All IPE articles in June 2007 (Online) – Page 9
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News
EC takes Germany to court over pensions competition
[17:03 CEST 28-06] GERMANY – The European Commission is taking Germany to court over the failure of its local governments to award contracts for deferred compensation plans in a manner consistent with EU competition law.
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News
SWIP loses another key player
[10:39 CEST 29-06] UK - Chris Walker, managing director for international business at Scottish Widows Investment Partnership (SWIP) has “left to pursue other interests”, the company has confirmed.
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News
PGGM to pursue SRI engagement
[13:23 CEST 29-06] NETHERLANDS - PGGM, the €85bn pension fund for healthcare and social workers, has announced it will actively engage with the all 4,000 listed companies in its investment portfolio on ethical issues.
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News
Schemes exceeded benchmark by 1.75% - DNB
[17:00 CEST 29-06] NETHERLANDS - Dutch pension funds returned 1.75% on average over their respective benchmarks between 1999 and 2006, pensions regulator De Nederlandsche Bank has said.
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Pfizer praised for governance engagement
[17:00 CEST 29-06] US – Pharmaceutical giant Pfizer has been commended for its decision to regularly meet with institutional investors and discuss its corporate governance.
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News
TFR use for pensions "disappointing" - Candylaftis
[17:00 CEST 29-06] ITALY – Only a small number of Italians have chosen to put their severance pay TFR into pension funds but the pension industry will grow, asset manager Francis Candylaftis is convinced.
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News
HSBC bank scheme names new managers
[17:01 CEST 29-06] UK – The £10.5bn (€15.6bn) HSBC Bank UK pension scheme has appointed Ashmore and AXA Investment Management in a portfolio revamp.
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News
Rabobank scheme plots its real estate future
[17:01 CEST 29-06] NETHERLANDS - The Stichting Pensioenfonds Rabobank has started to invest in plots of land, to create future building opportunities for its property investments.
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Swiss public schemes told to get fully funded
[17:02 CEST 29-06] SWITZERLAND – The Swiss Federal Council (Bundesrat) wants to see all local and federal authority pension schemes on a 100% funding level by 2038.




