All Features articles – Page 610
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Features
The tangled birth of the French pension fund system
The new law has passed most legal hurdles, but is the demand really there? Gilles Pouzin reportsSocial unrest has not stopped the introduction of France’s new private retirement system, but the new law has not yet won its battle either. After its second parliamentary approval on February 20, the pension ...
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Features
Unison uncertainty as brokers merge
The future of the Unison consultancy network is in jeopardy as a result of merger plans between US in-surance giant, Marsh & McLennan - parent company of William Mercer - and Johnson & Higgins (J&H), the core of the Unison employee benefits network.The Unison network covers insurance broking as well ...
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Features
Survey understates use of outside custodians in UK
The major recent survey by the National Association of Pensions Funds found that only 75% of 600 or so UK private sector schemes responding used an outside custodian. Among public authority schemes only 61% of the 56 schemes used outside custodians.But the NAPF believes these responses understate the true position ...
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Features
Hermes descends from the heights
Alastair Ross Goobey explains how the UK’s biggest pension fund will grow its investment services on the back of the defined contribution market. Fennell Betson reportsHermes is on the cusp of a momentous next stage in its development. As the UK’s largest pension fund, it is about to take the ...
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Features
Overweight in European equities
The probability that the Fed will raise rates has increased due to unexpectedly strong growth momentum in the US. Not surprisingly, this is to some extent reflected in current US bond prices. This plus decreasing earnings momentum and a stronger dollar put a drag on the US equity market. European ...
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Features
Luxembourg to launch 'European pension fund'
The wraps were taken off the European pension fund made in Luxembourg last month by Lucien Thiel of the Luxembourg Bankers’ Association.The fund would be designed for European companies that want to have “a single pension scheme with common rules for all their employees in different EMU member states” said ...
