All Features articles – Page 264
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Features
Taking centre stage in Europe
With the new year, the rewriting of the rules governing the single currency takes centre stage in the pension debate, with a number of member states clamouring that they should be given more time to get their public pension systems in order. Also, the European Parliamentary Pension Forum (EPPF), initially ...
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Features
Facing a climate of change
Much has been written and spoken about the EU Directive, which must be implemented in EU national laws by 23 September 2005. Some see it as having insignificant impact and others believe that it will be a catalyst for major change for pensions throughout the EU. Implementation of the directive ...
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Features
Finland faces tough choices
The Finnish government has been urged to usher in more politically difficult pension reform measures to make its finances sustainable. The “political arithmetic” suggests there may be dangers in waiting too long, a new report warns. It comes as it appears that the initial response to a new flexible retirement ...
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Features
Extending the golden circle
The pension assets of US multinational Hewlett Packard (HP) – some $5.9bn (e4.6bn) in total (ex-US) at the end of last year – are treated with special care. The backdrop, as can be found elsewhere, is a policy of taking greater control from the centre. The ‘Golden Circle’, the inner ...
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Features
Reality of funds moves closer
Otto von Bismarck, first Chancellor of the German empire and ‘founder’ of the social security system in the second half of the 19th century, used to compare laws to sausages because for both he said: “It is better not to see them being made.” In today’s political and regulatory environment, ...
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Features
Heading for a crowded retirement
What was your first full-time job – and do you remember what you were paid at the time? My first job, in 1966, after I graduated in law from the University of Copenhagen and completed my military service was in the education ministry working on higher education planning. It was ...
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Features
Custody market on the move
If the past few months are anything to go by, the French securities services market should prove to be one to watch this year. The large domestic players and overseas banks are positioning themselves to take advantage of what they regard as a market of significant potential growth. In December ...
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Features
On fait des progrès
New energy, new sophistication and, not least, new money. France is gradually shedding its image as a land of relatively limited opportunity for institutional asset managers. This gathered pace last year with the issue of mandates worth E16bn by the Fonds de Réserve pour les Retraites (FRR), the first of ...
