gov’t

    2007-09-27T10:00:00Z

    [11:00 CEST 27-09] AUSTRIA - The government coalition is split over a decision by the pension commission stating no reform of the retirement system is currently necessary.

  • News

    PPF 'discourages' DB schemes, argues lawyer

    2007-09-21T12:00:00Z

    [13:00 CEST 21-09] UK – Strong pension plan sponsors have issues with current regulations surrounding the Pension Protection Fund (PPF), an NAPF seminar heard.

  • News

    Berkshire trades direct property for fund

    2007-09-21T10:00:00Z

    [11:00 CEST 21-09] UK - The £1.4bn (€2.1bn) Berkshire pension fund has made a £15m investment into BlackRock's UK property fund.

  • News

    PZU sells Lithuanian pension fund operations

    2007-09-20T14:45:00Z

    [15:45 CEST 20-09] LITHUANIA – Polish insurance group PZU is selling its Lithuanian pension fund management operations to investment bank Finasta.