All IPE articles in June 2008 (Online) – Page 8

  • News

    Fiduciary managers to be stamped with hallmark

    6 June 2008

    [12:30 CEST 06-06] NETHERLANDS – The planned code of conduct for fiduciary managers pitching services to Dutch pension funds will take the shape of a quality mark, IPE has learnt.

  • News

    Finland must adjust pension system - OECD

    6 June 2008

    [12:00 CEST 06-06] NETHERLANDS – The Organisation for Economic Co-operation and Development (OECD) has warned Finland its medium-term fiscal policy challenges need to be addressed with further pension reform and tighter fiscal policy in the short-term.

  • News

    Pension buffers protected from credit impact - Donner

    6 June 2008

    [11:00 CEST 06-06] NETHERLANDS - The legally required financial buffers for pension funds have been adequate in preventing shortfalls as a consequence of the credit crisis, according to social affairs minister Piet Hein Donner.

  • News

    Aegon to roll out pension asset pooling in autumn

    5 June 2008

    [16:35 CEST 05-06] NETHERLANDS – Aegon is planning to launch a pension asset pooling platform in autumn which is is being developed with Citigroup and TKP Investments andis specifically targeted at multinational companies, IPE has learnt.

  • News

    UK considers move to conditional indexation

    5 June 2008

    [16:30 CEST 05-06] UK – The Department for Work and Pensions (DWP) has issued a consultation on alternative ways to share risk in occupational pension schemes, including the potential for introducing conditional indexation.

  • News

    IASB hints at watering down of pensions review

    5 June 2008

    [16:20 CEST 05-06] GLOBAL - The International Accounting Standards Board could be on the verge of scaling back the scope of its Phase I project to address pensions accounting.

  • News

    Dutch pension assets still invested in weapons

    5 June 2008

    [15:00 CEST 05-06] NETHERLANDS - A considerable number of Dutch pension funds are still investing in weapons, such as landmines, cluster ammunition and nuclear weapons, according to a pressure group.

  • News

    Delta agrees partial buyout with PIC

    5 June 2008

    [14:45 CEST 05-06] UK – Delta has agreed a £451m (€571m)partial buyout with Pension Insurance Corporation (PIC) to insure the liabilities of existing pensioners.

  • News

    Delta Lloyd to outsource German fund administration

    5 June 2008

    [14:00 CEST 05-06] GERMANY – Kas Bank, the Dutch securities bank, today announced it has entered into discussions on an exclusive basis with Delta Lloyd Deutschland AG to take over fund administration activities in Germany.

  • News

    Managed funds hit second positive month

    5 June 2008

    [13:30 CEST 05-06] IRELAND – Irish group managed pension funds delivered a second month of positive returns, with an average result of 0.2% in May.

  • News

    SWF ESG policy is not "political interference"

    5 June 2008

    [13:15 CEST 05-06] NORWAY - The decision to exclude companies from the investment universe of a sovereign wealth fund (SWF) should not be seen as “undue political interference”, the Norwegian minister of finance has claimed.

  • News

    Regulatory compliance 'challenge' for UK and Netherlands

    4 June 2008

    [16:15 CEST 04-06] GLOBAL – Around 45% of pension funds find it challenging to comply with pension regulation following increased complexity in governance requirements, according to SEI Global Institutional Solutions.

  • News

    SEB's pension divisions fined for regulatory failures

    4 June 2008

    [16:00 CEST 04-06] SWEDEN - Financial services firm SEB has been fined SEK30m (€3.2m) by the regulator for failing to have risk or compliance controls in place at its two pensions businesses, and been given three months to put things right.

  • News

    Wednesday people roundup

    4 June 2008

    [15:30 CEST 04-06] People roundup: GLOBAL – F&C, BoNY Mellon, BSAM, LGIM, RREEF, Strategeon, Pimco, Barnett Waddingham, Henderson Global Investors, SNS Reaal, Loyalis, Schroders.

  • News

    aba fears 'automatic link' to Solvency II

    4 June 2008

    [15:15 CEST 04-06] GERMANY/EUROPE – aba, the German pension vehicle federation, has warned pension providers could still see an impact from Solvency II through the IORP Directive, even if the European Commission makes no explicit link.

  • News

    OECD warns EU against pensions "complacency"

    4 June 2008

    [15:00 CEST 04-06] EUROPE – The Organisation for Economic Co-operation and Development (OECD) has warned the European Parliament there should not be “complacency” on pensions, as at least four countries still need to make “major reform efforts”.

  • News

    AP3 restructures for alpha-beta separation

    4 June 2008

    [14:30 CEST 04-06] SWEDEN – The Third Swedish National Pension Fund (AP3) is to restructure its asset management operations to enable the implementation of its alpha-beta separation strategy.

  • News

    Buyout surge is 'unsustainable' - Punter Southall

    4 June 2008

    [12:00 CEST 04-06] UK – Current levels of buyout activity are "unsustainable and temporary" as insurance regulation will start pushing prices back up making it an unattractive option for schemes, Punter Southall has claimed.

  • News

    Van der Ende takes the CIO chair

    4 June 2008

    [10:15 CEST 04-06] NETHERLANDS – Johan van der Ende, currently at the helm of strategy and structured investments at PGGM, has been promoted to chief investment officer.

  • News

    Greek occupational fund selects manager

    3 June 2008

    [17:00 CEST 03-06] GREECE – Alpha Trust Mutual Funds Company has been appointed by the Economic Chamber of Greece pension fund, one of Greece’s four occupational pension funds, to look after a balanced managed mandate of behalf of its members.