Latest from IPE Magazine – Page 919
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Features
Levi benefits move
Denise D’Hondt, compensation and benefits manager Europe, for Levi Strauss & Co Europe in Bel-gium, has left the company and has been replaced by former human resources director, Belinda Hans-ford who takes the new title of re-muneration director Europe. The appointment takes full effect in Jan-uary and will be based ...
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Features
Docherty joins M&G
David Docherty is joining M&G Investment Management as a UK institutional fund manager from Gartmore this month, reporting to Will Nott, head of institutional business.
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Features
Fidelity boosts DC
Fidelity Pensions Management Group has appointed Alex Weiland, as director with responsibility for sales and marketing. He has joined from Gartmore where he was head of defined contribution and product development and will be involved in developing the group’s defined contribution pensions business. He replaces David Calfo, who is leaving.
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Features
New CSAM director
Credit Suisse Asset Management has announced the appointment of Richard Brumby as director, head of UK institutional funds. He was formerly with Schroder Investment Management where he managed institutional client portfolios. His role will be to develop institutional client service on the UK equity side. He will report to CSAM ...
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Features
Polish reform
The mandatory pensions reform in Poland has completed its legislative passage. President Aleksander Kwasniewski gave his assent to the bill last month. Funds are on course to begin operation on 1 January1999.
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Features
German strategies report
Consultants Buck Heissmann is nearing completion of one of the first comprehensive studies of Germany’s company pension strategies, which could lead to a re-assessment of the amount of pension assets under management. The study, commissioned by Goldman Sachs Asset Management, has the stated objective of identifying and cataloguing ‘Best practices’ ...
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Features
UK support for EU pension reform
The UK pensions minister, John Denham, has strongly backed the Monti green paper, fuelling speculation that pensions reform could become a major theme of the UK’s forthcoming EU presidency.Warmly welcoming the green paper, Denham said: The commission’s analysis of the pensions problem is very much in line with the government’s ...
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Features
World Bank loan for Hungarian pensions
The World Bank is loaning $150m to the Hungarian government to support the introduction of the new mandatory pension system.Roberto Rocha, principal economist in the World Bank regional office in Budapest says: We are giving them a loan because this transition is going to have some costs. We are helping ...
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Features
Italy: the future is DC
Italy’s first law regulating private pension plans was Law Decree 124/1993, issued on 21 April 1993. The most significant elements are that: only DC plans are allowed for employees (with only the self-employed being able to choose DB); strict limits are placed on the amount of tax-deductible contributions that can ...
