Latest on Regulation & Reform – Page 428
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News
ABP to give paid premiums information
[15:30 CEST 04-10] NETHERLANDS - ABP, the €215bn civil service scheme, is considering a plan to regularly update its participants on the level of contributions they have paid.
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News
Conference told of IORP problems for CEE states
[14:00 CEST 04-10] HUNGARY – The EU pension directive is having more of a negative than a positive affect on the pension systems of central and eastern European (CEE) countries, a conference in London's Chatham House was told.
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News
Irish DB closure total triples
[16:00 CEST 03-10] IRELAND – The number of employers that have closed their defined benefit schemes has risen from 12% to 39% in the last five years, a new study commissioned by the Irish Association of Pension Funds (IAPF) reveals.
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Dutch speed pension build up - DNB
[12:00 CEST 03-10] NETHERLANDS - A large portion of Dutch employees have been able to speed up the build-up of their pension in the past five years, according to pensions regulator De Nederlandsche Bank.
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Irish pensions green paper 'imminent'
[17:00 CEST 02-10] IRELAND – The Irish government is preparing to launch its delayed green paper on pension reform and is now expected to unveil it within the month.
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DWP clarifies section 75, issues new consultation
[17:00 CEST 02-10] UK – The Department of Work and Pensions (DWP) has clarified that triggering employer debt is only intended to prevent scheme abandonment.
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News
Pensions bodies urge minister to refine indexation
[17:00 CEST 01-10] NETHERLANDS - The umbrella organisations for pension funds and insurers and the Labour Foundation (STAR) have accused Social Affairs’ minister Piet Hein Donner of being in too much of a hurry to develop the indexation label.
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News
'If you don’t know it, don’t buy it' – Laboul
[16:45 CEST 01-10] EUROPE – Pensions funds should be more prudent to prevent losses on asset-backed securities related for instance to the recent US subprime credit crunch, says the OECD’s Andre Laboul.
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OECD to revise governance guidelines
[16:50 CEST 01-10] EUROPE – The Organisation for Economic Cooperation and Development (OECD) will revise its guidelines on the governance of pension funds, IPE has learned.
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Severance pay for self-employed
[15:00 CEST 01-10] AUSTRIA – Approximately 500,000 self-employed people will be granted access to the severance pay funds from next year.
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Features
Finding a half-way house
In the aftermath of several scandals,legislation introducing regulatory and governance changes is in the pipeline But, with moves towards regionalisation of supervision, George Coats finds that the debate on the issues is far from over
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Features
No man is an island
The Isle of Man government is keen to promote the island as an attractive place to locate a business. To this end, it has published proposals to simplify its tax regime for pensions, with the intention of enabling the Isle of Man to remain competitive with other countries. As such, ...
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News
One in four firms consider cross-border pension
[13:30 CEST 28-09] EUROPE - A quarter of large European company pension funds are thinking of introducing pan-European pension plans within the next 10 years, consultancy Towers Perrin has claimed.
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Lovells enters the class action fray
[17:00 CEST 27-09] EUROPE – Lovells, the UK pensions law specialist, is creating its own class action unit to support pension funds seeking securities class actions.
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Study admits statutory Swiss pensions governance needed
[16:30 CEST 27-09] SWITZERLAND – Self-regulatory pension fund governance may not be strong enough to protect pensions in Switzerland, suggests a pension fund study published by Swisscanto.
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News
EC takes portability directive forward
[12:00 CEST 27-09] EUROPE – The European Commission (EC) is breathing live into the recently-shelved EU pensions portability directive again through new proposals to the European Parliament.
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Pension reform unnecessary, says one half of gov’t
[11:00 CEST 27-09] AUSTRIA - The government coalition is split over a decision by the pension commission stating no reform of the retirement system is currently necessary.
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News
Swiss Life chooses Holland for assets base
[16:45 CEST 26-09] NETHERLANDS - Swiss Life Asset Management (SLAM) has moved a sizable chunk of its assets to the Netherlands because it claims the present legal structure for investment funds is considerably cheaper than the Luxembourg framework.
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News
ACA urges government to introduce pension reform
[16:33 CEST 25-09] UK – The Association of Consulting Actuaries (ACA) is urging the UK government to encourage risk-sharing schemes by introducing legislative reforms.
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eShare to set up online trustee forum
[16:30 CEST 25-09] UK – eShare, a UK provider of web-based governance tools, is setting an online discussion forum for pension fund trustees.




