Latest on Regulation & Reform – Page 450
-
Special Report
Skilled delegates the way to ensure democracy
Paid pension fund staff clearly need thorough training in the business area relevant to their role. But the decision-making process at a fund involves many others. In Denmark, more pension funds are taking a serious look at the skills of their delegates elected by members, says Claus Skadhauge, head of ...
-
Features
Entering into the 26th regime
Proposals for 26th regime pension products come under the critical gaze of the Dutch pension insurers association working party on these products
-
Features
Finnish proposal garners support
Twenty five EU member states are backing a diluted version of the directive on portability of supplementary pensions, as Jeremy Woolf reports
-
Features
Tax and pan-European pensions
A big barrier to pan-European pensions - taxation - is being lifted, according to the European Commission’s (EC) Peter Schonewille. Speaking at Multi Pensions 2006 in Amsterdam, Schonewille said that cross-border tax deductions for contributions paid to pension funds in other member states no longer presented an obstacle in 20-22 ...
-
News
Dutch insurers have €31bn pension liabilities - DNB
NETHERLANDS - Dutch life insurers have pension liabilities totalling €31.2bn, pensions regulator De Nederlandsche Bank said.
-
News
Dutch funds return to equities - DNB
NETHERLANDS – Dutch pension funds invest more in equities now than they did during the internet boom, according to a study by Dutch pensions regulator De Nederlandsche Bank (DNB).
-
News
Varma CEO to chair new market association
FINLAND – Matti Vuoria, chief executive of Varma Mutual Pension Insurance Co., has been elected chairman of Finland’s new Securities Market Association.
-
News
Dismay at €1bn UK pension protection levy
UK – The Pension Protection Fund’s announcement that it plans to levy an estimated £675m (€1bn) on pension funds in 2007/8 – more than double the previous levy – has been met with dismay by commentators.
-
News
Dutch MPs approve FTK parameters
NETHERLANDS – The Dutch parliament has approved the parameters of the new financial assessment framework for pension funds, or FTK, as proposed by Social Affairs minister Aart Jan de Geus.
-
News
Association of British Insurers’ pension head leaves
UK – Chris Kenny, head of pensions at the Association of British Insurers (ABI), will be leaving the organisation as of tomorrow.
-
News
Dutch Maxeda scheme eyes transfer to industry fund
NETHERLANDS – The corporate pension fund of retailer Maxeda will transfer to the €4.6bn industry wide pension fund for the retail industry (BPFD), the firm has confirmed today.
-
News
Investment Management Association gets new chair
UK – The UK’s Investment Management Association, the asset management trade body, has named Robert Jenkins as its new chairman.
-
News
Swiss banking watchdog rejects pensions role
SWITZERLAND – Eugen Haltiner, president of Switzerland’s banking watchdog (EBK), has rejected the notion that regulation of Swiss pension funds (Pensionskassen) would be improved if it were immediately handed over by the EBK.
-
News
Denmark tops European pensions rankings - Aon
EUROPE – Denmark tops Aon Consulting’s new ‘European Pensions Barometer’ – with accession countries Estonia and Latvia also making the top four.
-
News
AMF Pension issues warning on Swedish reform
SWEDEN – The Swedish pension fund AMF Pension argues that the recent pension reform will fail if the government does not put more resources into pension education and information.
-
News
Turkey implements new pension parameters
TURKEY – The Turkish government says it will implement new pension parameters to help put its medium-term finances on a secure footing.
-
News
PGGM confirms asset management-admin split
NETHERLANDS – The €77bn healthcare and social workers’ scheme PGGM, has officially announced the separation of its asset management and administration activities.
-
News
DNB plans principles-based pensions supervision
NETHERLANDS – Dutch pensions regulator De Nederlandsche Bank (DNB) will ease its supervision on pension funds, banks and insurers in favour of monitoring compliance to principles, rather than strictly regulations.
-
News
Too much choice confusing, says ABP chief
NETHERLANDS - Pension funds should limit the freedom of choice for new collective schemes, otherwise workers will face considerable financial uncertainties, says Dick Sluimers, deputy chair of the executive board at Dutch civil service scheme ABP.
-
News
Dutch govt says indexation text not yet mandatory
NETHERLANDS - Pension funds don’t have yet to use the exact text of the indexation matrix in the communication to their participants, Social Affairs minister Aart Jan de Geus says.
