The AHV fund is expected to run out of assets by 2030 due to Switzerland’s ageing population
€8.9trn of assets were managed in European-domiciled open-ended funds at the end of last year
Swiss pension fund is looking to allocate CHF350m
Plus: SBB’s Pensionskasse reports 2017 return above benchmark
Four months after the failed referendum on Swiss pension reform there is still disagreement on the next steps, writes Barbara Ottawa
Equities helped Zurich Pensionskasse return almost 200 basis points more than the market average
Conversion rate to be lowered, retirement age and employee contributions upped
Plus: Corporate pension plans’ funding nearly at 10-year highs
PKPost managing director resigned from Ethos board in protest at governance problems
Pension fund has $200m (€169m) developed market buyout mandate to award
Willis Towers Watson study shows pension benefit levels falling despite contributions increasing
Also: SEB Manager Research seeks firm to manage €200m large-cap European equities mandate
Plus: ERAFP tenders out €2bn currency hedging mandate
ABB’s pensions chief emphasises importance of technology, while Amundi explains outlook for real estate, private equity
BVK is already the biggest Swiss Pensionskasse by number of insured persons
Survey identifies international diversification and lack of investments in renewable energies as key factors
Denmark once again is the world’s best but several systems have seen ratings drop in the past 12 months
The Swiss public has rejected a complex reform package for the first and second pillar. What comes next?
Industry experts and groups offer analysis of the referendum and its consequences for the future of Swiss pension reform
Switzerland’s most vulnerable pension fund has been offered a CHF4.7bn bailout from its sponsor, the canton of Geneva
The Swiss government has decided against further reporting standardisation for Pensionskassen
Coverage ratios have improved but riskier investments mean some pension funds are vulnerable to market shocks
Pension funds seek the right risk-return balance in a low-interest-rate environment. Opportunities seem few and far between
The referendum in September will decide the fate of the Swiss pension reform package. Barbara Ottawa analyses the first stages of the political campaigns leading up to the vote
Lombard Odier Pension Fund has developed an innovative multi-asset approach based on absolute return and diversification
Pierre Spocci, director of the Istituto di Previdenza del Cantone Ticino, tells Carlo Svaluto Moreolo about the pension fund’s stable strategy
Best practice in governance has been shown to produce above-average investment returns, say Manuel Ammann and Christian Ehmann
What do Swiss pension funds do when risk budgets are stretched and diversification has failed? Barbara Ottawa reports
Subscribe to the digital edition of IPE magazine to view the latest issue directly in your browser.
As the risk of a no-deal Brexit comes into focus, attention is turning to ways to mitigate the damage across financial services, including asset management and pensions
The EU’s securitisation package has finally passed through the European Parliament and Council. However, the new rules will not be applied until January 2019
The EU’s controversial mandate for a radical shake up of financial supervision has received a cool reception from the pensions sector as well as smaller EU members
International investors in the EU have for decades been suffering from woeful dispute settlement proceedings when involved in cases against public authorities
Discussions over the payment of social costs for workers from central and eastern European countries posted temporarily to wealthier EU countries are playing a major role in the attempt to update existing directives
At first sight, the benefits of the European Commission’s Pan European Personal Pension (PEPP) regulation proposal seem clear. But it did not take long for commentators to point out the considerable hurdles
The European Commission’s “further steps to drive forward the Capital Markets Union (CMU)” outline nine new priority legislative actions to solve the EU’s long-term cross-border investment challenge
Strong words on Brexit are flying in political circles. But behind the theatre, concerns about the future of London’s fund management sector are emerging
In contrast to complaints that Brussels’s legislation burdens the financial sector, the European Commission may be gratified by the positive response to its flagship Capital Markets Union (CMU) programme.
Nothing could be clearer. For the financial sector, at least, there is nothing to fear from Brexit. All the UK has to do is to apply to the EU’s rules – the crucial term ‘equivalence’
The European Commission’s project to set up a pension scheme for research and development professionals whose careers take them across EU borders has finally reached its first stages of operation.
The prolongation for 18 months of pension funds’ exemption from posting collateral when trading over-the-counter (OTC) derivatives is leading PensionsEurope to seek clarification.
There is increasing attention in Brussels on company reporting, taxation and offshore financial centres. The G20 and some OECD countries have demanded country-by-country reporting rules for multinational companies with a turnover over €750m
Legislation proposing pan-EU personal pension products (PEPPs) could be tabled in 2017, according to the European Commission
A former director of the European Association of Paritarian Institutions (AEIP) has proposed a new option for occupational pensions that could help the large number of workers whose careers take them across EU internal borders.
Valdis Dombrovskis has assumed responsibility as commissioner in charge of the flagship Capital Markets Union project. But he has also assumed the added complication of the withdrawal of the UK
It will not be the first time that proposed revisions to EU rules affecting finance and pensions get stuck in a logjam between interests groups
Pressure to clean up the financial sector has led to copious legislation from Brussels.
There are plenty of indicators of rising pressure to advance ethical standards across the financial sector. One outcome takes the form of mountains of clean-up legislation, including from Brussels.
Inadequacy of European national court systems in the financial sphere is due for overhaul. Upgrade is necessary if the EU’s capital markets union programme (CMU) is going to get anywhere, according to a high-status paper