Latest from IPE Magazine – Page 742
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Features
Pan-Euro pensions threat to islands
The Channel Islands hold a unique constitutional position in Europe, being neither sovereign states nor colonies or territories. Although not a part of the UK they are possessions of the Crown, to which they owe allegiance as successors to the Duke of Normandy. Furthermore, they do not form a part ...
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Features
Using insurance to wrap stakeholder pensions
The recently launched stakeholder pensions in the UK look set to have a significant impact on the balance of power between asset managers and insurance companies. While the asset managers won substantial business with the growth of the defined contribution (DC) market, the different requirements demanded by stakeholder pensions are ...
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Features
Group risks in the e-world
The management of group risk benefits is in the process of elevation from an art to a science. No longer is employee benefit provision and the risks involved the sole preserve of HR. “It’s no longer a case of HR simply buying insurance products,” says Tony Salter of consultants PricewaterhouseCoopers’ ...
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Features
Making the big switch
The challenge facing the UK’s electricity industry a decade ago was that of converting its virtually monolithic industry-wide pension scheme into a system that met the needs of the new multi-employer environment. In meeting this challenge the industry, both on the distribution and generating sides, has worked unceasingly since privatisation ...
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Features
In search of super glue
At this month’s conference hosted by the Association of Superannuation Funds of Australia (ASFA) in Cairns, Queensland, delegates will have a chance to assess how far Australia has progressed in its bid to develop a greater global outlook. In recent years, the country has attempted to become the hub for ...
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Features
The message just isn't getting through
Our firm retained some researchers to look into how the largest 50 UK pension funds view securities lending and more specifically risk management related issues. Our research was conducted purely in the UK, as the feeling was that there would be little difference across Europe. All the funds had over ...
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Features
Twenty five years 'agrowing'
With Brown Brothers Harriman (BBH) partner Ham Lynch bidding adieu to the UK as he heads back to New York to take up an expanded role within the bank, it seems an opportune moment to review the significant broadening of activities over which he has presided during his tenure as ...
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Features
B&W chosen
Consultant Bacon & Woodrow has been appointed to advise the Irish National Treasury Management Agency (NTMA) on the selection of a global custodian for the e6.5bn National Pensions Reserve Fund (NPRF). The consultant was chosen from a list of 10 tenders. The size of the fund is set to increase ...
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Features
Nestlé picks Northern Trust
Northern Trust has won the custody mandate for Nestlé Switzerland’s Sfr7bn (€4.6bn) pension fund. The fund, based in Vevey, will receive domestic and global custody and related services, including risk performance, performance measurement, online services, Swiss stamp tax processing and reporting. Says Lucille Knapp of Northern Trust: “Major reasons given ...
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Features
Way the wind is blowing
The arguments for using currency management have been widely publicised for many years, both from the perspective of lowering risk in a foreign portfolio, as well as enhancing active management returns. So why has it become even more important now for pension funds to re-assess their currency exposures? This is ...
