Latest on Regulation & Reform – Page 489
-
News
Watson, Mercer, Hewitt have UK “stranglehold”
UK – New research claims the “big three” firms – Watson Wyatt, Mercer and Hewitt - dominate the UK corporate pension consulting market.
-
News
PGGM’s levensloop arm in outsourcing move
NETHERLANDS – PGGM’s new pension fund subsidiary Careon Levensloop has finalised a seven-year outsourcing contract with KAS Bank and Ordina.
-
News
We need to rethink pensions – EU’s Spidla
EUROPE – Vladimir Spidla, the European Union’s employment and social affairs commissioner, has called for a rethink of pension schemes and retirement – adding that early retirement is a shortsighted answer.
-
News
UK pension regulator finds “very poor” standards
UK – The Pensions Regulator has surveyed occupational pension schemes in the UK and found a lot of scope for raising standards – with often very poor standards seen in defined contribution.
-
Features
Risk moves centre stage
The UCITS III Directive has set Europe’s cats among the pigeons and has far reaching consequences for all institutional investors as regulators and investment manager trade organisations consider its impact on the broader issues of appropriate, and best, practice. This is none truer than in the field of risk management ...
-
Features
Pooling - waiting for the waters to stir
The Ashmolean Museum in Oxford owns an antique violin called the Messiah. It was made by Stradivarius in 1716 and remained in his family workshop until 1775 when it was sold by his son, Paolo, to an Italian dealer. From there, it passed to a collector, Luigi Tarsio, who used ...
-
News
Dutch regulations boost pension outsourcing
NETHERLANDS – Complicated pensions regulations have made direct pensions outsourcing “almost unavoidable”, according to the 100 delegates at a debate regarding the future of outsourcing.
-
News
Barclays nabs PSolve’s Orpin for UK pensions
UK – Barclays Capital says it has hired Gavin Orpin from PSolve Asset Solutions for its UK Pensions Solutions team.
-
News
Foreign managers gain in Dutch pension market
NETHERLANDS - Foreign asset managers have gained in the €528bn Dutch pensions market, according to consulting firm Bureau Bosch.
-
News
Workers ‘losing out’ in Irish building scheme
IRELAND – A report by consulting firm Mercer has found that workers in the Irish construction industry are losing out on benefits due to a loophole.
-
News
Study queries pension fund-low yield link
GLOBAL – A new academic study has questioned the notion that pension funds shifting into bonds will inevitably lead to long-term low bond yields.
-
News
DNB wants new reporting standard ahead of FTK
NETHERLANDS – The Dutch Central Bank has called on the pensions industry to contribute towards a new reporting requirement – essential before the implementation of the Financial Assessment Framework or FTK on January 1 2007.
-
News
UK: exodus at DeAM as Aberdeen deal closes
UK – Senior staff have already left or are set to leave Deutsche Bank’s former UK asset management operation this Friday following its acquisition by Aberdeen Asset Management.
-
News
No pension experts on new EU monitoring group
EUROPE – There are no pensions experts on the re-formed European financial services monitoring group, despite the fact that it was expanded earlier this year to take occupational pensions into account.
-
News
Oyens hires van Berckel for institutional role
NETHERLANDS – Former Commerzbank executive Gerard-Jan van Berckel has been appointed executive director for institutional clients at Dutch bank Oyens & Van Eeghen.
-
News
European pension directive comes into force
EUROPE - Directive 2003/41/EC on the activities and supervision of institutions for occupational pension schemes - the pension directive - is now in force across the 25 member states of the European Union.
