All IPE articles in December 2009 (Online) – Page 2

  • News

    Towers Watson merger gains EC clearance

    2009-12-04T15:00:00Z

    [16:00 CET 04-12] GLOBAL – Towers Perrin and Watson Wyatt have been given the final regulatory clearance needed to go ahead with merger plans from the beginning of next year.

  • News

    Investors call for climate change clarity ahead of Copenhagen Summit

    2009-12-04T15:30:00Z

    [16:30 CET 04-12] GLOBAL – Institutional investors are being encouraged to call on governments to deliver clarity on national climate change policies and transparency on market signals ahead of the COP 15 United Nations Climate Change Conference, or Copenhagen Summit, next week.

  • News

    Finland's Keva appoints new CEO

    2009-12-04T15:45:00Z

    [16:45 CET 04-12] FINLAND - The Local Government Pension Insitution (Keva) has appointed Merja Ailus as its new chief executive.

  • News

    Irish pension reforms may wait until 2014

    2009-12-04T15:55:00Z

    [16:55 CET 04-12] IRELAND – Mary Hanafin, minister of Irish social and family affairs, said the national pensions framework will be published in the next few months but admitted the implementation of Irish pension reforms could be delayed until 2014.

  • News

    Consultancy sees Pensionsfonds growth

    2009-12-04T16:05:00Z

    [17:05 CET 04-12] GERMANY – New accounting rules and a higher levy charged by Germany's PSV pension insolvency fund could boost interest in the creation of Pensionsfonds, according to Febs Consulting in Munich.

  • News

    Donner considers use of professional pension trustees

    2009-12-04T16:15:00Z

    [17:15 CET 04-12] NETHERLANDS - Social affairs minister Piet Hein Donner is considering whether to allow professional trustees to sit on Dutch pensions board or even make up the entire board to increase the expertise.

  • News

    Investors uncertain about private equity future

    2009-12-07T14:30:00Z

    [15:30 CET 07-12] The latest quarterly Global Private Equity Barometer from Coller Capital suggests European institutional investors have mixed feelings about the asset class. Half said they have an unfavourable view of private equity and few expect the bumper bull market returns to come back, but a big majority say ...

  • News

    First Quench heads for PPF assessment

    2009-12-07T14:30:00Z

    [15:30 CET 07-12] UK – The First Quench Pension Scheme is in the process of entering the Pension Protection Fund (PPF) assessment period, following the collapse of the sponsoring employer First Quench Retailing, formerly known as Threshers.

  • News

    UK roundup: Warwick University, Bangor University, Lloyds TSB

    2009-12-07T14:45:00Z

    [15:45 CET 07-12] UK – Warwick University, Bangor University and Lloyds Banking Group are the latest organisations to announce changes to their final salary pension schemes, in a bid to make them more sustainable.

  • News

    DB Advisors predicts interest rate and accounting change

    2009-12-07T15:00:00Z

    [16:00 CET 07-12] EUROPE – Georg Schuh, chief investment manager at DB Advisors, has sought to lift some of the worries that German pension have about their bond yields and predicted the US Federal Reserve will increase interest rates by next year.

  • News

    Pension funds weakened corporate recovery – Watson Wyatt

    2009-12-07T15:20:00Z

    [16:20 CET 07-12] UK - Deficits in final salary pension schemes are making it much harder for UK companies to restructure and prepare themselves for an economic recovery, according to research by Watson Wyatt and the UK employers organisation the CBI.

  • News

    Sweden’s AP funds should be merged - report

    2009-12-07T15:45:00Z

    [16:45 CET 07-12] SWEDEN - A report has been published by an independent think-tank from within the Swedish Ministry of Finance suggesting the country’s first four pension buffer funds should be merged into one, to achieve scale advantages and potentially boost assets by SEK1bn (€958m) annually.

  • News

    Strathclyde drops bonds managers for absolute returns

    2009-12-08T10:00:00Z

    [16:10 CET 07-12] UK – Glasgow City Council has replaced incumbent managers Henderson New Star and Western Asset Managers as holders of the Strathclyde Pension Fund’s bonds contracts, in favour of two new managers with absolute returns bond mandates.

  • News

    Buyout market yet to encourage return of Paternoster

    2009-12-08T12:00:00Z

    [13:00 CET 08-12] UK - Pensions buyout firm Paternoster is set to remain withdrawn from the market for the time being, according to chief Executive Ed Jervis, as market conditions are still insufficient to make the move worthwhile.

  • News

    Bavaria freezes contribution to public pension fund

    2009-12-08T12:30:00Z

    [13:30 CET 08-12] GERMANY – The Bavarian regional government is freezing the contributions to its public fund for civil servants instead of paying a promised €35m lift next year, on the back of the financial crisis.

  • News

    Neste Oil to transfer pension to Ilmarinen

    2009-12-08T14:00:00Z

    [15:00 CET 08-12] FINLAND – The Neste Oil pension fund is employing its larger pensions colleague Ilmarinen Mutual Pensions Insurance Company to manage its statutory occupational pensions and portfolio from next year.

  • News

    PKA faces sanction over undisclosed shareholdings

    2009-12-08T15:00:00Z

    [16:00 CET 08-12] DENMARK - The Danish financial regulator has reported pensions provider PKA to the police for repeatedly failing to disclose holding large stakes in companies that were above legal limits.

  • News

    G4S pension to get fiduciary management treatment

    2009-12-08T15:15:00Z

    [16:15 CET 08-12] UK – Trustees of the G4S pension schemes have appointed Cardano UK to deliver its version of fiduciary management, known as Solvency Management, to the GSL part of its pension arrangements.

  • News

    Wednesday people roundup

    2009-12-09T13:00:00Z

    [14:00 CET 09-12] GLOBAL – Finansinspektionen, New Finance Capital, Cheyne Capital, BNY Mellon, Hermes, PensionsFirst, Finance Capital Partners, Invista Real Estate

  • News

    ÖPAG expects 9% return for 2009

    2009-12-09T15:00:00Z

    [16:00 CET 09-12] AUSTRIA – The second-largest Austrian Pensionskasse, ÖPAG, will outperform the market average this year, according to Andreas Zakostelsky, head of the Vorsorge Holding.