Latest on Regulation & Reform – Page 439
-
News
ASIP mulls quality label for trustee education
[10:51 CEST 21/05] SWITZERLAND – The Swiss pension fund association ASIP is considering the introduction of quality screening for education institutes offering training for trustees and pension managers.
-
News
Stats reveal fewer second-pillar pensions
[10:51 CEST 21/05] GERMANY – Almost 20% fewer German employees signed a contract with a Pensionskasse in the first quarter of 2007 compared with last year.
-
News
TFR changes give birth to three new funds
[17:00 CEST 18/05] ITALY – Italians working in the craftsmen, transport and agricultural sectors now have industry-specific pension funds.
-
News
Final module completes trustee toolkit
[16:50 CEST 18/05] UK – Information on 'Running your scheme' is the final module of the trustee toolkit assembled by The Pensions Regulator.
-
News
Time is running out on partial Parmalat deal
[17:08 CEST 17/05] EUROPE - Fresh calls are going out to European pension funds who may be interested in receiving a payout from a $50m (€37m) partial legal settlement related to the Parmalat collapse.
-
News
Limit powers of Personal Accounts Board, stakeholders urge
[17:04 CEST 17/05] UK – Stakeholders in the pensions industry want the authorities managing and setting up the individual accounts scheme in the UK to have a very focused and narrow remit, according to a study by the Pensions Policy Institute (PPI).
-
News
Finland to widen IORP into DC
[10:55 CEST 17/05] FINLAND – Finland is set to extend the implementation of the European pension fund directive (IORP) to cover defined contribution schemes, according to Matti Leppälä of the Finnish Pensions Alliance (TELA).
-
News
ABP heads for PUB
[16:46 CEST 15/05] NETHERLANDS – The board of Europe's largest pension fund is close to implementing fundamental changes to its structure, to stave off regulatory pressure on its additional insurance products, Jaap Maassen said today.
-
News
Tyco pays $3bn in settlement
[16:45 CEST 15/05] US – Electronics company Tyco International agreed to pay shareholders $2.975bn (€2.2bn) to settle accounting fraud claims.
-
News
Commission raps nine over cross-border tax
[17:18 CEST] EUROPE – European governments are being put under pressure by the European Commission and could face court action for being in breach of EU law for their taxation of foreign pension fund investors.
-
News
DNB faces pensioner healthcare pressure
[17:15] NETHERLANDS - The Dutch Central Bank (DNB), the main regulator of the Dutch pension sector, is facing its own pension crisis over the coming weeks as ex-employees of the DNB are taking the bank to court in relation to lower overall benefit payments.
-
Features
Crowding out enterprise annuity pensions
Victor Wong argues that, with China's basic pension system under increasing pressure, the enterprise annuity programme may be a casualty
-
Features
Widening the net in Pakistan
Moiz Mushir Ahmad Khan describes how Pakistan’s Voluntary Pension System has finally come into force
-
Special Report
Best practice in Malaysia
Tan Lye Huat highlights the progress being made in applying new corporate governance guidelines in Malaysia
-
Features
Smart solutions for the self-employed
The pension needs of the self-employed in Holland have been overlooked in the past, particularly their ability and willingness to bear risk. Alwin Oerlemans and Jeroen Tielman report on some of the solutions proposed at the recent PensionSummit
-
Features
Belgium baits the hook for Dutch pensions
Is the new pensions vehicle that Belgium has designed to encourage European pension schemes to domicile within its borders likely to attract Dutch pension funds? Carolyn Bandel finds out
-
News
Swiss second pillar “should up saver rates”
SWITZERLAND – A commission advising the government on second-pillar pensions has recommended Swiss pension funds raise the minimum interest rate on member savings to 2.75% per annum from 2.5% now.
-
News
Growth in German corporate pensions stagnates
GERMANY – Two out of three German companies offer employees a corporate pension provision, reaching around 78% of the working population, according to a study by German market research firm Psychonomics.
-
News
Portability compromise by end of May?
EUROPE – The German EU presidency is hoping to reach a compromise on the portability directive by the end of the month.
