All IPE articles in May 2005 (Online) – Page 9
-
News
Ireland gives lowest pension replacement rates
GLOBAL – Ireland is the European country with the lowest net replacement rates of pensions to incomes within the Organisation for Economic Co-operation and Development (OECD).
-
News
West Sussex CC makes State Street sole custodian
UK - The 740 million pounds (Euro 1.08 billion) West Sussex County Council Pension Fund has consolidated custody of its assets under State Street Corporation, one of its existing custodians.
-
News
MN Services net profit increases by 94%
NETHERLANDS - MN Services, one of the largest Dutch pension fund administration and management services firms, says its overall net profit rose 94% in 2004 to €9.1m.
-
News
Three Danish schemes plan €5bn merger
DENMARK – The defined contribution pension schemes B&A Pension, HTS Pension and PKS - which cover nearly half a million workers - are to merge in a single entity worth DKK42bn (€5.7bn).
-
News
Ireland eyes pan-European pension role
IRELAND – The Irish government has stated its commitment to positioning itself as the domicile of choice for pan-European pension schemes following legislation to transpose the EU directive on occupational pensions.
-
News
Credit Suisse defeats pension funds at AGM
SWITZERLAND – A corporate governance motion brought by a group representing Swiss pension funds has been defeated at Credit Suisse Group’s annual general meeting.
-
News
Deutsche in €24bn European institutional inflow
EUROPE – Deutsche Bank says its asset management arm had €24bn of net institutional inflows in the first quarter of 2005.
-
News
Germany: 2006 pension freeze is “speculation”
GERMANY - The German social affairs ministry says a newspaper report indicating that the government is likely to bar an increase in the state pension for the third consecutive time in 2006 is “total speculation”.
