All IPE articles in November 2009 (Online) – Page 7
-
News
Danica's traditional scheme returns 5.8%
17:15 CET 04-11] DENMARK – Danica Pension has reported a "satisfactory" return of 5.8% on its traditional pension plan in the first three quarters of the year.
-
News
RiskMetrics acquires KLD
[17:00 CET 04-11] GLOBAL - Risk management and corporate governance services provider RiskMetrics has announced its acquisition of KLD Research & Analytics, a provider of environmental, social and governance (ESG) research and indexes for institutional investors.
-
News
AP7 to launch new products following overhaul
[16:30 CET 04-11] SWEDEN - The Seventh Swedish National Pension Fund (AP7) will take a new shape after May 2010 and management is currently ironing out details for the launch of its new equity and fixed-income funds.
-
News
London transport authority seeks legal review of PPF levy
[16:00 CET 04-11] UK – Transport for London (TfL) is seeking a judicial review against the Pension Protection Fund (PPF) over an "unreasonable" levy of £9m (€10m) relating to the pension funds of the failed infrastructure provider Metronet.
-
News
Better data can help annuity pricing – DC experts
[15:00 CET 04-11] EUROPE – Policymakers can help DC scheme members by providing better data on longevity to ensure fair annuity pricing, says a report by the DC working group of the Groupe Consultatif, the European umbrella organisation of national actuarial associations.
-
News
UK roundup: Environment Agency, Leeds University, City of London
[15:00 CET 04-11] UK – The Environment Agency's £1.4bn (€1.6bn) Active Pension Fund has extended a global equity mandate. The University of Leeds is seeking a property manager for its non-USS pension scheme, and the City of London is searching for investment consultants.
-
News
Average Dutch cover ratio drops to 108%
[14:30 CET 04-11] NETHERLANDS - The average cover ratio of Dutch pension funds decreased two percentage points to 108% during October, according to Hewitt Associates.
-
News
Wednesday people roundup
[14:00 CET 04-11] GLOBAL – CEIOPS, Pension Protection Fund, Association of British Insurers, AP3, JP Morgan Asset Management, Pitmans Trustees Limited, Martin Currie Investment Management, Invesco Asset Management, Pictet Funds
-
News
Longevity market could double in 2010
[16:40 CET 03-11] UK - Longevity deals by pension funds could double in 2010 as the market is starting to see a convergence on price following the first few deals.
-
News
UK pension funds step up inflation hedge
[16:20 CET 03-11] UK – Pension funds hedged approximately £11.4bn (€12.68bn) in inflation liabilities in the third quarter of this year – a move which suggests attention is now turning inflation rather than interest rate risk, according to data presented by F&C’s latest liability-driven investments survey.
-
NewsFormer head of Valais fund convicted
[14:00 CET 03-11] SWITZERLAND – Ignace Rey, the former head of the teacher’s pension fund for the Swiss canton of Valais (RVKL), has been convicted of a string of offences and sentenced to four years' imprisonment.
-
News
Etera assets increase by €340m in Q3
[16:55 CET 03-11] FINLAND – Etera Mutual Insurance Company has reported a nine-month return of 8.3% and said the market value of its assets has increased to €5.2bn.
-
News
Super de Boer to lend €10m to its pension scheme
[14:30 CET 03-11] NETHERLANDS - Supermarket chain Super de Boer is lending its ailing pension fund €10m to resolve a dispute with pension officials about the scheme’s recovery plan.
-
News
Levensloop take-up stabilises at 10%
[13:30 CET 03-11] NETHERLANDS – Take-up of the Dutch tax-friendly life course or ‘levensloop’ savings scheme has stabilised as approximately 10% of workers were members of schemes in 2008, the Dutch Association of Insurers (VvV) has claimed.
-
NewsDanish SP money likely to be reinvested, claims PKA
[17:00 CEST 02-11] DENMARK - Members of Denmark’s closing SP pension scheme are likely to put the money that they will get back into savings and pensions, rather than simply spending the extra money, according to a new survey.
-
News
Poor governance hit Irish pensions funding - experts
[16:45 CET 02-11] IRELAND - Pensions experts have claimed that a lack of focus on governance strategy had as much to do with the recent lower funding levels of Irish pension schemes as investment strategy.
-
News
Luzern finally secures recovery plan
[16:30 CET 02-11] SWITZERLAND – The CHF4.3bn (€2.85bn) Pensionskasse for the canton of Luzern will increase its members' retirement age and introduce additional contributions to the scheme, in a bid to get it back to full funding.
-
News
Akzo Nobel scheme returns 9.4%
[16:15 CET 02-11] NETHERLANDS - The €3.9bn pension fund of paints giant Akzo Nobel returned 9.4% on investments during the third quarter of 2009, raising its cover ratio to 110%.
-
News
EC regs could increase derivative trading costs - APG
EUROPE - Dutch asset management firm APG Asset Management has raised concerns about European Commission proposals to regulate derivatives, and warned additional costs could be added to trading if activity is required to go through exchanges or central clearing houses.
-
News
UK roundup: Suffolk and Merseyside
[13:00 CET 02-11] UK – Suffolk County Council has awarded contracts for actuarial, investment and procurement support services for its £1.1bn (€1.23bn) pension fund. Meanwhile Merseyside Pension Fund is seeking investment advisers for the scheme's investment monitoring working party.
