All IPE articles in December 2005 (Online) – Page 3
-
News
UK actuarial standards board chair named
UK – Former Laurentian Financial Group chief executive Paul Seymour has been appointed chairman of the UK’s new actuarial standards board.
-
News
Alan Brown effect as Schroders revamps scheme
UK – The hand of former State Street Global Advisors’ chief investment officer Alan Brown can be seen in his new firm Schroders’ decision to dramatically revamp the asset allocation of its £465m (€688m) defined benefit pension fund.
-
News
OECD global pension forum postponed
GLOBAL – A forum on global pensions organized by the OECD and the new International Organisation of Pension Supervisors has been postponed.
-
News
Siemens hit by pension costs
GERMANY – Siemens AG has confirmed that its pension costs in its current business year may rise by 15% as a result of a reduction in its Rechnungszins – a figure used in calculating how pension obligations can be met.
-
News
Study finds pension funds are fickle
EUROPE – Pension funds are the most fickle of all European institutional investors when it comes to asset managers, according to a new study.
-
News
Aegon institutional chief joins board
NETHERLANDS – Aegon management board member Jan Overmeer is due to retire next year – to be replaced by corporate and institutional client chief executive Erik van Houwelingen.
-
News
Fortis to switch to ‘levensloop’
NETHERLANDS – Fortis Bank will switch its full pre-pension contributions to the new ‘levensloop’, or life course, scheme from 1 January.
-
News
Northern Trust names Dutch asset servicing sales head
UK – Northern Trust has appointed Eric Pouwels as the new head of asset servicing business development for the Dutch institutional market.
-
News
Decision due on unfunded pension accounting
GLOBAL – The way unfunded pension schemes are treated in national accounts is set to be resolved at a meeting in Frankfurt early next year.
-
News
Belgium hindering pan-European push, funds say
BELGIUM – The Belgian government is thwarting attempts to put the country at the forefront of pan-European pension funds, the national pension fund institution says.
-
News
Mercer names multi-management president
GLOBAL – Mercer has named Fidelity’s Phil de Cristo as president of its multi-manager arm Mercer Global Investments, a new role.
-
News
ECB warns of pension speculation amid low rates
EUROPE – The European Central Bank has warned that the current low interest rates may lead to “reckless or speculative” investing by pension funds.
-
News
GE’s Dutch scheme secretary Boesveld retires
NETHERLANDS – The €500m Dutch pension scheme of US industrial group General Electric has appointed former scheme director Jan Aerts as the new board secretary from January 1.
-
News
Janus names consultant relations director
GLOBAL - Janus Capital Group has named Brad Gillman as director of consultant relations at Janus Institutional Asset Management.
-
News
PME to decide on transfer to FTK
NETHERLANDS – PME, the €18.5bn industry wide pension fund for the mechanical and electrical engineering industries Metalektro, says it’s set to decide when to transfer to the new financial assessment framework, or FTK.
-
News
IPE-QUEST: European bank seeks Japan advisor
EUROPE – A European bank has tendered for a Japanese equities advisor via IPE-Quest.
-
News
New UK DB funding rules go to MPs
UK - New funding regulations for defined benefit pension schemes have gone to Parliament, the Pensions Regulator says.
-
News
FRR to hold private equity informational meeting
FRANCE – The Fonds de Réserve pour les Retraites, the French Pensions Reserve Fund, is to hold a meeting for asset managers later this month about its private equity RFP.
-
News
Fortis loses out to KAS at De Eendragt scheme
NETHERLANDS – Stichting Pensioenfonds De Eendragt, the €800m Dutch paper and graphics industry scheme, has chosen KAS Bank as its custodian.
-
News
Dutch schemes in deal with Altera Vastgoed
NETHERLANDS – The Stork and PNO Media pension funds are to transfer their €90m Dutch real estate portfolio to, and become shareholders in, real estate group Altera Vastgoed.
