All IPE articles in July 2007 (Online) – Page 7
-
News
Shell pension fund to pay full indexation
[10:00 CEST 10-07] NETHERLANDS - The €18.5bn pension fund of oil giant Shell said it will pay its 37,500 participants a full indexation of 1.6% as of 1 July.
-
News
Polish pension assets break €35bn mark
[17:00 CEST 09-07] POLAND – Assets in the mandatory second pillar increased by over 23% in value over the last half year climbing to over PLN130bn (€34.7bn).
-
News
First PPF index reveals £100bn surplus
[17:00 CEST 09-07] UK – Rising bond yields and equity markets have improved the funding levels of 7,800 defined benefit schemes, the Pension Protection Fund (PPF) said today.
-
News
Van den Brink follows fiduciary trail to Mn
[16:00 CEST 09-07] NETHERLANDS – Roland van den Brink, investment director at the the €21bn industry-wide pension fund for the mechanical and electrical engineering PME, has joined Mn Services’ board of management.
-
News
Two in three have German corporate pensions
[15:00 CEST 09-07] GERMANY – Around two-thirds (65%) of German salaried employees owned some form of corporate pension last year compared with just half in 2001, according to excerpts of a study seen by IPE.
-
News
IPE-QUEST: €400m UK equities mandate
[14:00 CEST 09-07] NETHERLANDS – A Dutch pension fund is looking for two or three UK equities managers via IPE-Quest.
-
News
Regulator calls for trustee report feedback
[13:00 CEST 09-07] IRELAND – The Pensions Board, Ireland’s pensions regulator, has called for written comments on its Report on Trusteeship.
-
News
Schemes ‘slow to introduce governance rules’
[12:00 CEST 09-07] NETHERLANDS – Dutch pension funds are struggling with the introduction of new governance rules, according to a KPMG Financial Services study.
-
News
Time for climate discussion is over – LAPFF
[11:00 CEST 09-07] UK – The Local Authority Pension Fund Forum (LAPFF) is urging the government to introduce more ambitious emission targets and mandatory corporate reporting on greenhouse gas emissions.
-
News
Glasgow fund monitors underperforming managers
UK - The £9.73bn (€14.4bn) Strathclyde Pension Fund has put Edinburgh-based Baillie Gifford and Isle of Man’s Capital International under watch due to underperformance.
-
News
Shift your focus to‘Gen Y’, says KPMG
GLOBAL - Pension providers are ignoring the financial interests of Generation ‘Y’ who will be essential to tomorrow’s business profitability and survival, according to a study by KPMG.
-
News
NAPF finds pensions regulation a worry
UK – Three quarters of UK pension schemes are more concerned about the regulatory burden than improving longevity and closing their deficits, research suggests.
-
News
Rift evident in PZU’s senior management
POLAND – Miroslaw Panek, a vice-chairman and member of the PZU executive responsible for finances, has resigned his post after 10 months.
-
News
CEO departure leaves UBS rating stable
GLOBAL – Swiss bank UBS has decided to replace chief executive Peter Wuffli with his deputy Marcel Rohner, in a surprise move,effective today.
-
News
Another Dutch giant invests in trees
NETHERLANDS – The €85bn healthcare workers' pension fund PGGM has awarded a $200m (€150m) 15-year forestry mandate.
-
News
Trustees blame actuaries for deficits
UK – Actuaries have contributed to the huge deficits faced by many pension schemes by failing to take account of improved life expectancy in their advice, trustees have alleged.
-
News
AEVWL invests in Luxembourg alternatives
[11:13 CEST 06-07] GERMANY – Ärtzeversorgung Westfalen-Lippe (AEVWL), the €7.1bn pension fund for doctors, has allocated €600m to a Luxembourg institutional fund (FCP) which invests in private equity, hedge funds and structured products.
-
News
ECJ makes first cross-border pension tax ruling
[16:38 CEST 05-07] EUROPE – The European Court of Justice (ECJ) has made its first ruling on tax obstacles to the cross-border transfer of pension capital.
-
News
ABN Amro sells custody business
[16:34 CEST 05-07] GLOBAL – Dutch bank ABN Amro has exited the asset servicing business with the sale of its 50% stake in custody joint venture ABN Amro Mellon to the newly merged Bank of New York Mellon.
-
News
Buy back of 'missed' years made easier
[16:38 CEST 05-07] UK – People will be allowed to buy back up to nine years in which they did not contribute to their state pension at any time before their retirement, if the House of Commons accepts a House of Lords’ amendment to the Pension Bill.
