News – Page 136
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NewsIFRS S-1, S-2 implementation support takes priority, investors tell ISSB
Mixed views on which projects to prioritise, but there was general support for working on at least one of four proposed sustainability projects
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NewsKLP, NBIM and AP funds among first to commit to nature disclosures
TNFD is working with the EU’s sustainability-related reporting body, EFRAG, to map the relationship between different nature-related standards being developed
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NewsEuropean pension funds turn to co-filing at Shell to up climate credibility
Co-ordinator Follow This hails escalation by 27 leading investors
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NewsAegon compensates customers for inappropriate interest rate hedge hike
The insurer had increased the interest rate hedge of a pension product with an offensive risk profile from 45% to 85% in the summer of 2021
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NewsFailure to attract diverse talent is key barrier for trustees to improve DEI
Cardano research shows that absence of comprehensive diversity data poses significant risk to the effective measurement of DEI and the progress of initiatives across pension industry
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NewsGerman DAX companies’ funding ratios peak to 81%, says Mercer
Pension investors continue to opt for Pensionsfonds and other vehicles to reduce pension obligation risks
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NewsGuilbert UK Retirement Benefits Plan completes bulk annuity transaction
The transaction sees Aviva insure the benefits of around 1,500 scheme members
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NewsItalian government plans pension reform for longer working life
Giorgia Meloni’s government is close to abolish the ‘Fornero law’, despite having defined more stringent requirements for early retirement, says Claudio Durigon
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NewsSweden’s FTN picks Inalytics as one of its equity selection tools
Premium pension platform agency manager has appointed the UK behavioural analysis provider to supply decision analytics
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NewsReferendum on Dutch pension transition ‘logical’, says architects fund
This week, political party NSC is likely to propose a referendum about the transition of DB accruals to DC
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NewsItalian parliamentary committee to investigate schemes’ investment policies
The investigations aim to understand ongoing challenges posed by Italy’s aging population, the green transition, the changing labour market and macroeconomic environment
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NewsGerman employers group slams government’s plan to cut funds to first pillar scheme
A further reduction in the amount of public subsidies for first pillar pensions mean contribution rate will have to increase again sooner, or to a greater extent, says BDA
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NewsNorway’s SWF builds up stewardship team in New York
With North American assets making up nearly half the €1.4trn SWF’s equity fortune, gaining more first-hand experience in the region is key for GPFG, says governance chief
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NewsDutch fiduciary transfers dry up in 2023
The reason for this is believed to be the upcoming transition from a DB system to DC arrangements
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NewsP+, PBU and Nordea top Danish pension fund returns
Illiquid asset returns ‘modest’ in 2023, says Nikolaj Holdt Mikkelsen, blaming lack of write-downs the year before
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NewsKENFO excludes infrastructure assets in oil and gas sector
The fund will not provide new financing for these assets unless they comply with net zero targets set by NZAOA
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NewsSwiss corporate schemes’ funding ratios fall to two year low
WTW recommends companies to closely monitor changes in discount rates this year
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NewsATP increases focus on digitisation in new group strategy
Bare bones of Danish pensions giant’s new strategy emerge – no details on investment approach
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NewsNordic pension funds split over owning Saudi Aramco
AP7 said it is in dialogue with KLP about exclusion of the world’s biggest oil company
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NewsNumber of trustees planning to step down decreases, survey shows
Charles Stanley survey shows number of trustees planning to step down within three years decreased to 73% from 80% the previous year
