All IPE articles in November 2007 (Online) – Page 7

  • News

    'Brave new world' cited for investment

    2007-11-20T15:45:00Z

    [16:45 CET 20-11] UK – Four ‘winning strategies’ will provide the majority of growth for the investment management industry, according to a new white paper.

  • News

    Spanish revealed as greatest shareholder voters

    2007-11-21T10:00:00Z

    [11:00 CET 21-11] EUROPE - Companies in Spain see a higher level of shareholder voting than those in other European countries, reveals a report on proxy voting patterns across Europe.

  • News

    Poland urged 'open foreign investment and prevent crash'

    2007-11-21T10:30:00Z

    [11:30 CET 21-11] POLAND – Current restrictions on pension funds for investment in foreign equities and the use of derivatives could lead to a crisis on the Warsaw stock exchange, Krzysztof Rybiński, deputy president of the National Bank of Poland, has warned.

  • News

    Wednesday people roundup

    2007-11-21T12:45:00Z

    [13:45 CET 21-11] GLOBAL – People roundup: ATP, Akkermans Stroobants & Partners, Punter Southall, Watson Wyatt, Aon, BNP, Santander, Otane, ICML, Jupiter, Barings, Credit Suisse, CFA.

  • News

    Mercer plans catch up with Höfer merger (Updated)

    2007-11-21T13:00:00Z

    [Updated at 15:10 CET 21-11] GERMANY - Mercer Germany's Frankfurt-based operation and German pension consultant Höfer Vorsorge-Management are discussing a possible merger.

  • News

    SEC risks reputation over investor rights, warns USS

    2007-11-21T13:30:00Z

    [14:30 CET 21-11] US/UK - The US Securities and Exchange Commission will miss the chance to show it is serious about investor rights if it forges ahead with a ruling stopping shareholders putting forward candidates for corporate boards, according to UK pension fund the Universities Superannuation Scheme (USS).

  • News

    Flexibility deters schemes from fiduciary management - KPMG

    2007-11-21T14:00:00Z

    [15:00 CET 21-11] NETHERLANDS - Doubts about managers’ ability to deliver flexibility prevent many Dutch pension funds from choosing fiduciary management, claims accountancy advisory firm KPMG.

  • News

    EFRP seeks regulatory slowdown

    2007-11-21T15:00:00Z

    [16:00 CET 21-11] EUROPE – The directive on Institutions for Occupational Retirement Provisions (IORP) needs more time to deliver according to a new survey by the European Federation for Retirement Provision (EFRP).

  • 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.

  • 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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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.