All IPE articles in November 2007 (Online) – Page 3

  • News

    LPFA searches for data printer in era of scrutiny

    2007-11-26T15:00:00Z

    [16:00 CET 26-11] UK – The London Pension Fund Authority is seeking a firm able to print and deliver payslips to its pensioner members, at a time when government authorities have revealed errors in its own delivery of individuals’ personal information.

  • News

    IPE-Quest: Funds sought for Danish portfolios

    2007-11-26T14:15:00Z

    [15:15 CET 26-11] DENMARK – Danske Capital is searching for an emerging markets Asia and an Indian equity manager to supply active management to its global emerging markets and fund of funds portfolios.

  • News

    SEB expands into alternatives with purchase

    2007-11-26T12:00:00Z

    [13:00 CET 26-11] SWEDEN - Skandinaviska Enskilda Banken (SEB) has announced it has reached an agreement to acquire 100% the shares in Key Asset Management (KAM) for and undisclosed sum.

  • News

    Finnish church takes the SRI path

    2007-11-23T15:45:00Z

    [16:45 CET 23-11] FINLAND – The Central Church of Finland has awarded two SRI European equity mandates, worth €60m.

  • News

    Panel finds SRI guarantees good future returns

    2007-11-23T15:35:00Z

    [16:35 CET 23-11] EUROPE – Adopting an environmental, social and governance (ESG) approach beyond a negative selection of companies in a portfolio should lead to better performance.

  • News

    DAX blue-chip gets Pensionsfond approval

    2007-11-23T15:30:00Z

    [16:30 CET 23-11] GERMANY – Munich-based mechanical engineering group Man AG has received regulatory approval for its Pensionsfond within its contractual trust agreement (CTA).

  • News

    Lawyers question Walker silence on pensions

    2007-11-23T15:25:00Z

    [16:30 CET 23-11] UK – The Walker review on private equity should look more closely at the role and involvement of the pensions industry in private equity, according to law firm LG.

  • News

    AMF tops the ITP pensions bill

    2007-11-23T15:15:00Z

    [16:15 CET 23-11] SWEDEN - AMF Pension now manages over one-quarter of young Swedish white-collar worker pension accounts, following the opening of the ITP to a wider base of pension providers.

  • News

    NTGI brings EM exposure to smaller investors

    2007-11-23T15:00:00Z

    [16:00 CET 23-11] GLOBAL - Northern Trust Global Investors is extending its emerging markets quant index service to small pension funds, through a pooled quant index fund linked to the MSCI EM index.

  • News

    Physios' scheme to grant 9% indexation

    2007-11-23T13:00:00Z

    [14:00 CET 23-11] NETHERLANDS - The €1.8bn occupational pension funds for physiotherapists SPF will grant its participants an indexation next year of no less than 9.08%.

  • News

    Hewitt strengthens presence in Austria

    2007-11-23T10:00:00Z

    [11:00 CET 23-11] AUSTRIA – Hewitt has signed a co-operation agreement with the Austrian firm ‘Benefit Consulting’ to increase its exposure in Austria.

  • News

    Reforms could reduce pension injections - PPI

    2007-11-22T15:45:00Z

    [16:45 CET 22-11] UK – The UK Pensions Policy Institute is warning pensions contributions could be £10bn (€14bn) lower in 2050 than today if employers pay only the minimum contribution when personal accounts are introduced in 2012.

  • News

    Greece plans pension funds merger

    2007-11-22T15:45:00Z

    [16:45 CET 22-1] GREECE – The Greek Ministry of Employment has announced pension reform proposals which will see 154 pension funds rolled into just 14, in a bid to improve the financial health of the system.

  • News

    Optas' art deal 'morally contemptible' – Borgdorff

    2007-11-22T15:45:00Z

    [16:45 CET 22-11] NETHERLANDS – Peter Borgdorff, exiting chairman of the Dutch VB, has labelled plans to use the surplus from the former Rotterdam harbour pension fund to subsidise art as “morally contemptible”.

  • News

    Irish funds see 2007 returns wiped out

    2007-11-22T15:00:00Z

    [16:00 CET 22-11] IRELAND – Some Irish pension funds have seen such huge losses to their equity investments during the month of November it has now eroded all of the €9bn gains earned this year, according to data presented by Mercer Consulting.

  • News

    McCreevy: Solvency II needs more work

    2007-11-22T14:15:00Z

    [15:15 CET 22-11] EUROPE - Charlie McCreevy, the European commissioner for internal markets and services, believes further work is needed before EU member states can commit themselves to the Solvency II regime.

  • News

    Pension increase ‘not helpful’ for second pillar - consultant

    2007-11-22T14:00:00Z

    [15:00 CET 22-11] AUSTRIA – Raising the state minimum pension and telling voters a raise of retirement age was ‘not necessary’, and is not helping to further develop second pillar retirement provision, Peter Prandstätter, managing director of Benefit Consulting, has told IPE.

  • News

    Trustee case reveals need for documents

    2007-11-22T13:30:00Z

    [14:30 CET 22-11] UK - A recent move by the UK pensions ombudsman to rule on a dispute rather than giving the trustees a second chance highlights the need for trustees to keep records of decision-making, pensions lawyers have declared.

  • News

    Carnegie EGM votes on new chair

    2007-11-22T12:30:00Z

    [13:30 CET 22-11] SWEDEN - Stockholm-based Carnegie bank has elected Anders Fällman - chief executive of Carnegie shareholder Invik - as its new chairman, despite recent calls for an independent chairman to see the bank through its current troubles.

  • News

    IPE-Quest: Dutch fund seeks fiduciary manager

    2007-11-21T15:50:00Z

    [16:50 CET 21-11] NETHERLANDS - A Dutch corporate pension fund is searching for a fiduciary investment manager, using IPE-Quest.