All Features articles – Page 389
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Features
Battle for soul of directive
That the Spanish delegation to the European council working group on the pensions directive is trying to introduce quantitative rules has caused a bit of an uproar in Brussels. Those proposing the changes are silent while those opposing them are defending the parliament’s espousal of the prudent man principle. Ironically ...
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Features
Poland sets a challenge for EU expansion
Poland is by far the largest of the first wave of EU enlargement countries. Of the 10 candidate countries likely to enter the EU next, Poland’s population of 38.5m citizens outnumbers the 36m of the other nine nations and its own GDP is only slightly smaller than their combined GDPs. ...
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Features
Risk management challenges facing global players
Risk in investment is getting into the news rather more in the present decade. The obvious stimulus to this attention is that investment markets are producing poor returns (risk is seen as dull in bull markets), but we can cite three new factors at work in addition to this. o ...
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Features
Individual investment choice under discussion
Employees of Austrian companies have two routes into defined contribution (DC) schemes: through an insurance contract or through a pensions fund contract. Before the introduction of the Pensionskassen system in 1990, the insurance route was the only one open to an employee. The employer takes out what is effectively a ...
