Funding – Page 22
-
News
KLM and unions agree DC switch for ground crew
The airliner has received €3.4bn in loans from the Dutch state to avoid bankruptcy
-
NewsGerman lifeboat scheme sees contribution rate climb to highest level
Contributions grew from €1.08bn in 2019 to €1.48bn last year
-
News
Ilmarinen sees contributions slip as COVID hits client payrolls
Finnish pension insurer reports 4.8% return for Q1, contributions fell to €1.4bn from €1.5bn a year ago
-
NewsUnnamed UK pension scheme signs £6bn longevity swap
Longevity risk was reinsured to PFI subsidiary, with Zurich acting as intermediary on a ‘pass-through’ basis
-
NewsDACH roundup: Swiss schemes’ funding ratio peaks at record level in Q1
Plus: Q1 results for Austrian Pensionskassen; Germany passes location act for industry boost; Porsche pension fund seeks pensions specialist
-
Country ReportFunding code: Deciphering the new code
With the Pensions Regulator consulting on a new code of practice for defined benefit (DB) scheme funding, trustees are advised to take a long-term view of investment, covenant and liabilities
-
NewsFormer pensions minister warns retired workers’ income set to fall dramatically
‘We have been living in a fool’s paradise when it comes to incomes at retirement,’ says Webb
-
News
ABP funding ratio exceeds 100%
‘The chance of pension cuts over the coming years remains real,’ says Corien Wortmann–Kool, ABP president
-
NewsSwiss cantonal Pensionskassen record funding ratio uptick in 2020
The funding ratio for the Canton Appenzell Ausserrhoden pension fund stood at 116.3%, topping the fully funded schemes’ list
-
NewsSwiss corporate schemes record all-time-high funding ratio in Q1
Pension assets continued to grow in the first quarter of this year with a positive return of almost 4%
-
News
German DAX firms see rise in pension liabilities, says Aon
The discount rate for DAX 30 companies fell further last year to 0.77% from 1.10% in 2019
-
NewsSwiss roundup: equities, real estate drive APK’s returns in 2020
Plus: Allianz Suisse cuts conversion rates; PG Impact Investments’ climate strategy; University of Zurich’s Pensionskassen investment delegation survey
-
News
UK pension funds seek judicial review of inflation measure reform
BT, Ford and Marks & Spencer pension schemes believe ’far-reaching implications not fully considered’
-
News
USS rejects employer request for review of 2020 valuation approach
‘No justifiable basis for review until alternative proposals made or new information materialises’
-
NewsHayfin sees record deployment via direct lending strategy
Investors include the UK’s Staffordshire Pension Fund and the North East Scotland Pension Fund
-
NewsGerman government quick starts fund with €10bn for ‘future tech’
State-owned development bank KfW will be responsible for the administration of the equity fund
-
News
DAX firms top outlook with €9.9bn returns on pension assets
Pension liabilities and pension assets of DAX firms decreased last year by 1.8% and 3.9% to €409bn and €266bn, respectively
-
NewsSolvency II review may weigh heavier on Sweden than elsewhere: lobby
In Norway, Gabler says new capital requirement for interest-rate risk to have big effect on private pension funds
-
News
Three in four UK DB schemes could turn to contingent funding
Consultancy LCP says several factors will account for big rise in popularity
-
News
Dutch pension funds undisturbed by rising inflation
Some pension funds have shown increased interest in inflation-linked bonds to hedge against inflation risk
