All IPE articles in December 2008 (Online) – Page 4

  • No stays as 'no' on conditional indexation
    News

    No stays as 'no' on conditional indexation

    2008-12-11T15:45:00Z

    UK – The UK’s Department for Work and Pensions has said it believe there is sufficient benefit in allowing occupational pension funds to apply conditional indexation but it will do further work next year into the feasibility of introducing collective DC schemes and risk sharing.

  • Pensions forum: Supporting struggling economies and firms
    News

    Pensions forum: Supporting struggling economies and firms

    2008-12-11T10:00:00Z

    [11:00 CET 11-12] EUROPE – The impact of the credit crunch and the resulting market volatility on financial institutions, in particular banks, has led a number of countries, and institutions to look to pension funds to bail them out, but do schemes agree?

  • Pensionskassen could be reformed
    News

    Pensionskassen could be reformed

    2008-12-10T16:15:00Z

    [17:15 CET 10-12] AUSTRIA – The new Austrian government coalition has signed a working paper which contains plans to discuss reform of the Pensionskassen system in Austria.

  • APG eyes European pension assets
    News

    APG eyes European pension assets

    2008-12-10T16:10:00Z

    [17:10 CET 10-12] EUROPE – Pension provider and asset manager APG Group is continuing its push for expansion abroad in 2009, focusing on developed European markets, according to director of pension administration Jaap Maassen.

  • Wednesday people roundup
    News

    Wednesday people roundup

    2008-12-10T16:05:00Z

    [17:05 CET 10-12] GLOBAL – People roundup: UBS, Putnam, T. Rowe Price, Axa IM, First Private, Jyske Invest, Laven Partners.

  • Mercer to help drive Nissan’s pensions strategy
    News

    Mercer to help drive Nissan’s pensions strategy

    2008-12-10T16:00:00Z

    [17:00 CET 10-12] GLOBAL - Mercer, the consultancy firm, has been appointed by car manufacturer Nissan Motors to be its global retirement consultant.

  • Call for attention on default options
    News

    Call for attention on default options

    2008-12-10T15:45:00Z

    [16:45 CET 10-12] EUROPE –Executives and trustees of defined contribution pension schemes are being advised to pay closer attention to the ‘default’ option of their investment choices and ensure the offering is suited to the needs of members.

  • Central control over HR key to mobile pensions
    News

    Central control over HR key to mobile pensions

    2008-12-10T15:30:00Z

    [16:30 CET 10-12] GLOBAL - Multi-national firms offering mobile employees some form of international pension arrangements to mobile workers effectively have to rein in the promises HR departments may make when travelling from one location to another, suggest an official at mining giant Rio Tinto.

  • BP scheme goes ALM
    News

    BP scheme goes ALM

    2008-12-10T14:50:00Z

    [15:50 CET 10-12] UK – The £18bn (€20.6bn) UK pension fund of oil giant BP will embark on its first asset liability modelling review of scheme investments and funding, Sally Bridgeland, chief executive of PB Pension Trustees, has revealed.

  • Listed firms may need to plug deficits
    News

    Listed firms may need to plug deficits

    2008-12-10T14:45:00Z

    [15:45 CET 10-12] NETHERLANDS - Listed companies with defined benefit pension arrangements may have to fork out millions of euros to make up for the present shortfall of their company schemes, analysis by SNS Securities has suggested.

  • Employers promise to pay existing contributions - DWP
    News

    Employers promise to pay existing contributions - DWP

    2008-12-09T16:10:00Z

    [17:10 CET 09-12] UK – Employers are likely to maintain a pension funding level of approximately 8% once personal accounts are introduced in 2012, suggests research unveiled today by the Department for Work and Pensions.

  • Pension trustees caught in funding dilemmas
    News

    Pension trustees caught in funding dilemmas

    2008-12-09T15:45:00Z

    [16:45 CET 09-12] UK – Pension fund trustees are being advised to review employer covenants, investigate the sponsor’s current financial status and begin future funding negotiations as soon as possible, as Aon Consulting is hearing evidence of employers stating they cannot afford to pay existing funding needs.

  • EC mulls short-selling ban
    News

    EC mulls short-selling ban

    2008-12-09T15:20:00Z

    [16:20 CET 09-12] EUROPE – Niall Bohan, the head of the asset management unit at the European Commission (EC), today revealed the EC is reviewing short-selling and looking at possible bans on the practice, while seeking to organise stock-lending.

  • 'Cherish and embrace' activist shareholders
    News

    'Cherish and embrace' activist shareholders

    2008-12-09T15:10:00Z

    [16:10 CET 09-12] EUROPE – Shareholder activism is an incentive to better governance and value creation which should be “cherished and embraced”, a panel discussion on hedge funds in London stressed today.

  • Voluntary retirement confusion forces French law change
    News

    Voluntary retirement confusion forces French law change

    2008-12-09T15:00:00Z

    [16:00 CET 09-12] FRANCE – The French government is expected to announced adjustments to a new law covering voluntary retirement, following confusion over indemnities payable by employers.

  • Quest for global developed markets debt
    News

    Quest for global developed markets debt

    2008-12-09T14:50:00Z

    [15:50 CET 09-12] UK – A UK-based investment consultancy company has said it is looking for a manager to manage a $1bn (€780m) global developed market debt investment grade mandate, using IPE quest.

  • Pensionskassen called on to split active/ retired members
    News

    Pensionskassen called on to split active/ retired members

    2008-12-09T14:45:00Z

    [15:45 CET 09-12] AUSTRIA – The Austrian Private Equity and Venture Capital Organisation (AVCO) has called on pensionskassen to split their active and passive members as officials argue sharing the same portfolio is an obstacle to investing in venture capital.

  • Pension fund investors could help the crisis – Mn
    News

    Pension fund investors could help the crisis – Mn

    2008-12-09T14:30:00Z

    [15:30 CET 09-12] EUROPE – A Dutch asset management firm has called on regulatory authorities to allow pensions funds to focus less on funding ratios and permit investments which improve corporate debt liquidity.

  • Second BA deal under threat over pension scheme
    News

    Second BA deal under threat over pension scheme

    2008-12-08T16:25:00Z

    [17:25 CET 08-12] GLOBAL – Australian airline Quantas today identified problems connected to British Airways’ pension fund as one of the “significant matters” that still need to be resolved before a merger with BA can be achieved.

  • 1 in 5 pension providers still not SRI-proof
    News

    1 in 5 pension providers still not SRI-proof

    2008-12-08T16:20:00Z

    [17:20 CET 08-12] NETHERLANDS – Over 20% of Dutch pension funds and pension insurers have yet to make any effort to develop a socially-responsible investment (SRI) policy, according to the Association of Investors in Sustainable Development (VBDO).