Latest from IPE Magazine – Page 694
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Features
Resisting the European trend
Belgium has been in the spotlight of the European pension fund industry since it decided not to back the EU directive on occupational pensions, presented for approval in Spain last June. This decision did not come as a surprise. The Belgians want the directive to include more restrictions on pension ...
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Features
Small market, foreign focus
The small size of the domestic equity market has forced investors to invest more abroad, mainly in the Euro-zone; less than 5% of total assets are invested in Belgian equities. The small size of the average Belgium pension fund and tax benefits have encouraged the use of investment funds, with ...
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Features
Radical reforms support third pillar
Luxembourg’s government has taken a step forward in developing the country’s retirement system affecting both the first- and third-pillar pensions. In July the government announced radical measures to reform the state pension that aim to provide higher basic pensions and incentives to retire later. Under the new legal framework the ...
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Features
Big investors on red alert
As a consequence of poor investment returns in the equity markets, Danish pension funds are reconsidering their approach to investment. The most recent example is the Danish labour market supplementary first-pillar pension scheme, ATP, which at the end of August announced an important shift from equities into bonds. The fund, ...
