All articles by Barbara Ottawa – Page 96

  • News

    Companies prioritise DB over DC - Hewitt

    2007-09-11T12:00:00Z

    [13:00 CEST 11-09] UK – Members of defined contribution schemes are missing out on up to 70% additional retirement income because of lack of efficiency in administration, Hewitt said.

  • News

    USS strengthens alternatives team

    2007-09-10T15:45:00Z

    [16:45 CEST 10-09] UK – The £30bn (€44.2bn) Universities Superannuation Scheme has hired from Railpen Investments (RPMI) and private equity firm Klesch & Company Limited.

  • News

    Resolution and Friends change merger deal

    2007-09-10T15:30:00Z

    [16:30 CEST 10-09] UK – Resolution and Friends Provident have changed the shareholder agreement required for the merger of the two life insurance groups and this might make it more difficult for rival bidders, analysts say.

  • News

    Czech welfare tax could go to voluntary funds

    2007-09-10T13:30:00Z

    [14:30 CEST 10-09] CZECH REPUBLIC ­ - Labour and Social Affairs Minister Petr Necas is seeking pension reforms which would allow employees to re-direct part of their national insurance contributions into voluntary pension funds.

  • News

    Norwegian government fund tenders for auditor

    2007-09-10T13:00:00Z

    [14:00 CEST 10-09] NORWAY – The NOK110bn (€14bn) national insurance fund is tendering for auditing services.

  • News

    Swedish funds get green light despite increased risk

    2007-09-07T15:30:00Z

    [16:30 CEST 07-09] SWEDEN – All insurance companies including pension funds are in the green under the Swedish traffic light system, supervisor Finansinpektionen (FI) has announced.

  • News

    Analysts "cautiously optimistic" on Swiss fund rescue plan

    2007-09-07T11:00:00Z

    [12:00 CEST 07-09] SWITZERLAND – The pension fund of the Swiss city of Lausanne saw its cover ratio increase from 44.2 % to 45.4% over the last year as structural changes decided in 2004 began to take full effect.

  • News

    Hewitt signs Strathclyde man

    2007-09-06T15:50:00Z

    [16:50 CEST 06-09] UK – David Crum left the £9.8bn (€14.5bn) Strathclyde pension fund and will be joining consulting firm Hewitt.

  • News

    Fortis hires CSR experts

    2007-09-06T14:30:00Z

    [15:30 CEST 06-09] GLOBAL – Banking and insurance group Fortis has created a corporate social responsibility (CSR) advisory board made up of seven international experts.

  • News

    NTGI introduces int'l CIO

    2007-09-06T14:00:00Z

    [15:00 CEST 06-09] GLOBAL – Wayne Bowers has been promoted to chief investment officer for the EMEA and Asia-Pacific regions at Northern Trust Global Investments (NTGI) Ltd.

  • News

    Big is beautiful for governance - Watson Wyatt

    2007-09-06T11:00:00Z

    [12:00 CEST 06-09] GLOBAL – Assets in the world's 300 largest pension funds exceeded the $10trn (€7.4trn) mark last year, consulting firm Watson Wyatt has found.

  • News

    Irish equity drags down pension funds

    2007-09-05T15:30:00Z

    [16:30 CEST 05-09] IRELAND – Irish managed pension funds reported negative returns of -0.6% for the month of August.

  • News

    Capita enters annuity market with purchase

    2007-09-05T15:00:00Z

    [16:00 CEST 05-09] UK – Pension administration provider Capita Hartshead has acquired pension consultant and service provider Higham Dunnett Shaw.

  • News

    Scandal-hit PZU gets new CEO

    2007-09-04T15:45:00Z

    [16:45 CEST 04-09] POLAND – Agata Rowinska has today been appointed by the Treasury as new chief executive to the Polish insurance giant PZU.

  • News

    FRR reappoints State Street

    2007-09-04T15:45:00Z

    [16:45 CEST 04-09] FRANCE – The €33.4bn Fonds de Réserve pour les Retraites (FRR) has concluded its search for a currency overlay manager.

  • News

    Nordic market growth increases pressure - Nordea

    2007-09-04T15:00:00Z

    [16:00 CEST 04-09] NORDICS – Economists at asset manager and banking group Nordea are warning it may be "time to pull the brakes" as economic conditions in some Nordic countries are now reported to be "running at full capacity".

  • News

    One in four not saving for retirement

    2007-09-04T14:45:00Z

    [15:45 CEST 04-09] UK – Britons are worried about their retirement income but the number of people without any pension provision is actually increasing, Alliance Trust research suggests.

  • News

    AP7 outperforms benchmark in H1

    2007-09-03T15:30:00Z

    [16:30 CEST 03-09] SWEDEN – The Swedish default fund for the Premium Pension System managed by AP7 returned 9.6% in the first half of 2007.

  • News

    Analysts "cautious" about Storebrand's Swedish push

    2007-09-03T15:30:00Z

    [16:30 CEST 03-09] NORDICS – Norwegian life insurer Storebrand is to buy Swedish Handelsbanken's occupational pension branch SPP for SEK18bn (€1.9bn).

  • News

    Greater Manchester fund tenders property valuation

    2007-09-03T15:30:00Z

    [16:30 CEST 03-09] UK – The £9.5bn (€14bn) Greater Manchester Pension Fund is reviewing Colliers CRE as the independent valuer for its property portfolio.