Latest on Regulation & Reform – Page 339
-
.jpg)
NewsSwiss roundup: Swisscanto on funding levels, Publica results
SWITZERLAND – Funding levels at Swiss Pensionskassen last year returned to where they were in 2009 following a steep drop in the second quarter, Swisscanto has calculated.
-
NewsAIFM directive could stifle asset management innovation, warns AIMA
EUROPE – The Alternative Investment Fund Managers Directive (AIFM) could slash the number of viable fund models and stifle innovation across the industry, the Alternative Investment Management Association (AIMA) has warned.
-
News
Investors avoiding real estate, equities due to Solvency II uncertainty – Invesco
EUROPE – The uncertainty surrounding the ongoing Solvency II debate is putting many investors off real estate and equities, according to Invesco.
-
NewsSwedish roundup: Swedbank, SPP, Finansinspektionen, insurance commissions
SWEDEN – Jan Ridderwall, head of the life and pensions operations at Swedbank, is joining rival SPP as sales director. Ridderwall replaces Magnus Karlsson and joins SPP on 1 April.
-
NewsDanish roundup: ATP, LD, Forsikring, Danish Competition Authority
DENMARK – Denmark's government and three major pension players have signed an agreement to set up a DKK5bn (€670m) venture capital fund, which will be largely state-backed.
-
NewsCredit Suisse index for Swiss pension funds returns 2.9%
SWITZERLAND – A sample of 100 Swiss pension funds returned 2.93% on average in 2010, according to the Pensionskassen index compiled by Credit Suisse.
-
NewsIAPF expects Ireland to unveil new DB framework within weeks
IRELAND – Long-delayed reforms to the Irish defined benefit (DB) system will be unveiled before the upcoming election this spring, the Irish Association of Pension Funds (IAPF) has predicted.
-
.jpg)
NewsSwiss roundup: Structural reform, Fribourg, Bern, ASIP, Pensionskasse Profond
SWITZERLAND – The French-speaking Swiss canton of Fribourg has agreed to work with the German-speaking canton of Bern to supervise Pensionskassen in a move the local press has dubbed the 'bridging of the Rösti Divide'.
-
NewsNewly established EIOPA unveils management board
EUROPE – The European Insurance and Occupational Pensions Authority (EIOPA) has confirmed the members of its newly elected management board, as well as its acting chairman.
-
NewsPolish prime minister drops pensions bombshell
POLAND – Poland's second-pillar system is finally set for a radical overhaul in 2011 in a peculiar compromise that maintains the contribution level, but slashes the amount managed privately.
-
NewsNetherlands launches national Pension Register for citizens
NETHERLANDS – Social affairs minister Henk Kamp has launched the national Pension Register in the Netherlands, giving every Dutch citizen an online overview of his or her accrued pensions at both pension funds and insurers.
-
NewsLuxembourg fund association joins EFRP
EUROPE – Two new pension associations have joined the European Federation for Retirement Provision (EFRP), the organisation has announced.
-
NewsNordic roundup: Government Pension Fund Global, KPA Pension, Pensionsmyndigheten
EUROPE – The Norwegian Ministry of Finance is tendering for three consultants to advise on both the Norway Pension Fund Global (NPFG) and the Government Pension Fund Norway, the country’s national insurance fund.
-
NewsCross-border pension fund launches stagnated in 2010, says CEIOPS
EUROPE – New figures released by the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) show that the number of cross-border IORPs stagnated in 2010, with a net gain of only two new launches.
-
NewsLoophole could exclude thousands of members UK PPF, says Hammonds
UK – A legal loophole that saw a pension scheme recently refused admission to the UK's Pension Protection Fund (PPF) must be addressed, or thousands of scheme members could be affected, law firm Hammonds has warned.
-
NewsDutch cross-border IORP could launch 15 new schemes in a year
NETHERLANDS – As many as 15 new defined contribution (DC) schemes could open by the end of next year following the introduction of the cross-border Premium Pension Institution (PPI) in the Netherlands, Mercer has predicted.
-
NewsOECD calls on Spain to reform pension system, increase retirement age
SPAIN – Spain has been urged by the Organisation for Economic Co-operation and Development (OECD) to reform its pension system and increase retirement age in an effort to combat a deficit of over 9%.
-
NewsLPFA chief executive Taylor urges creation of new UK regulator, mergers of schemes
UK – The £3.8bn (€4.5bn) London Pensions Fund Authority (LPFA) has called for the creation of a new regulatory body to oversee the funding ratios of all local government pension schemes (LGPS).
-
NewsQuarter of UK businesses unprepared for auto-enrolment, says Aon Hewitt
UK – Nearly a quarter of UK businesses have not yet considered the implications of auto-enrolment on their schemes, according to new research from Aon Hewitt.
-
NewsUkraine bows to pressure from IMF to reform pension system
UKRAINE – President Viktor Yanukovych has promised to overhaul the Ukraine's pension system in a speech in Riga, following pressure from the IMF and the World bank for him to undertake urgent pension reform.
