All articles by Fennell Betson – Page 34
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Features
Pension funds test asset limits
The Danish system of pension investment limits is under pressure from an unusual quarter. A 30% rise in the value of the Copenhagen Stock Exchange has created problems for two of the largest public sector pensions funds. ATP (Arbejdsmarkedet Tillaegspension) and LD (Lomodtagernes Dyrtidsfond) have found themselves close to the ...
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Features
Comparing plan values
Is it possible to compare different employers’ pension plans? Buck Consultants in Geneva certainly thinks so and has devised for the Swiss market a method of calculating a ‘technical value’ for each employer’s plan. The exercise was based on a database consisting mainly of internation-al companies operating in Switzerland.We have ...
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Features
TeleDanmark
With assets of around Dkr18bn ($12.1bn), the TeleDanmark pension scheme is a giant that dominates the corporate pension provision landscape in Denmark. The scheme was long established as part of the original state-owned companies brought together in 1990 to form TeleDanmark, prior to its partial privatisation in 1994. The pension ...
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Features
Slow shift to real assets
The latest William M Mercer survey of the European pensions market confirms that the grip of the bond culture is still the dominant force, writes Fennell BetsonThe assets of the pensions market in Europe are now around $2.8 trillion, according to the 1997 review issued by the investment consulting practice ...
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Features
What the Belgian doctor ordered
In three years, the pension scheme for Belgian doctors and dentists has been transformed, writes Fennell Betson. No one said it was going to be easyWhen the pension scheme for doctors and related professions in Belgium switched from a pay-as-you-go to a funded basis, it broke moulds. Brussels-based Caisse de ...