Latest from IPE Magazine – Page 656
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Features
Parliament's knight in shining armour
How pleased are you that the pan-European pensions directive has finally become a reality after so many years and how much of a milestone do you think its introduction really is? You can imagine that I am very happy that the Council has been able to accept all the amendments ...
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Features
The arrival of a 'miracle'
We have a saying in Germany: “miracles take a bit longer”. This saying applies perfectly to the directive. We had to wait a long time until it came into existence. It is an almost unbelievable miracle that the extremely diverse approaches to pension funding and supervisory regimes for occupational pension ...
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Features
Roadmap for pan-European pensions
The European Directive concerning Institutions for Occupational Retirement Provision which was adopted by the European Council in May bears a certain resemblance to the Human Genome. Scientists inform us that the Human Genome consists of large amounts of obsolete genetic material interspersed with essential functioning genes. So it is with ...
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Features
Second pillar role recognised at last
A few days before its dissolution, the Belgian parliament approved a new law on supplementary pensions, enabling the government to realise one of its major objectives before the end of its four year term and the national elections. With this new legislation, the government wants deliberately – and this for ...
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Features
Why Electrolux aims to go 'blue'
For a surprising number of multinationals operating in Europe, the question of their worldwide pension fund arrangements is less one of streamlining an existing structure and deciding where pan-European pension plans might fit into the equation, than actually figuring out what pension plans the corporation has in place globally and ...
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Features
FTSE moves ruffles DJ Stoxx feathers
There has been a lively reaction to the arrival of the FTSEurofirst tradeable indices series from the FTSE Group and Euronext, with Dow Jones Stoxx branding the product as a copy of its DJ Stoxx 50. In late spring, the FTSEurofirst 80, representing Euro-zone performance and the FTSEEurofirst 100 covering ...
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Features
DJ microsectors
Dow Jones Indexes started calculating 15 MicroSector Indexes in June. These are narrow-based equity indices that include five of the largest and most actively traded stocks in each sector. They are derived from industry groups and subgroups of the group’s global classification standard comprising the Dow Jones global indexes. A ...
