Consolidation – Page 31
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News
Finland's Varma to take on healthcare pension
FINLAND – PlusTerveys, a private healthcare provider, is the latest company to transfer its pension provision to Varma Mutual Pension Insurance Company.
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Merging LGPS 'impossible' for governance reasons
[13:00 CET 12-01] UK – The case for merging the administration of the Local Government Pension Scheme (LGPS) is strong enough to overcome any minor obstacles, however the practicalities of consolidating the investment side would be “difficult if not impossible”, according to a former manager of two LGPS schemes.
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Nottinghamshire approves pension merger
[16:15 CEST 23-10] UK – Nottinghamshire County Council has approved the merger of its two local government pension funds (LGPS) following an additional report into the impact on contribution rates.
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Nottingham considers pension merger
[16:55 CEST 27-08] UK – Nottinghamshire County Council is considering a potential merger of its two Local Government Pension Scheme (LGPS) funds, ahead of the next triennial valuation in 2010.
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Consolidation stage set in Romania
ROMANIA – The Romanian pension market is set for consolidation within in its first full year of business, Simona Diţescu, CEO of BCR Administrare Fond de Pensii, has told IPE.
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€20bn scheme ‘eyes Irish pension pooling’
IRELAND – State Street says it has received enquiries from multinational corporations, some with pension assets of up to €20bn, about setting up a pension pooling deal in Ireland.
