Latest on Regulation & Reform – Page 396

  • News

    Conservatives will 'reign back' on DB regulation

    2008-11-27T15:00:00Z

    [16:00 CET 27-11] UK – The UK's Conservatives opposition party has confirmed they would "reign back" on regulation of defined benefit (DB) schemes if they enter power after the next general election.

  • News

    Pension members need Europe-wide supervision - actuaries

    2008-11-26T16:05:00Z

    [17:05 CET 26-11] EUROPE – The European umbrella organisation of actuaries wants to see plans for a Europe-wide supervision of occupational pensions being sped up.

  • News

    Section 75 changes aimed at late 2009

    2008-11-26T16:00:00Z

    [17:00 CET 26-11] UK – Changes to the Section 75 employer debt regulations resulting from government consultations will not be implemented until October 2009.

  • News

    Dutch government firm on loans to pension funds

    2008-11-25T13:15:00Z

    [14:15 CET 25-11] NETHERLANDS – Piet Hein Donner, the Dutch minister of social affairs, has confirmed pension funds will not get any financial aid from the government, reconfirming earlier statements of his colleague Wouter Bos, minister of finance.

  • News

    Pensionskassen growth remains slow

    2008-11-24T15:50:00Z

    [16:50 CET 24-11] GERMANY – A German government report on pensions has revealed there has been little growth, for the third year in a row, in the membership of Pensionskasse as share of employees with occupational pension accounts stood at 52% last year and is likely to stay at that ...

  • Rise in use of independent trustees
    News

    Rise in use of independent trustees

    2008-11-24T15:35:00Z

    [16:35 CET 24-11] UK – The number of UK occupational pension schemes employing at least one independent trustee has increased to 44% in the last year, Mercer has revealed.

  • News

    Donner warns on communicating reserves shortage

    2008-11-24T15:35:00Z

    [16:35 CET 24-11] NETHERLANDS – Piet Hein Donner, the Dutch minister of social affairs, has today reminded pension funds of their legal obligation to communicate to the Dutch pension regulator and central bank DNB when they hit a reserve shortage.

  • News

    'Common language needed' for pensions

    2008-11-24T15:00:00Z

    [16:00 CET 24-11] EUROPE – The continuing row over pensions solvency and differing regulatory systems could be solved by developing a common language for pensions, regardless of the provider or delivery, according to Jos Streppel, chief financial officer at Aegon NV.

  • News

    Costs could drive more pension mergers - Rohde

    2008-11-21T10:45:00Z

    [11:45 CET 21-11] DENMARK - Growing pressure on pension funds to take advantage of economies of scale, particularly in the current financial climate, could lead to the end of smaller company pension funds, the chief executive of ATP has predicted.

  • News

    Skinner calls for more reliance on private pensions

    2008-11-21T10:20:00Z

    [11:20 CET 21-11] EUROPE – Peter Skinner, European Parliament rapporteur for Solvency II, has suggested the public sector should begin to rely more on private pensions.

  • News

    Infrastructure needs investment - Boender

    2008-11-21T10:00:00Z

    [11:00 CET 21-11] NETHERLANDS – Guus Boender, and asset liability management professor and partner of ORTEC in Rotterdam, is calling on pension funds to look beyond 'financial titles and invest in logistical and social infrastructure of countries.

  • News

    Fix regulatory 'downward spiral' – Van Nunen

    2008-11-20T15:30:00Z

    [16:30 CET 20-11] EUROPE – Fiduciary management consultant Anton van Nunen has warned one of the most imminent problems pension funds no face is the downward spiral caused by regulation from which pension funds currently suffer.

  • Schemes advised 'create two-tier governance'
    News

    Schemes advised 'create two-tier governance'

    2008-11-20T14:45:00Z

    [15:45 CET 20-11] IPE SEMINAR - Pension fund governance needs to move forward from the "piecemeal" approach currently adopted towards a two-tier system and separate professionals from "lay" board members and trustees, a study produced by Brian Holden has recommended.

  • News

    Dutch given option to delay state pension

    2008-11-20T11:30:00Z

    [12:30 CET 20-11] NETHERLANDS - Dutch citizens will be given the opportunity to delay receiving their state pension AOW for up to five years, in return for a higher benefit payout.

  • News

    Three months grace on indexation label

    2008-11-18T15:45:00Z

    [16:45 CET 18-11] NETHERLANDS - The Financial Markets Authority, the supervisor for pensions communication, has revealed funds will be given three months' leeway on the introduction of the indexation label while they cope with ongoing turmoil in the financial markets.

  • News

    401(k) model could up pensions by 30%

    2008-11-18T15:25:00Z

    [16:25 CET 18-11] UK - The Pension Policy Institute (PPI) has claimed introducing early access to pension savings on a ‘loans and withdrawals’ model similar to the US 401(k) could increase the aggregate size of pension funds by 30% by 2050.

  • Special Report

    After landfill

    November 2008 (Magazine)

  • Special Report

    Remuneration in the spotlight

    November 2008 (Magazine)

    The current market downturn has thrown the apparent mismatch between executive performance and pay into sharp focus. Nina Röhrbein reports

  • The fetters come off
    Features

    The fetters come off

    November 2008 (Magazine)

    Until now, Sweden’s AP7 has not had the benefit of a level playing field. That is about to change, finds George Coats

  • Special Report

    HGB gets a facelift

    November 2008 (Magazine)

    German accounting reform will make book reserve pensions less attractive and will give Pensionsfonds the advantage over CTAs