Latest on Regulation & Reform – Page 426

  • News

    PPF seeks help to clean up scheme data

    2007-10-25T11:00:00Z

    [12:00 CEST 25-10] UK – The Pension Protection Fund (PPF) is tendering for services to review data of incoming pension schemes.

  • News

    Collectum computer crash forces ITP extension

    2007-10-24T13:00:00Z

    [14:00 CEST 24-10] SWEDEN – Collectum, the online services responsible for pooling money within Sweden’s white-collar pension scheme ITP, has extended the period within which people decide where to invest their money because of technical difficulties.

  • News

    Pension experts disagree over deferred benefits

    2007-10-23T15:00:00Z

    [16:00 CEST 23-10] UK – The National Association of Pension Funds (NAPF) has backed a proposal by the government to half the cap on indexation of deferred retirement benefits, but consultancy experts have criticised such reforms.

  • News

    Scottish MPs plan 'flexible retirement'

    2007-10-23T14:30:00Z

    [15:30 CEST 23-10] UK – Nearly half of Scottish members of parliament (MSPs) would be able to claim their pensions while still serving, under new plans being considered by the Scottish Parliament.

  • News

    Eumedion sees detriment in 'acting in concert' plan

    2007-10-23T14:30:00Z

    [15:30 CEST 23-10] GERMANY/NETHERLANDS - German government proposals to sharpen the rules on 'acting in concert' will be detrimental to the attractiveness of the German capital markets, said Eumedion, the Dutch platform for institutional investors.

  • News

    Tesco staff have lower life expectancy - study (Update)

    2007-10-23T13:30:00Z

    [14:30 CEST 23-10] UK – Life expectancy of individuals varies significantly, not only by the size of the pension fund analysed but also by industry sector, suggests new research by Pension Capital Strategies (PCS) and Continuous Mortality Investigation (CMI).(Update with quotes from Charles Crowling)

  • News

    ABP sets date for fund’s split

    2007-10-22T15:45:00Z

    [16:45 CEST 22-10] NETHERLANDS – The €215bn Dutch ABP pension scheme has today named the date for its earlier announced split into a fund and an - as yet nameless - separate administration body.

  • News

    DWP starts own IORP review

    2007-10-22T15:40:00Z

    [16:40 CEST 22-10] UK – The Department for Work and Pensions (DWP) has issued a consultation paper to find out how successful occupational pension schemes have been in implementing the European pension fund directive IORP.

  • News

    T-Charter labelled as 'too weak'

    2007-10-22T14:00:00Z

    [15:00 CEST 22-10] GLOBAL – Standards set by the newly-launched charter for best practice in transition management should be raised, State Street, Barclays Global Investors (BGI) and Russell Investments have demanded.

  • News

    New NHS fund gives equal deal to Scots

    2007-10-19T13:55:00Z

    [15:00 CEST 19-10] UK – Scottish cabinet ministers yesterday announced health care workers in Scotland have earned the same pensions deal as colleagues in England and Wales.

  • News

    Not all wealth fund investment welcome - Barroso

    2007-10-19T13:50:00Z

    [16:00 CEST 19-10] EUROPE – EU member states should take a common approach to protect the union from investments out of line with standards set by the European Union, said José Manuel Barroso, president of the European Commission.

  • News

    Swiss get incentives to work longer

    2007-10-19T11:11:00Z

    [13:00 CEST 19-10] SWITZERLAND – Employees who work beyond the statutory retirement age can continue to pay into their third pillar pension provision for five years, the government has decreed.

  • News

    ÖPAG reveals cross-border destinations

    2007-10-19T11:10:00Z

    [13:00 CEST 19-10] AUSTRIA – The €1.9bn multi-employer Pensionskasse ÖPAG is in negotiations with Germany and Slovenia to set up second-pillar pension operations.

  • News

    Consultants’ study wants Irish annuity rules eased

    2007-10-18T16:07:00Z

    [17:10 CEST 18-10] IRELAND – The government should reconsider the obligation for defined contribution occupational scheme members to buy annuities at retirement, a study on the Irish annuity market recommends.

  • News

    Options galore in Irish pensions green paper

    2007-10-17T15:43:00Z

    [16:50 CEST 17-10] IRELAND – The government today presented the long-awaited green paper on pensions including issues like scheme funding, retirement age and work flexibility – but giving no recommendations.

  • News

    UK consumers get say in personal accounts

    2007-10-17T15:34:00Z

    [16:50 CEST 17-10] UK – Various consumer groups have been invited by the Department for Work and Pensions (DWP) to join a committee to work with the Personal Accounts Delivery Authority (PADA).

  • News

    Dutch supervisor appoints new pensions director

    2007-10-17T12:31:00Z

    [13:30 CEST 17-10] NETHERLANDS – The Dutch central bank and pension supervisor, DNB, has appointed Joanne Kellermann as its new director.

  • News

    ECJ rejects retirement age discrimination claim

    2007-10-16T13:35:00Z

    [14:40 CEST 16-10] SPAIN – The European Court of Justice (ECJ) today has rejected Félix Palacios de la Villa’s age discrimination claim against his employer, clothing company Cortefiel Servicios SA.

  • News

    Swedish supervisor to review small funds’ risk management

    2007-10-16T12:28:00Z

    [13:30 CEST 16-10] SWEDEN – Supervisory body Finansinspektionen (FI) said it will check whether risk management matches the investment strategy at smaller pension funds.

  • News

    Two Dutch schemes to move to Mercer pan-European vehicle

    2007-10-15T12:51:00Z

    [15:00 CEST 15-10] EUROPE - Two multinational companies are considering moving their Dutch pension activities into a pan-European pension scheme based in Ireland, claims Mercer.