Latest on Regulation & Reform – Page 473
-
Features
Nuclear option for IORP?
After a somewhat quiet period, the directive on occupational pension funds is now very much back on the agenda at Brussels. It may be hard to believe but it’s now almost two and a half years since the Institutions for Occupational Retirement Provision (IORP) directive passed into European legislation. Member ...
-
Features
Firms in Germany plan pan-European schemes
Nearly half the big companies active in Germany plan to create some type of pan-European pension scheme by 2010 following the emergence of the EU pension fund directive, according to a new study by consultant Rauser Towers Perrin. The consultancy firm found 42% of the companies said they would create ...
-
News
EC tenders for savings market analysis
EUROPE – The European Commission has tendered a €400,000 contract for a comparative analysis of consumer long-term savings vehicles in the EU market.
-
News
New structured products law firm set up
EUROPE - A new law firm has been set up specifically to advise European institutions such as pension funds on the structured investment product market.
-
News
MEPs adopt asset management report
EUROPE – The European Parliament today adopted the Klinz report on asset management by a “clear majority”.
-
News
Big European funds back UN investment principles
EUROPE – Some of Europe’s largest pension funds have signed up to the United Nations’ new set of six responsible investment principles.
-
News
Hermes writes to VW on corporate governance
GERMANY – Hermes, the asset manager owned by the BT Pension Scheme, has written to German carmaker Volkswagen seeking an investigation over its corporate governance practices.
-
News
Julius Baer asset management chief von Ah quits
SWITZERLAND – Swiss private bank Julius Baer has announced that Roman von Ah, head of asset management for continental Europe, is stepping down as of April 28.
-
News
Latest “Blue Book” UK reference guide published
UK – The latest edition of ‘Pensions Funds and their Advisers’ – the “Blue Book” - has been published by AP Information Services in association with the National Association of Pension Funds.
-
News
Pension fund FX trading surges – Greenwich
GLOBAL – Pension fund and asset manager activity in the global foreign exchange market grew 48% last year according to consulting firm Greenwich Associates.
-
News
Call for streamlined Dutch pension supervision
NETHERLANDS – A Dutch MP has called for the dual supervision of the pensions industry – by the central bank and the AFM market authority – to be scrapped.
-
News
Pension portability directive “problematic”
EUROPE – The EU’s proposed directive on the portability of supplementary pension rights is “very problematic” due to issues about tax and supervision, according to the European Parliament’s ‘rapporteur’ for the measure.
-
News
Norway, Iceland missed out of pension directive
EUROPE – The European Economic Area states of Norway, Iceland and Lichtenstein have seemingly been left out in the cold regarding the adoption of the European occupational pension funds directive.
-
News
Austria: asset management degree offered
AUSTRIA – An advanced technical college in Vienna is offering a new master of science degree for quantitative asset management from this autumn.
-
News
German unions want mandatory corporate pension
GERMANY – The German Union Federation (DGB) has urged the government to make it compulsory for employers to offer corporate pensions to their employees.
-
News
Slovenia pension manager KAD reports profit
SLOVENIA – The supervisory board of the state-run €1.18bn Pension Fund Management, or Kapitalska Druzba (KAD), has reported a SIT15bn (€62m) net profit result for 2005.
-
News
EU raps 11 member states over pension directive
EUROPE – The European Commission has ratcheted up the pressure on 11 member states it says have not fully implemented the occupational pension funds directive.
