Fees & Costs – Page 13
-
NewsEIOPA opines on IORP cost reporting, DC scheme risk management
IORP II-related opinions aimed at enhancing supervisory convergence, feedback invited
-
News
Direct real estate prices to drop by 25%, says DNB
DNB’s expectation of a price decline between 11% and 34% is based on the sharp drop in market liquidity within private markets for commercial real estate
-
News
Dutch pension funds not transparent enough on costs – regulator
54% of pension funds provided incorrect or incomplete cost figures, AFM found
-
NewsFRR reports 1% performance for 2020 as withdrawals weigh
French reserve fund says performance was affected by ‘prudent bias’ given exceptional withdrawals
-
NewsPension tax nets Danish state twice as much as oil, says IPD
Lobby group says pension return tax produced €6.5bn in revenues for the government last year
-
NewsDanish pensions lobby says EIOPA’s Solvency II proposals go too far
InsuranceEurope says the consequences of EU regulatory plans are not justified
-
NewsGabler sees more Norwegian local councils mulling own pension fund
Some pension funds succeeding with rebalancing strategies, says Holvik
-
News
Ahold Delhaize chooses Achmea IM as new fiduciary
In 2019, Ahold Delhaize Pensioen paid €8.5m in fees to external managers, while paying another €1.2m to AXA IM for its fiduciary services
-
News
AP1’s new CEO applauds team’s gutsy mindset
Swedish pensions buffer fund matches AP3’s return and narrowly beats AP4 in 2020 with 9.7% gain
-
NewsMost tax reforms can cause significant cost for employers, schemes, PLSA warns
Some experts believe a reform of this magnitude would result in the ‘end of defined benefit provision in the private sector’
-
News
IASB to seek views on future workplan; FRC sets out budget, priorities
The FRC said its projected spend for the coming year amounts to £52.2m (€60.7m). DB schemes are expected to contribute £1.2m under the pension scheme levy
-
News
Dutch pension fund proposes pooling grandfathered pension rights
PGB’s proposal was introduced in its response to the consultation on the new Dutch pension law, which cements a transition from DB to DC arrangements
-
News
British Airways defers £450m in contributions
The deferral will be backed by security granted by BA over specified property assets
-
News
UK roundup: £1trn of DB pension risk to be insured by 2031, says Hymans
Plus: Graphic Packaging International switches fiduciary manager; BlackRock LTPC to acquire pensions software provider
-
News
Universities scheme eyes ABS debut amid in-house fixed income boost
‘We are taking more of these mandates in house which means we are able to do more to invest the scheme’s assets at a lower cost than paying an external manager’
-
NewsNorway’s SWF has half the outperformance of peers, government told
Oil fund has far lower investment costs than other large pension funds, report shows, according to CEM Benchmarking
-
News
Trustees are lowest paid in pension scheme management: PwC survey
The average pay of a trustee who is not a board chair, but is likely to have additional responsibilities such as chairing a sub-committee, is £30,000 a year
-
News
Aberdeen City Council completes buy-in transaction with Rothesay
The transaction will insure the pension payments of 1,360 retired FirstGroup employees
-
NewsABP calls for change to funding ratio calculation to prevent pension cuts
Social Affairs Minister Wouter Koolmees’ expectation that ‘an average pension fund’ will not have to cut pensions until 2026 ‘is too optimistic’
-
NewsRecord contribution hikes for Dutch pension funds
‘If accumulation falls to close to 1%, the pension ambition of 75% of average wages will no longer be achievable’
