All IPE articles in July 2007 (Online) – Page 2

  • News

    Irish SRI funds have "solid performance" – Mercer

    2007-07-27T13:30:00Z

    [14:30 CEST 27-07] IRELAND – Ethically-managed funds returned 3% for the first half of 2007 compared to 5.6% for equity-only funds.

  • News

    FSD recipient appeals TPR findings

    2007-07-27T13:00:00Z

    [14:00 CEST 27-07] UK – Sea Containers LTD has lodged a formal appeal against the decision by The Pensions Regulator (TPR) to impose a Financial Support Direction (FSD) on the firm regarding its pension schemes.

  • News

    German insurer Talanx adds Pensionskasse to portfolio

    2007-07-26T15:45:00Z

    [15:45 CEST 26-07] GERMANY – Insurance conglomerate Talanx has gained another corporate pension fund (Pensionskasse) following its €550m acquisition of nearly all the insurance operations of retail bank Deutsche Postbank.

  • News

    Slovakia compromises on pension opt-out

    2007-07-26T15:30:00Z

    SLOVAKIA – Individuals who decide to opt out of the Slovak mandatory second pillar pension system will not be able to turn their savings into cash after all, IPE has learnt.

  • News

    Italian coalition too weak for pension reform – S&P

    2007-07-26T15:30:00Z

    [16:30 CEST 26-07] ITALY – Recent pension reforms agreed in Italy have failed to render the country's fiscal outlook more sustainable, Standard & Poor has found.

  • News

    F&C moves 130/30 into Europe

    2007-07-26T15:30:00Z

    [16:30 CEST 26-07] UK - F&C, the fund manager majority-owned by Friends Provident, is to expand its newly-launched UK 130/30 strategy into European equities.

  • News

    Hermes CEO leaves for Nuveen

    2007-07-26T14:39:00Z

    [15:39 CEST 26-07] UK – Mark Anson is to step down as chief executive of Hermes Pensions Management at the end of August after just 18 months at the investment manager.

  • News

    IPE Quest: Danish fund seeks debt manager

    2007-07-26T11:00:00Z

    [12:00 CEST 26-07] DENMARK – An unnamed Danish pension fund is seeking a manager for a $70m global emerging markets (GEM) local currency debt mandate, using IPE-Quest.

  • News

    ABP and PGGM want returns in sustainable investment

    2007-07-26T10:00:00Z

    [11:00 CEST 26-07] NETHERLANDS - ABP and PGGM, the largest pension funds in the Netherlands, say they expect to see real returns on investments in sustainability and social causes.

  • News

    Deregulatory review proposes surplus rule change

    2007-07-25T15:45:00Z

    [16:45 CEST 25-07] UK – Legislation should be changed to allow pension funds to return surplus funding to sponsoring employers where conditions meet the scheme’s funding target, suggest the findings of a deregulatory review.

  • News

    UK appoints new judges’ pension services

    2007-07-25T15:45:00Z

    [16:45 CEST 25-07] UK – The Department for Constitutional Affairs (DCA) will replace its salary and pensions payroll services for the judiciary, members of the European Parliament and senior political and public office holders in the UK.

  • News

    Tube staff to strike over pensions

    2007-07-25T14:45:00Z

    [16:45 CEST 25-07] UK – London Underground (LU) workers covered by the Transport for London Pension Fund have voted in favour of strike action in a row over pension rights.

  • News

    Swiss schemes on track to match 2006 return

    2007-07-25T14:30:00Z

    [15:30 CEST 25-07] SWITZERLAND – Swiss pension funds, known as Pensionskassen, are on track to at least matching their average return of 6.58% for 2006, according to data supplied by Credit Suisse.

  • News

    Life insurers’ merger will see RAM takeover by F&C

    2007-07-25T12:55:00Z

    [13:55 CEST 25-07] EUROPE – F&C Asset Management has entered into due diligence for the potential takeover of UK-based Resolution Asset Management.

  • News

    Myners to deliver personal accounts

    2007-07-25T12:55:00Z

    [13:55 CEST 25-07] UK – Paul Myners, author of the Myners Review and chairman of the hedge fund group Ermitage, has been appointed as chair designate of the Personal Accounts Delivery Authority.

  • News

    Wednesday people roundup

    2007-07-25T11:00:00Z

    [12:00 CEST 25-07] GLOBAL – Private Advisors, SSgA, BNP Paribas, P-Solve Alternative Investments, AXA, FRC, ETF.

  • News

    TPR reveals trustees act on pension fund breaches

    2007-07-24T15:55:00Z

    [16:55 CEST 24-07] UK – The Pensions Regulator (TPR) received over 1200 notifications of pension fund rule breaches from trustees last year, according to its latest annual report.

  • News

    "New government might halt Belgian second pillar growth"

    2007-07-24T15:45:00Z

    [16:45 CEST 24-07] BELGIUM - Development of Belgian second pillar pensions might stagnate even further under the new government, IPE has learnt today.

  • News

    CEE pension reform fuelled growth despite IORP – Allianz

    2007-07-24T15:45:00Z

    [16:45 CEST 24-07] EUROPE – Central European governments are coping better than expected with the pressures of meeting long-term pension liabilities considering the EU’s Institutions for Occupational Pensions (IORP) Directive is geared towards Western regimes, Allianz Global Investors has suggested.

  • News

    Austria to expand early retirement option

    2007-07-24T15:00:00Z

    [16:00 CEST 24-07] AUSTRIA – The government is planning to enable more workers involved in what it defines as hard labour to apply for early retirement – albeit with initially reduced pension benefits.