All articles by Daniel Brooksbank – Page 198
-
News
New UK regulator to build pension database
UK – The successor to the Occupational Pensions Regulatory Authority is to build a comprehensive regulatory database of the UK’s 100,000 pension schemes.
-
News
France, Germany, UK ministers back pension reform
EUROPE – The finance ministers of France, Germany and the UK have made a joint statement about the need to reform pension systems.
-
News
IMF says Lithuanian pension system “unsustainable”
LITHUANIA – The International Monetary Fund says Lithuania’s current pension system is unsustainable and that meaningful reform has been postponed.
-
News
Hewitt completes purchase of NTRC
US – Hewitt Associates has completed its previously announced acquisition of Northern Trust Retirement Consulting.
-
News
Fund managers focus on corporate pensions
GLOBAL – Fund managers want companies to improve their balance sheets by topping up their pension schemes and repaying debt, according to a new survey by Merrill Lynch.
-
News
AP1 widens consultant remit to include ALM
SWEDEN – The 12.8-billion euro Swedish national pension scheme AP1 is looking for a consultant who can offer asset liability modelling, manager selection and evaluation.
-
News
Finland’s Varma-Sampo names new CEO
FINLAND – Varma-Sampo Mutual Pension Insurance Co. says Matti Vuoria will take over as chief executive when Paava Pitkanen retires.
-
News
EAMA and FEFSI see merger by year-end
EUROPE – The European Asset Management Association and the Fédération Européenne des Fonds et Sociétés d’Investissement expect their merger to take place by the end of the year.
-
News
CAPS adds Inalytics transaction cost analysis
UK - Institutional investment information firm Russell/Mellon CAPS has signed a distribution deal for transaction cost analysis with Inalytics.
-
News
UK names new pensions minister
UK – The government has named Malcolm Wicks as its new pensions minister, filling a post that had been vacant since the departure of Ian McCartney.
-
News
PGGM promotes finance chief van de Kieft to board
NETHERLANDS – The 44.5 billion euro Dutch healthcare and social service pension fund PGGM has appointed finance director Rene van de Kieft to its board, in a bid to make the finance function more accountable.
-
News
SOBI expects to win Akzo pension case
NETHERLANDS – Dutch shareholder activist group SOBI says it expects to win its court case against Akzo Nobel over pensions accounting.
-
News
UBS sees UK pension assets growing rapidly
UK – UBS Global Asset Management reckons UK pension assets will grow to 1.4 trillion pounds (1.98 trillion euros) by the end of 2012 – saying there a number of trends that point to “rapid future growth”.
-
News
Watson Wyatt names Renwick as senior consultant
UK - Watson Wyatt has named Graham Renwick as a senior consultant in its benefits practice.
-
News
Pension funds “natural” investors in German roads
GERMANY – Pension funds are “natural” investors in German road-building projects, according to a new report by Deutsche Bank – though it admits it may be hard to attract international institutions.
-
News
JLT wins Tibbett & Britten pensions outsourcing
UK - Logistics firm Tibbett & Britten Group has outsourced its pension administration to Jardine Lloyd Thompson in a move that will see some of its staff transfer to JLT.
-
News
Receiver KPMG backs UK pension proposals
UK – KPMG, which is acting as receiver at the failed ASW Holdings – whose pensioners have lost out following the winding up of its pension scheme – has backed the government’s plans to set up a pension protection fund.
-
News
Greece needs to do more on ageing – IMF
GREECE – A new report from the International Monetary Fund says Greece needs to do more to deal the costs of population ageing.
-
News
Akzo Nobel in court over pension accounting
NETHERLANDS – Dutch shareholder activist group SOBI has taken Akzo Nobel to court over its pension accounting – though the chemicals and drugs company rejects the charge.
-
News
Petroleum Fund issues US equity mandates
NORWAY – Norges Bank Investment Management, which runs the 682.0 billion Norwegian crown (86.5 billion euro) Petroleum Fund on behalf of the Norwegian government, has issued new external active US equity mandates.
