Latest from IPE Magazine – Page 675
-
Features
ABP ups premiums to protect fund
ABP, the e146bn Dutch civil service pension fund, has announced that it will raise the rate of contributions from employers and employees from 13% to 15%, as a result of weak stock markets. Fernando Jadoul, ABP’s director of public affairs, said: “After looking at the scheme’s financial position, we felt ...
-
Features
'Avoid fashion' advice for funds
The head of the E2.4bn pension scheme for UK airport operator BAA says pension administrators should not follow fashion and try to work out their requirements for themselves. “Don’t be a dedicated follower of fashion, think about it, and work it out for yourself,” is BAA Pension Fund director Stuart ...
-
Features
Portuguese improvement
A change in asset allocation by Portuguese pension funds has resulted in an improvement in returns in the third quarter, according to consultant Watson Wyatt. Median returns from the country’s segregated funds for the third quarter were –2.4% from -3.2% the previous quarter. The third quarter was a difficult period ...
