Chair of governing board also rules out giving pension funds some of its profits
Coverage ratio down by four percentage points in third quarter, consultancy reports [updated]
Liquidity requirements could increase for some pension funds, according to Credit Suisse economists
Asteria Investment Managers created ‘from scratch’ to offer institutional investors wide range of impact investing products and strategies
BVK, the CHF33bn (€29.5bn) pension fund for the canton of Zurich, has taken on a company engagement case within Climate Action 100+
Swiss pension investor wants an actively managed fund for an emerging market debt investment, while Luxembourg’s pension reserve fund has tendered three passive mandates worth €5bn
Switzerland’s pension fund association and others have appealed to politicians for action after the central bank kept its policy rate at -0.75%
… Iceland, which narrowly beat Switzerland, according to Natixis Investment Managers’ annual Global Retirement Index
Complementa study also finds that pension funds will have to cut benefits to close the gap between required returns and forecast returns
Company pension schemes may need to use negative rates to discount liabilities – mean obligations could rise by around 15%
Dieter Stohler gave notice he would be leaving the CHF40bn public pension fund at the end of September next year, after almost nine years at the helm
Surveyed providers of 1e plans expect assets under management to grow from CHF3.8bn to CHF12.7bn over the next five years
Multi-stakeholder expert body recommends government set minimum accrual rate at 1%, 50 basis points higher than the level called for by Asip
Pension fund for city of Lucerne has funding in excess of 100%, while Lausanne’s coverage ratio was 64.2% in 2018, according to Avenir Suisse analysis
A total of $80m is up for grabs in two separate tenders being conducted by a Swiss consultant
The €29bn pension fund sees market volatility, declining sterling and the ability to settle transactions as big risks, and has analysed suppliers’ ability to continue through multiple Brexit scenarios
The unnamed pension fund is seeking bottom-up managers for a $5m-$10m mandate, while two more mandate searches are closing this week
The popularity of crowdlending is rising, but will it challenge the mainstream?
Pension funds are increasing their allocations to alternative and illiquid assets in a bid to boost flagging returns
New reforms to the first and second-pillar are due to be debated in parliament next year and implemented by 2022
Smaller pension funds do not necessarily have lower returns, according to PPCmetrics
Negative interest rates are making Swiss pension funds more expensive
The Swiss pension system needs reform but consent is needed in a federal referendum. Have politicians learnt from campaigning during the rejected Altervorsorge 2020 proposals?
The Swiss second pillar has become too complex and lost sight of its original principle of employer patronage towards employees
The globalisation of asset management means that Swiss managers have to broaden their product range and service different regulatory regimes
ESG is still an unpopular investment strategy in Switzerland. How will it overcome this lack of enthusiasm?
Swiss pension funds have coped well with the financial crisis, but appearances can be deceptive
Illiquid investments should appeal to pension funds because of their long-term benefits, but are opportunities equal?
Subscribe to the digital edition of IPE magazine to view the latest issue directly in your browser.
Describing himself as “the most senior elected Brit in Brussels” and speaking ahead of 29 March when he and the UK’s 72 other MEPs were set to relinquish their mandate in the European Parliament, Syed Kamall is keen to speak about matters other than Europe.
One of the knottier issues in Brussels at the moment is the future of the European supervisory authorities
At 49, Brian Hayes is young man by political standards. Having started in Irish politics early with his appointment to the Irish Senate in the mid 1990s, Hayes was elected to the Dáil, the lower house, before he was 30, taking a seat for the Fine Gail party.
Lieve Wierinck’s main political passion is ensuring the EU takes full practical advantage of Europe’s excellent scientific base
While he derives some satisfaction from advances in green energy and the like, Sven Giegold is unhappy that most global investment can still be classed as environmentally unsustainable.
Are non-peforming loans an investor’s dream come true? Or do they represent immeasurable risks?
Tensions are rising in Brussels as the EU institutional mandate approaches its end ahead of the Parliamentary elections in May 2019, and the Commission has already ceased issuing new proposals in the absence of legislative time.
The race is on to complete the EU’s flagship Capital Markets Union project before the mandates of the Commission and Parliament elapse next year
Another step by Brussels to ease financing to business across the EU comes with measures to facilitate the cross-border distribution of investment funds
PensionsEurope is concerned about a Brexit ‘no deal’ and is calling for negotiators to pay heed to the €3.54trn sector’s interests
Radical upgrades to the EU’s corporate tax base norms have never been so close to fruition
Europe’s asset management industry is lobbying against any mandatory guaranteed default option in the third-pillar PEPP proposal
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