Funding – Page 114
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NewsRecovering ABP calls for change in liability discount criterion
€242bn civil service scheme sees coverage ratio rise by 6 percentage points to 111% this year.
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NewsUK roundup: Thomas Cook, PPF, TPR, MetLife, DWP
Thomas Cook has closed its UK defined benefit plan, transferring members to its DC scheme.
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NewsDanish roundup: Danica Pension, contributions tax, Forsikring & Pension
Profits at Danica shrink to DKK100m (€13.4m) in first quarter from DKK600m.
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NewsNordic roundup: SEB, Alecta, Skandia, Kyrkans Pensionskassa, AP funds
Operating profits fall 12% at Swedish banking group SEB's life business year on year.
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NewsOccupational pensions stagnate in Germany, survey shows
Number of new occupational pension arrangements has come to standstill, says Gothaer Insurance.
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NewsSwiss government concedes mistakes in assessing AHV
Admits it underestimated impact of immigration and structural changes in Swiss economy.
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NewsPolitical meddling is 'killing' Dutch pensions system
Regulator trying to grab headlines to show it is 'on the case', says Toine van der Stee, head of Blue Sky Group.
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NewsFour PKA pension funds merged into single €4.4bn scheme
Four of eight funds administered by Denmark's PKA have now formed Health Professionals' Pension Fund.
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NewsInterest rates, longevity squeeze 2010 return at PNO Media
Factors nearly wipe out 13.6% return on investment for Dutch pension fund, leading to net return of 1% last year.
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NewsDenmark's ATP sees first-quarter profits slip
Value of pension liabilities fall by DKK21.6bn thanks to interest rate increases.
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Business body lashes out at 'unfair' public sector pensions
Edinburgh Chamber of Commerce calls on Scottish government to abandon DB model.
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NewsMajority of Germans oblivious to 'three-pillar' pension system
70% of respondents confuse second, third pillars, while 60% admit ignorance of first-pillar entitlement.
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NewsRising interest rates boost funding at €28bn Bpf Bouw
Officials say 2% loss due to extensive hedge cancels out 1.6% return on investments.
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NewsMajor Dutch pension schemes continue to boost coverage ratios
Four largest funds improve funding in Q1 thanks to rising long-term interest rates.
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NewsMembers of Swiss BVK reject recovery plans for pension fund
Majority of statements blame local government for underfunded scheme's woes.
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NewsUK roundup: Self-administered schemes, PZ Cussons, Mercer
Self-administered pension schemes registered £70bn in income last year – close to 2006 peak.
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News£300m deficit forces UK Coal to close DB pension scheme
Chairman says 3,000-strong workforce to co-operate, understands need for change.





