Latest from IPE Magazine – Page 746
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Features
Bringing life to Italy's post office
Erik Stattin is an unusual occupant of an executive’s chair in the traditional world of Italy’s postal service. But then Posteitaliane is less and less its traditional self with each mail delivery – witness its very successful life assurance operation Postevita, which he runs. Now pensions business is on his ...
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Features
Consulting actuaries: what kind of network?
Actuarial sciences and mathematics know no border and are naturally global. Accordingly, the progress of European regulation and of international accounting principles tends to reduce the still prominent role of local rules. A large part of the market for actuarial consultancy depends on big international companies. Therefore one possible answer ...
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Features
A European stock exchange
A little over a year ago we were tempted by the prospect of a merger between the Deutsche Börse and the London Stock Exchange (LSE). Well, nothing became of the proposed iX but Euronext, the joint venture between the AEX (from Amsterdam), Brussels Exchanges and the Paris Bourse has gone ...
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Features
Complexity may hold back new plans' growth
The pension reform known as the ‘Riester package’ will be implemented with amendments to some 19 laws, and by introducing one new law for the certification of pension products for the third pillar. Most important is the introduction of a system of tax allowances and direct subsidies, which will be ...
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Features
Irish property trust finds streets paved with gold
If there was ever a pot of gold at the end of the rainbow, it has been Irish property investment. This certainly has been the case for pension funds using the Irish Pension Fund Property Unit Trust, based in Dublin. This specialised vehicle was originally formed in 1967 to provide ...
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Features
Why SPIFs are ideal for investors
German investment law provides institutional investors, which are legal entities, the opportunity to organise – in a particularly efficient manner in terms of both management and taxation – their real-property investments already existing in Germany or are going to be effected there. This can be carried out through interposing a ...
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Features
Europe's biggest LTCI market
Long-term care insurance (LTCI) is booming in France: the market has grown by almost 50% in the last 18 months. Everything is relative, of course, and total sales amount to just 750,000 policies sold, and that is over a 15-year period. Although LTCI policies have been around for a long ...
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Features
Consultants on the block
Consultants are getting a taste of their own medicine, in the form of a manager selection performance measurement scheme launched by the WM Company, the UK-based performance measurement and investment administration firm. But some consultants have chosen to put themselves in the spotlight, says Peter Warrington, executive director at WM, ...
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Features
Custodians join the rating game
The ratings game has finally caught up with the custodian sector of the investment community, with Paris- based Fitch-AMR ready to publish the results of its first contract. “The development of the methodology to rate custodians and trustees is one of the major areas we’ve progressed in during the last ...
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Features
Fund of funds take off in Spanish market
The Spanish asset management industry has gradually increased its range of investment products, and both international funds and SICAVs and domestic SIMCAVS are gaining weight within the whole Spanish investment market. In the last few years the market for investment funds in Spain has grown in size and, for some ...
