All IPE articles in June 2007 (Online) – Page 4

  • News

    Swiss pension cuts postponed

    2007-06-12T15:52:50Z

    [16:52 CEST 12-06] SWITZERLAND – The second chamber of the Swiss parliament criticised its fellow parliamentarians for rushing a reform of the pension system.

  • News

    Oil alone not enough to support ageing Norway, IMF warns

    2007-06-12T15:53:31Z

    [16:53 CEST 12-06] NORWAY – Reforming early retirement provisions is one of the most pressing issues to ensure a sustainable pension system in the future, the International Monetary Fund (IMF) has told the Norwegian government.

  • News

    Dutch schemes consider rejuvenating industrial estates

    2007-06-12T15:54:15Z

    [16:54 CEST 12-06] NETHERLANDS - Dutch pension funds are showing an interest in investing in the rejuvenation of run-down industrial estates in the Netherlands.

  • News

    Spanish reserve fund set to move into equities

    2007-06-12T15:55:11Z

    [16:55 CEST 12-06] SPAIN - The Spanish government has paved the way for the country’s pensions reserve fund to start investing some of its €40bn of assets in equities.

  • News

    Wednesday people roundup

    2007-06-13T12:14:36Z

    [13:14 CEST 13-06] GLOBAL – ING IM, Hansa, BoNY, bfinance, Punter Southall, State Street, SAM, SEI, Bank of Ireland, JPMorgan, Sprenkels & Verschuren, BDO Stoy Hayward, Abbey, Invesco.

  • News

    German managers "at disadvantage" in commodities and LDI - Fitch

    2007-06-13T12:17:13Z

    [13:17 CEST 13-06] GERMANY – Asset managers in Germany are at a competitive disadvantage to interloping foreign houses in the commodities and liability-driven investments (LDI) markets, Fitch Ratings has claimed.

  • News

    Spain confirms 10% in equities proposal

    2007-06-13T15:42:25Z

    [16:42 CEST 13-06] SPAIN - Spain’s pensions reserve fund is set to put around 10% of its assets into equities, according to Economics Minister Pedro Solbes, though the final conditions for its proposed asset switch will only be agreed in a few months’ time.

  • News

    PPF to create transition panel

    2007-06-13T15:43:21Z

    [16:43 CEST 13-06] UK – The roughly £800m (€1.2bn) Pension Protection Fund (PPF) wants to recruit several managers for transition of pension assets.

  • News

    EU warns Italy TFR impact overestimated

    2007-06-13T15:44:07Z

    [16:44 CEST 13-06] ITALY – Assets flowing into the newly-created INPS social security institute fund might not bring the expected relief to Italy's tight budget deficit situation, the European Commission has warned.

  • News

    Kosovo fund finds new head

    2007-06-13T15:44:47Z

    [16:44 CEST 13-06] KOSOVO – The €241m Kosovan Savings Pension Trust (KSPT) has appointed Adrian Zalli as its new managing director.

  • News

    Inflation-wary institutions fear rate hikes

    2007-06-13T15:45:24Z

    [16:45 CEST 13-06] EUROPE – Institutional investors are forecasting higher short and long-term interest rates amid growing concerns of rising inflation, a survey has found.

  • News

    Raise retirement age to 67 - think tank

    2007-06-13T15:46:00Z

    [16:46 CEST 13-06] NETHERLANDS - The Dutch government must actively approach the pensions crisis by raising the official retirement age from 65 to 67, the Council of Economic Advisers (REA) says.

  • News

    Schroders named as Shetland manager

    2007-06-14T11:57:40Z

    [12:57 CEST 14-06] UK – The Shetland Islands Council has named Schroders as the manager awarded a £20m (€29.6m) UK property mandate.

  • News

    Employer-guaranteed schemes decline hailed by Netspar

    2007-06-14T11:58:40Z

    [12:58 CEST 14-06] GLOBAL – As fewer corporate sponsors guarantee pensions, employees are becoming less dependent and conflict of interest is reduced, Lans Bovenberg, director at the Dutch pension research institute Netspar, has suggested.

  • News

    Zürich outsources pensions

    2007-06-14T15:39:40Z

    [16:39 CEST 14-06] SWITZERLAND – The pension scheme for the government staff in the Swiss canton Zürich will become a separate entity.

  • News

    Low bond yields depress German bank fund BVV return

    2007-06-14T15:41:29Z

    [16:41 CEST 14-06] GERMANY – BVV, an €18.6bn pension fund for Germany’s financial sector, says its return on assets fell to 5.1% in 2006 from 5.4% in 2005 as continued low bond yields depressed its fixed income-laden portfolio.

  • News

    Europe needs to clean up its bond act – Louanges

    2007-06-14T15:42:25Z

    [16:42 CEST 14-06] EUROPE – The European Union (EU) and other debt issuers need to agree to make the European bond market easier to trade, argues fixed income manager Pimco.

  • News

    Dutch broadcaster demands SRI

    2007-06-14T15:42:58Z

    [16:42 CEST 14-06] NETHERLANDS - Llink, the smallest Dutch broadcaster, has announced it will leave the industry-wide pension fund PNO Media if the scheme doesn’t change its investment policy.

  • News

    Contribution cap set for NPSS

    2007-06-14T15:43:54Z

    [16:43 CEST 14-06] UK – A maximum of £3,600 (€5331) can be contributed by to the UK's National Pension Savings Scheme (NPSS) bu an individual annually once launched in 2012, the government has announced today.

  • News

    Countries to disclose pension liabilities

    2007-06-14T15:44:22Z

    [16:44 CEST 14-06] EUROPE – Pension liabilities of EU governments could soon be disclosed in a supplementary table of the European System of National and Regional Accounts (ESA).