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

  • News

    ABP and Cordares in merger talks

    2007-11-13T10:42:00Z

    [11:42 CET 13-11] NETHERLANDS – Giant Dutch pension fund ABP and pensions provider-cum-asset manager Cordares will this week start exclusive talks to explore a cooperation and a possible merger.

  • News

    SWIP finally secures new CEO

    2007-11-13T10:35:00Z

    [11:35 CET 13-11] UK - Dean Buckley has been named as the new chief executive of Scottish Widows Investment Partnership (SWIP), almost 10 months after the position became vacant.

  • News

    Danish politicians support pensions charge system

    2007-11-12T15:45:00Z

    [16:45 CET 12-11] DENMARK - Eight of Denmark’s nine political parties have backed a proposal to create a standardised measure for pension scheme costs, according to a poll conducted ahead of tomorrow’s general election in the country.

  • News

    Pension funds caught up in insurance competition row

    2007-11-12T15:40:00Z

    [16:40 CET 12-11] NETHERLANDS - The Dutch Association of Insurers (VvV) is urging Social Affairs’ minister Piet Hein Donner not to allow pension funds to sell income protection schemes as a disability insurance pension, because it would give them an unfair competitive advantage.

  • News

    Experts criticise social tax exemption

    2007-11-12T15:15:00Z

    [16:15 CET 12-11] GERMANY – Finance experts fear there could be negative effects from a move by the German government to ensure money transferred to pension funds, as part of a person's salary, will remain exempt from social tax indefinitely.

  • News

    Consumer body 'disappointed' with Dutch funds

    2007-11-12T15:15:00Z

    [16:15 CEST 12-11] NETHERLANDS – Only one in five pension funds so far has implemented the new uniform pension statement (UPO), despite earlier agreements, says Dutch consumer organisation Consumentenbond.

  • News

    Standard Life leaves Pearl to pursue Resolution

    2007-11-12T15:00:00Z

    [16:00 CET 12-11] UK – Insurance and investment firm Pearl Group is one step closer to a merger with rival firm Resolution Group as Standard Life has now pulled out of talks to buy the asset house.

  • News

    Horeca names new head of investments

    2007-11-12T14:00:00Z

    [15:00 CET 12-11] NETHERLANDS - Horeca & Catering (PH&C), the €2.8bn pension fund for the Dutch hotel, restaurant and catering industry, has announced Ernst Hagen will become its new head of investments.

  • News

    Equal tax treatment for Hungarian IORP

    2007-11-12T12:00:00Z

    [13:00 CET 12-11] HUNGARY – New Hungarian institutions for occupational retirement provision (IORP) will get the same tax treatment as existing voluntary pension funds and personal pensions, IPE has learnt.

  • News

    Belgium eyes promotion agency

    2007-11-12T10:30:00Z

    [11:30 CET 12-11] BELGIUM – The Belgian Pension Funds Association (BVPI-ABIP) is working on establishing an agency to promote itself to multinationals abroad as a pension centre, IPE has learnt.

  • News

    Dutch regulator demands funds step up work

    2007-11-09T15:45:00Z

    [16:45 CET 09-11] NETHERLANDS – The Dutch pension regulator and central bank DNB wants corporate pension funds to increase their efforts to secure durable pension systems, DNB director Arnold Schilder has said.

  • News

    Pension Corp demands Telent trustees' exit

    2007-11-09T15:45:00Z

    [16:45 CET 09-11] UK - Pensions Insurance Corporation (PIC) has threatened to lapse its offer on telecoms group Telent, unless the regulator removes the independent trustees it appointed to Telent's £3bn (€4.3bn) pension fund last month.

  • News

    Irish bodies increase mandate needs

    2007-11-09T15:30:00Z

    [16:30 CET 09-11] IRELAND – The Irish Pensions Board and National Treasury Management Agency (NTMA) have issued several mandates to assist with pension fund management, including a tender for a €600m emerging markets investment.

  • News

    Small company schemes "gain from cooperation" - PWC

    2007-11-09T15:15:00Z

    [16:15 CET 09-11] NETHERLANDS - An upscaling of small and average-sized pension funds through some form of cooperation could improve governance and drive down costs, according to consultancy PricewaterhouseCoopers.

  • News

    Norway seeks real estate expertise

    2007-11-09T15:00:00Z

    [16:00 CET 09-11] NORWAY – The Norwegian Government Pension Fund – Global has effectively confirmed its intention to invest in real estate by tendering for a real estate investment consultant.

  • News

    Danish premier eyes PenSam programme

    2007-11-09T15:00:00Z

    [16:00 CET 09-11] DENMARK - Danish prime minister Anders Fogh Rasmussen visited the offices of labour market pension scheme PenSam this morning, to learn about a project to reduce the number of people taking early retirement on health grounds.

  • News

    Few schemes allow for longer longevity projections

    2007-11-09T11:00:00Z

    [12:00 CET 09-11] UK – Less than 1% of UK pension fund sponsors leave room for wider mortality improvement factors to value future liabilities, says Barnett Waddingham.

  • News

    Pensionskassen growth stagnates - GDV

    2007-11-09T10:00:00Z

    [11:00 CET 09-11] GERMANY – Germans remain cautious about investing money long-term despite good economic development, the association of German insurers (GDV) has found.

  • News

    NAPF calls for fresh Myners Review

    2007-11-08T15:45:00Z

    [16:45 CET 08-11] UK - The National Association of Pension Funds (NAPF) has suggested there should now be a complete review of the pensions principles set up by former head of Gartmore fund managers, Paul Myners, in 2001.

  • News

    Falls and outflows for ABN-buyer Fortis

    2007-11-08T15:45:00Z

    [16:45 CET 08-11] BELGIUM – Fortis, part of the banking-trio that has bought ABN Amro, has reported a 10% drop in quarterly profits, naming insurance claims and credit market turmoil as the culprit.