Defined contribution – Page 26
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NewsPhilips pension fund caps indexation at 4% to protect buffer
The move can assist the scheme of the Dutch electronics firm to make the transition to the new DC system with a funding ratio of at least 110%
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NewsPGB to minimise solidarity aspect in new Dutch DC system
The Dutch multi-sector scheme will limit the solidarity buffer to the legally required minimum of 5%, while not offering a risk-sharing buffer in its flexible DC arrangement
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NewsClosed Dutch Unilever fund to continue DB arrangement
Univest, the investment vehicle for all global Unilever pension schemes, will hand over two bond mandates to external managers
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NewsUK master trusts don’t survey members on risk appetite
‘Risk considerations are not driven by member views but by expert opinion,’ says Hymans Robertson
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NewsNew PPF proposals would represent ‘seismic changes’ to UK pensions landscape
Plans would mean ‘struggling’ DB schemes could choose to opt-in to the Pension Protection Fund
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NewsDutch pension providers welcome additional year for DC implementation
Dutch social partners had spoken out against any delays beyond 2027, but now say they can live with the postponement
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NewsFresh delay to Dutch pension reform
Pensions minister Carola Schouten has offered a one-year extension to the implementation period in order to secure a Senate majority for the DC transition
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NewsSweden’s premium pension tenders to kick off with European large-cap equity
Fund Selection Agency announces asset category of first tender, says deadline will be end of August
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Country Report
UK: One way for DC schemes to access private markets
There is much debate about mark-to-model valuation methodologies and whether a material economic downturn will cause these to catch up with public market price falls, but the history books will show that portfolios with allocations to private markets were more robust than those with none in 2022 – the worst year on record for traditional balanced portfolios.
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Opinion PiecesCDC: finally off the starting blocks
The Pensions Regulator (TPR) last month approved the Royal Mail Collective Pension Plan as the first registered collective defined contribution (CDC) scheme in the UK
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Country ReportUK: DC investment won't be a panacea for tech and science
The UK government’s March Budget contained plans to boost investment in high-growth industries such as digital, life sciences and advanced manufacturing, so they can start, scale up and remain in the UK.
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Country ReportUK: Schemes must prioritise members
Pension funds are encouraged to invest in UK illiquids, but it cannot come at any cost
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NewsGerman government plans to broaden social partner pension model
Plans will enable workers not represented by a union and smaller firms to join pension agreements
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NewsPensionsEurope Conference: Risk management in time of transition
The move from DB to DC schemes, and a renewed emphasis on ESG, lead to a rethink in governance and investments
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Opinion PiecesViewpoint: A landmark moment for British pensions
What is it the British pension savers want, and until now have been denied in private sector pensions?
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NewsFuture of UK pensions ‘looks risky’, says IFS as Pensions Review is launched
The Pensions Review will produce a series of detailed reports over the next two years on these challenges facing future generations of pensioners
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NewsAlecta makes positive return in Q1 despite US bank losses
Financial position deteriorated between January and March but still good, says troubled Swedish pensions firm
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NewsUK government pushes for wider CDC schemes as regulator approves Royal Mail as first
Aon calls for regulations to be in place for wider forms of CDC by the end of 2024
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Country ReportNetherlands: Interview with Agnes Joseph
The current timetable leaves no margin for error, Achmea’s Agnes Joseph tells Tjibbe Hoekstra
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Country ReportNetherlands: Pension overhaul nears another milestone
The law to reform Dutch pensions has finally been approved by the Dutch lower house, but the switch from DB to DC still needs to clear one hurdle – the Senate
