All IPE articles in November 2008 (Online) – Page 3

  • Customers want equities in their pension - Danica
    News

    Customers want equities in their pension - Danica

    2008-11-24T15:25:00Z

    [16:25 CET 24-11] DENMARK – Danish pension policyholders are choosing to use retirement savings plans with a high holding in equities, despite the current economic climate, suggest figures from Danica Pension.

  • 'Common language needed' for pensions
    News

    'Common language needed' for pensions

    2008-11-24T15:00:00Z

    [16:00 CET 24-11] EUROPE – The continuing row over pensions solvency and differing regulatory systems could be solved by developing a common language for pensions, regardless of the provider or delivery, according to Jos Streppel, chief financial officer at Aegon NV.

  • Credit crunch demands practical thinking – Jeurissen
    News

    Credit crunch demands practical thinking – Jeurissen

    2008-11-21T10:50:00Z

    [11:50 CET 21-11] NETHERLANDS – Pension funds need to respond with practical policy adjustments to the current credit crisis, according to Theo Jeurissen, chief investment officer of the €33bn Dutch metal pension fund PMT.

  • Credit crisis is opportunity for SRI - Pearce
    News

    Credit crisis is opportunity for SRI - Pearce

    2008-11-21T10:50:00Z

    [11:50 CET 21-11] UK - The current credit crisis and market turmoil could present real opportunities for responsible investment as the weaknesses of the existing financial sector are exposed, suggests Howard Pearce, head of environmental finance and pension fund management at the Environment Agency.

  • Costs could drive more pension mergers - Rohde
    News

    Costs could drive more pension mergers - Rohde

    2008-11-21T10:45:00Z

    [11:45 CET 21-11] DENMARK - Growing pressure on pension funds to take advantage of economies of scale, particularly in the current financial climate, could lead to the end of smaller company pension funds, the chief executive of ATP has predicted.

  • Outperforming active managers 'difficult to find'
    News

    Outperforming active managers 'difficult to find'

    2008-11-21T10:40:00Z

    [11:40 CET 21-11] EUROPE – Selecting active managers who outperform on a constant basis has proven difficult for pension funds, a panel of pension experts has argued at a seminar of the annual IPE Awards.

  • Complex products need transparency to survive
    News

    Complex products need transparency to survive

    2008-11-21T10:35:00Z

    [11:35 CET 21-11] EUROPE - The credit crisis will not signal the end of complex products but there will be a reversion by some investors to "dull and boring products", delegates at the IPE awards have been told.

  • Call for pension sea change
    News

    Call for pension sea change

    2008-11-21T10:30:00Z

    [11:30 CET 21-11] EUROPE - Pension funds, asset managers and consultants need to completely change the way they are working together to ensure the future of pension provision but not through new outside regulation, Amin Rajan, CEO of Create-Research, told delegates at the IPE seminar in Barcelona yesterday.

  • Skinner calls for more reliance on private pensions
    News

    Skinner calls for more reliance on private pensions

    2008-11-21T10:20:00Z

    [11:20 CET 21-11] EUROPE – Peter Skinner, European Parliament rapporteur for Solvency II, has suggested the public sector should begin to rely more on private pensions.

  • Returns drive Turkish demand for fixed income
    News

    Returns drive Turkish demand for fixed income

    2008-11-21T10:15:00Z

    TURKEY - The global finance crisis is encouraging Turkish pension savers to transfer their assets to fixed income pension funds, according to Meral Egemen, general manager of AvivaSA, the €631m joint venture between Aviva Plc and Turkey’s Sabanci group.

  • Romanian funds shrink equity exposure
    News

    Romanian funds shrink equity exposure

    2008-11-21T10:00:00Z

    ROMANIA – Investment in equities by the newly-established Romanian second pillar funds has now reached a record low of 2% at end-October.

  • Infrastructure needs investment - Boender
    News

    Infrastructure needs investment - Boender

    2008-11-21T10:00:00Z

    [11:00 CET 21-11] NETHERLANDS – Guus Boender, and asset liability management professor and partner of ORTEC in Rotterdam, is calling on pension funds to look beyond 'financial titles and invest in logistical and social infrastructure of countries.

  • Longevity risk is the 'main issue' for pension funds
    News

    Longevity risk is the 'main issue' for pension funds

    2008-11-21T09:45:00Z

    [10:45 CET 21-11] EUROPE - Pension funds' "exposure to longevity risk" is still the main liability issue facing pension funds today, Professor David Blake, director of the Pensions Institute at Cass Business School, has warned.

  • And the IPE Awards 2008 winners are…
    News

    And the IPE Awards 2008 winners are…

    2008-11-20T23:15:00Z

    [00:15 CET 21-11] EUROPE – De Eendragt Pensioen NV, the pension provider for the paper and packaging industry pension fund, was tonight named as the ‘best of the best’ European pension funds at the IPE Awards 2008 while Philip Neyt was honoured with an award for his Outstanding Contribution to ...

  • Fix regulatory 'downward spiral' – Van Nunen
    News

    Fix regulatory 'downward spiral' – Van Nunen

    2008-11-20T15:30:00Z

    [16:30 CET 20-11] EUROPE – Fiduciary management consultant Anton van Nunen has warned one of the most imminent problems pension funds no face is the downward spiral caused by regulation from which pension funds currently suffer.

  • Swiss households lost CHF1.8m through 2nd pillar
    News

    Swiss households lost CHF1.8m through 2nd pillar

    2008-11-20T15:15:00Z

    [16:15 CET 20-11] SWITZERLAND – Swiss households’ savings in Pensionskassen and insurances grew only half as much as in 2007 than in the year before, according to the Swiss National Bank (SNB).

  • Managers urge funds 'ask questions'
    News

    Managers urge funds 'ask questions'

    2008-11-20T15:10:00Z

    [16:10 CET 20-11] IPE SEMINAR – Asset managers say pension funds should ask a lot of questions on managers’ approaches and general market assumptions in times of crisis, in order to make the right investment decision.

  • Schemes advised 'create two-tier governance'
    News

    Schemes advised 'create two-tier governance'

    2008-11-20T14:45:00Z

    [15:45 CET 20-11] IPE SEMINAR - Pension fund governance needs to move forward from the "piecemeal" approach currently adopted towards a two-tier system and separate professionals from "lay" board members and trustees, a study produced by Brian Holden has recommended.

  • ING IM snaps up Altis (amended)
    News

    ING IM snaps up Altis (amended)

    2008-11-20T14:30:00Z

    [15:30 CET 20-11] SWITZERLAND/ NETHERLANDS – Altis Investment Management, the Swiss-based multi-manager affiliated to Cardano, has been bought by ING Investment Management.

  • Guernsey consults on state pension reforms
    News

    Guernsey consults on state pension reforms

    2008-11-20T13:00:00Z

    [14:00 CET 20-11] UK – The States of Guernsey has issued a consultation paper on possible reforms to the state pension which include raising the retirement age to 70 by 2050, as officials say social security funds will run out by 2040 if no changes are made.