All IPE articles in July 2005 (Online) – Page 5
-
News
UK schemes ‘taking €43bn from equity market’
UK - Mercer Investment Consulting says UK pension funds are taking around £30bn (€43.6bn) a year out of equities.
-
News
Dutch insurers warn of VUT tax-break chaos
NETHERLANDS - The Dutch government must postpone the limitation on tax breaks on the early retirement schemes VUT and pre-pension by a year, say insurers – who are warning of chaos.
-
News
BaFIN supports extending Solvency II to schemes
GERMANY - Financial services regulator BaFin has voiced support for the idea of extending the EU’s proposed new capital adequacy requirements for insurers, known as Solvency II, to German pension funds.
-
News
BBC to review contributions after valuation
UK – The BBC, the state-owned broadcaster, is to review employer and employee pension contributions once the results of an actuarial valuation of its £6bn (€8.7bn) scheme are known.
-
News
HVB sees €500m in pension assets by 2010
GERMANY - Chemie Pensionsfonds and HVB Pensionsfonds, two equity-oriented pension vehicles owned by German bank HVB, expect to take in €500m in assets by 2010 following the government’s decision to strengthen Pensionsfonds’ competitiveness.
-
News
Commodities boost Dutch metals scheme PMT
NETHERLANDS - With returns of 30%, commodities were the best performing asset class of the Dutch pension for Metalworking and Mechanical Engineering, or PMT, during the second quarter, it said.
-
News
Finnish system among EU best – pensions centre
FINLAND – The financial sustainability of Finland’s pension system is among the best in the European Union, says the head of the country’s pensions centre.
-
News
UK’s Field says NAPF mistaken on rebate
UK – Former pensions minister Frank Field has said the National Association of Pension Funds’ call for a withdrawal of a £9bn (€13bn) national insurance rebate into pensions is “mistaken”.
-
News
Ex-DWS chief takes chair at governance group
GLOBAL - Former DWS chief executive Christian Strenger has been named chairman of the International Corporate Governance Network , succeeding Alastair Ross Goobey.
-
News
JP Morgan unveils performance measurement system
GLOBAL – JP Morgan has launched a new performance measurement system for clients such as pension funds, asset managers and insurers.
-
News
UK protection levy to cost more than estimated
UK – The Pension Protection Fund has admitted that the total amount to be levied on schemes will be “somewhat higher” than the £300m (€435m) originally estimated.
-
News
Mercer HR Consulting names COO and president
GLOBAL - Mercer Human Resource Consulting has named a new chief operating officer and president, both new roles.
-
News
Consultants’ reactions to PPF levy proposals
UK – The following is a selection of comments from pensions consultants in reaction to today’s consultation on the risk-based levy issued by the Pension Protection Fund.
-
News
Dutch pension governance code delayed again
NETHERLANDS - The introduction of the Dutch code for corporate governance for pension funds will be delayed again, and probably won’t be published until much later in the year.
-
News
Small German firms ‘lack corporate pensions’
GERMANY - Many of Germany’s small and midsize companies do not offer a corporate pension, even though their employees have had a legal right to it since the Riester pension reforms took effect in January 2002, a new study shows.
-
News
IPE-QUEST: European scheme tenders up to €150m
EUROPE – A European pension fund has tendered up to €150m in euro zone large-cap core equities via IPE-Quest.
-
News
UK’s Environment Agency appoints two specialists
UK - The Environment Agency says it has appointed Morley Fund Management and Robeco to manage specialist three-year mandates worth £60m (€87.2m) each, or 5% of the total portfolio.
-
News
Ten staff leave as Whitbread outsources (Update)
UK – Restaurant and hotel operator Whitbread has outsourced its previously in-house defined benefit pensions administration – resulting in 10 staff leaving (Updates with Whitbread comment).
-
News
Germany implements pension fund directive
GERMANY - Germany has implemented the EU directive on occupational pension funds more than two months before the September 23 deadline following a parliamentary vote on Friday.
-
News
PGGM sets up separate levensloop company
NETHERLANDS – PGGM, the second largest Dutch pension fund, has set up a new independent company to provide individual savings and investment products to the 1.1m employees in the health care sector.
