IPE's Finland Coverage – Page 22

  • News

    Outsourcing trend drives Varma growth

    21 January 2010

    [16:15 CET 21-01] FINLAND – Varma Mutual Insurance Pension Company saw its assets increase to €29.9bn by the end of 2009 after securing a number of new pension contracts from the university sector.

  • News

    Investment timing was key to Ilmarinen's 16% return

    19 January 2010

    [16:55 CET 19-01] FINLAND – Ilmarinen pension insurance company has attributed a positive return of 15.8% in 2009 to the allocation and the timing of its investment strategy.

  • News

    Solvency thaw lifts returns for Finnish pensions

    14 December 2009

    [16:15 CET 14-12] FINLAND - The solvency levels of Finnish pension insurance companies were significantly boosted in the third quarter of this year as a result of improved investment returns, much like those enjoyed among pension funds across Europe.

  • News

    Etera assets increase by €340m in Q3

    3 November 2009

    [16:55 CET 03-11] FINLAND – Etera Mutual Insurance Company has reported a nine-month return of 8.3% and said the market value of its assets has increased to €5.2bn.

  • Veritas CIO claims the 'crisis is over'
    News

    Veritas CIO claims the 'crisis is over'

    29 October 2009

    [15:00 CEST 29-10] FINLAND - Staffan Sevon, chief investment officer at Veritas Pension Insurance, has declared the recent financial crisis “is over”, after announcing the company’s investments have risen 9.4% so far this year, thanks to strong Finnish equity returns.

  • Pension Fennia posts 8.1% return
    News

    Pension Fennia posts 8.1% return

    28 October 2009

    [16:40 CEST 28-10] FINLAND - Eläke Fennia Mutual Pension Insurance Company boosted its coffers in the first nine months of this year thanks to a 8.1% return driven by equity investments.

  • News

    Finland's VER and Keva report positive Q3 returns

    23 October 2009

    [15:30 CEST 23-10] FINLAND - Finnish pension funds are continuing their recovery from the market downturn, with the Local Government Pensions Institution (Keva) and Valtion Eläkerahasto (VER), the State Pension Fund, both announcing double-digit returns for the nine months to September 2009.

  • News

    Ilmarinen and Tapiola recoup losses

    20 October 2009

    [16:45 CEST 20-10] FINLAND – Ilmarinen pension insurance company has reported a 13.4% return between January and the end of September, driven primarily by equity returns of 22.9%.

  • News

    Varma posts 10.8% return year-to-date

    19 October 2009

    [15:30 CEST 19-10] FINLAND – Varma Mutual Pension Insurance Company has posted a 10.8% return for the first nine months of 2009 and its investment portfolio reached €28.3bn by the end of September.

  • News

    Finnish pensions may recover quickly

    29 September 2009

    [17:05 CEST 29-09] FINLAND – Finnish pension insurance companies may see investment incomes in 2009 recover the significant losses from last year quicker than expected, although there is still a need for people to work longer, Ilmarinen has claimed.

  • News

    Finnish pension providers show strength in recession

    25 September 2009

    [16:35 CEST 25-09] FINLAND – Finanssivalvonta, the Finnish Financial Supervisory Authority (FIN-FSA), has claimed the country's financial sector could cope with a "very severe recession", following the results of stress tests on the capital adequacy of banks and pension insurance companies.

  • VER returns 5.3% on equity gains
    News

    VER returns 5.3% on equity gains

    28 August 2009

    [17:00 CEST 28-08] FINLAND – Improvements in equity markets helped Valtion Eläkerahasto (VER), the State Pension Fund, post a return of 5.3% in the first half of 2009.

  • News

    Ilmarinen investments jump €2bn on 6.6% return

    21 August 2009

    [17:10 CEST 21-08] FINLAND – Ilmarinen Mutual Insurance Company has reported an increase in its investment assets of €2bn in the first half of 2009, as it revealed its "best ever quarter" in terms of investment performance.

  • News

    Finnish H1 pension figures stay positive

    20 August 2009

    [16:00 CEST 20-08] FINLAND – Three of Finland's mutual pension insurance companies have posted positive first half results, but Tapiola Pension yielded the highest return of 4.9%.

  • News

    Positive gain for Varma ups assets by €2bn

    17 August 2009

    [16:50 CEST 17-08] FINLAND – Varma Mutual Pension Insurance Company reported a first half return of 4.6%, resulting in the value of the investments increasing by almost €2bn to €26.5bn.

  • News

    Keva posts 6.5% return in H1

    6 August 2009

    [16:55 CEST 06-08] FINLAND - Kuntien eläkevakuutus (Keva), the local government pension institution, generated a return on its investments of 6.5% in the first half of 2009 following a continued rally from equity markets.

  • Keva to set up transition manager panel
    News

    Keva to set up transition manager panel

    30 July 2009

    [16:50 CEST 30-07] FINLAND - Kuntien eläkevakuutus (Keva), the Finnish Local Government Pensions Institution, is looking to establish a transition manager panel for its €20bn scheme.

  • News

    Management at state firms 'should switch to DC' - Finnish report

    16 June 2009

    [17:00 CEST 16-06] FINLAND – An independent working group established to review remuneration and pensions at Finnish state-owned companies has recommended that all existing schemes should be replaced with defined contribution (DC) pensions.

  • News

    Workplace healthcare 'key' to delaying retirement

    8 June 2009

    [17:15 CEST 08-06] FINLAND – The average retirement age for employees would increase by a year if “effective occupational health care schemes” are provided at all workplaces, the Central Organisation of Finnish Trade Unions (SAK) has claimed.

  • News

    VER loses 2.4% in Q1

    6 May 2009

    [17:25 CEST 06-05] FINLAND – Valtion Eläkerahasto, the State Pension Fund, generated a return of -2.4% in the first quarter of this year, reducing the value of its investments to €10.16bn.