Latest Germany News – Page 12
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NewsUsing investment profits to finance social security can impact private pensions
BVI CEO Thomas Richter has labelled the plan of chancellor candidate for the Green Party, Robert Habeck, as a ‘populist foolish idea’
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NewsWPV asset management reshuffles team as it shifts to thematic focus
German pension fund for auditors and chartered accountants manages around €5bn for approximately 17,000 members and beneficiaries
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NewsGerman economists push for review of civil servants pension system
By splitting first and second-pillar pensions for civil servants, new contributions remain available to finance old pensions, says Martin Werding
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NewsGerman insurers create €50bn asset management company
The transfer of assets under the new firm follows the merger of the two insurance companies officially completed last September
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NewsSOKA-BAU’s sub-fund to boost international investments
It also plans to invest 5% in private debt – its first investment in the asset class
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NewsCSU’s plan to expand mothers’ pensions splits conservatives
According to first pillar manager Deutsche Rentenversicherung, the new Mütterrente would cost around €4.45bn per year
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NewsGermany’s AfD backs DC plans as party policies raise deindustrialisation fears
Supporting small companies remains ‘a central political matter’ to amplify the breadth of company pension schemes, the party claims
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NewsGermany’s innovation agency calls for pension funds’ backing of tech start-ups
SPRIN-D had €220m available last year, far from enough to turn technological innovation into profitable companies
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NewsGerman dentists’ scheme takes €65m hit from investments
The write-off in 2023 is higher than the €45.98m recorded in 2022, and results mostly from private equity investments and investments in ‘affiliated companies’
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NewsAmundi builds on multi-layer private markets strategy for DACH region
The next steps in Amundi’s private markets strategy in Germany are to promote ‘healthy growth’ among institutional investors and double AUM to €5bn in the next 3 years
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NewsGerman parties relaunch pensions policies as election campaign starts
The Union plans to introduce mandatory pension schemes for the self-employed, while SPD will continue to support stable pensions at 48% of an early retirement for people with 45 years of contributions
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NewsGermany pushes EU Commission to scale back sustainability reporting rules
Germany asks EU Commission to postpone the CSRD application deadline by two years
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NewsGerman associations relax exclusion criteria for investments in defence sector
BVI and others publish a new version of ESG target market concept (Zielmarkt Konzept), scrapping revenues threshold to invest sustainably in the defence sector
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NewsVerka takes over operational business of German Red Cross pension scheme
Verka will manage close to €4bn by adding the €780m under the Deutschen Roten Kreuz scheme
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NewsGerman funds for professionals to apply new asset allocation stress test
Pension funds will pass the test if they have sufficient risk capital to cover stressed assets, and if the funding ratio is at least 100%
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NewsGerman government backs sustainable investing in defence sector
Sustainable investments association FNG says weapons are ‘not compatible with the principles of sustainable investing’
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NewsGerman Spezialfonds record worse capital inflows since 2008/09 financial crisis
Spezialfonds received net cash inflows of €1.7bn in July, but in August and September stood at almost the same amount, so ‘net new business’ came to only €45m
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NewsWTW to set up shop in Germany for pension buyout deals
German buyout market is worth potentially €600bn, according to consultancy Lurse
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NewsGerman parties slam FDP’s attempt to reform third pillar pension system
BVI says Germany’s political parties are already in election campaign mode and are using the opportunity to set their own agenda
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NewsGermany’s Bundesrat recommends review of second pillar reform
The Bunderat recommends reviewing whether a significant increase in the maximum possible amount of funding beyond a wage adjustment is possible
