All articles by Martin Hurst – Page 6
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Features
Generous to a fault
Belgium’s 150 MPs retire on one of the most generous pensions of any parliamentarians in Europe - some 75% of final salary - which compares with around two-thirds of final salary in most other cases. But in terms of the length of time it takes to accumulate a full pension, ...
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Features
On fait des progrès
New energy, new sophistication and, not least, new money. France is gradually shedding its image as a land of relatively limited opportunity for institutional asset managers. This gathered pace last year with the issue of mandates worth E16bn by the Fonds de Réserve pour les Retraites (FRR), the first of ...
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News
Small Paris companies get second pillar boost
FRANCE – Small and medium sized firms in Paris got a pension boost today with the launch of the plan d'epargne salariale interentreprises de Paris (PESI).
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Features
Trouble at the top
Last December Ireland’s asset management industry was rocked by the sixth defection from Bank of Ireland Asset Management (BIAM) to Autralian financial services group Perpetual Trustees. BIAM was still reeling from the initial shock of the first four departures in October; now concerns regarding the bank’s ability to maintain its ...
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Special Report
The price of respect
If companies fail to understand how human rights issues could impact investment opportunities they and their shareholders will pay the price. This was the message that Howard Carter, chief executive of F&C gave at the recent Business and Human Rights Seminar. Recent issues around the world have posed questions for ...
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Special Report
Benchmarking behaviour
Investors are crying out for a single objective way to measure and compare corporate governance practices across broad range of companies in the index, explains Stanley Dubiel senior vice president and director at Institutional Shareholder Services (ISS), which together with FTSE launched the new joint corporate governance index (CGI) series ...
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News
Belgium sets up pension hotline - minister
BELGIUM – A new pension hotline in Belgium is set to go live tomorrow, pension minister Bruno Tobback says.
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News
KBCAM Ireland appoints new equities head
IRELAND – KBC Asset Management (KBCAM) has appointed Geoffrey Randells to the new position of head of equities.
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Features
Finns take a wrong turn
From January the mode of calculating the parliamentary pension in Finland will be changed. The pension will be calculated on the basis of the salary during the whole mandate of the member of parliment (MP); currently the pension is calculated on the basis of the salary of the last month’s ...
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Features
Dipping your toe in the pool
With computer giant IBM now apparently re-thinking the idea of pooling its European pension assets because of uncertainty over tax harmonisation, where exactly does that leave the whole pooling and pan-European pensions debate? In short, can pooling deliver on the hype? The company is understood to be unwilling to commit ...
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News
Pension portability directive seen in Spring
EUROPE – The European Commission is planning a draft directive on occupational pension portability for next Spring, according to a Brussels-based consultant at Hewitt Associates.
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News
Hermes sees conflict in government trustee plan
UK – Hermes, the pension manager owned by the BT Pension Scheme, has said there is a conflict between the demands for increased trustee professionalism and the requirement for members to nominate 50% of trustees.
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Features
In the sky with diamonds
The pension fund of Dutch national airline KLM was launched 70 years ago to provide pensions for its pilots, cabin crew and ground staff. There are three distinct funds to cater for the different and mostly very individual needs of the three groups of employees. At the end of last ...
