Funding – Page 38
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News
Engineering scheme introduces real assets portfolio, targeting €2.5bn
Dedicated allocation is to replace PME’s 1.6% alternatives portfolio, comprising forestry and infrastructure
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News
ABP to focus on energy transition to support local economy
Civil service scheme says it has been difficult to find sufficient investment volume to allocate to domestic assets in the Netherlands
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NewsNetherlands roundup: Port workers eye legal action against regulator
Plus: A survey of pension scheme members has found that three quarters supported ESG investing – and would accept lower payouts to facilitate it
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NewsUK charities facing ‘double whammy’ as pension deficits climb
Hymans Robertson has urged charity DB fund trustees to assess options for securing covenants or consolidating
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News
Geneva’s €11.2bn pension fund pleads for ‘double Yes’ in funding vote
CPEG is anxious about a May referendum that could pave the way for much-needed financing
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News
Chart of the Week: Dutch schemes bounce back with Q1 gains of up to 8.5%
Strong equity markets and rising government bonds help recovery from weak end to 2018
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Country ReportNetherlands roundup: PNO picks Kempen as fiduciary for DC plan
Plus: Construction company scheme to liquidate; Metal industry schemes increase lobbying against rights cuts
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News
BaFin warning on Pensionskassen was ‘wake-up call’ to sector
Chair of Wacker Chemie Pensionskasse argues that regulatory intervention was ‘beneficial shock’ for some organisations
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News
UK roundup: PPF sets out three-year goals for innovation, efficiency
Plus: Debenhams schemes stay out of PPF; ‘Significant minority’ of firms support CDC; DB funding level falls over Q1
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News
German chemicals company de-risks with lump sum payments
Employees respond positively as Henkel offers one-off payment to reduce DB liabilities
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News
British Airways settles six-year dispute with pension fund
Airways Pension Scheme trustees can reintroduce discretionary benefit increases after funding position improves
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NewsAccounting roundup: Guidance issued on pension equality costs
Plus: Hybrid pension plan accounting; Politicians call for break up of ‘big four’; FRC publishes draft plan and budget
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NewsLDI market breaches £1trn as smaller schemes join hedging trend
XPS Investment attributes most of 2018 growth to new mandates, mainly from smaller schemes
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News
EIOPA launches pension fund stress tests
European regulator increases reporting period for pension funds and national authorities
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News
Dutch pension rules undermine funding and confidence, says DNB
FTK allows for insufficient contributions and benefit payments that are too high, regulator warns
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News
Commerzbank UK scheme insures DB and DC sections for £1.2bn
Also: Rothesay Life backs £110m buyout of electronics company pension plan
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News
IFRS committee rules on DC refunds for plan sponsors
IFRS Interpretations Committee says discounts on overpayments to DC plans shouldn’t mean DB treatment is necessary
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News
German pension funding stable after challenging 2018
Funding ratio almost unchanged at 67%, according to consultancy’s latest DAX pension finance study
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News
Finland ‘must prepare for birth rates to hit contributions’
New statistics forecast demographic pressure to add over 30% to contributions after the 2050s
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AnalysisAnalysis: UK pension equality costs ‘lower than forecast’
Estimates from 128 listed companies collated by IPE include a £177m bill for HSBC
