All IPE articles in October 2007 (Online)

View all stories from this issue.

  • News

    Equities returned 6.85 in Q2 - DNB

    2007-10-01T10:30:00Z

    [11:30 CEST 01-10] NETHERLANDS - Equities were the best performing asset class for pension funds during the second quarter, returning an average 6.85%, pensions supervisor De Nederlandsche Bank has announced.

  • News

    UBS changes top team and cuts 1500 jobs

    2007-10-01T13:00:00Z

    [14:00 CEST 01-10] SWITZERLAND – UBS has announced a major reshuffle of its senior management following the recent market turbulence.

  • News

    Nest outperforms Swiss funds in SRI approach

    2007-10-01T13:30:00Z

    [14:30 CEST 01-10] SWITZERLAND – Nest, a CHF600m (€361m) Swiss corporate pension fund, is outperforming competitors with its strict socially responsible investment (SRI) approach, according to Nest chief executive Felix Pfeifer.

  • News

    Severance pay for self-employed

    2007-10-01T14:00:00Z

    [15:00 CEST 01-10] AUSTRIA – Approximately 500,000 self-employed people will be granted access to the severance pay funds from next year.

  • News

    OECD to revise governance guidelines

    2007-10-01T14:50:00Z

    [16:50 CEST 01-10] EUROPE – The Organisation for Economic Cooperation and Development (OECD) will revise its guidelines on the governance of pension funds, IPE has learned.

  • News

    'If you don’t know it, don’t buy it' – Laboul

    2007-10-01T15:45:00Z

    [16:45 CEST 01-10] EUROPE – Pensions funds should be more prudent to prevent losses on asset-backed securities related for instance to the recent US subprime credit crunch, says the OECD’s Andre Laboul.

  • News

    Pensions bodies urge minister to refine indexation

    2007-10-01T16:00:00Z

    [17:00 CEST 01-10] NETHERLANDS - The umbrella organisations for pension funds and insurers and the Labour Foundation (STAR) have accused Social Affairs’ minister Piet Hein Donner of being in too much of a hurry to develop the indexation label.

  • News

    Shell to take contributions holiday

    2007-10-01T16:00:00Z

    [17:00 CEST 01-10] UK – Trustees of oil company Shell's UK pension plan have agreed to stop company contributions for the time being.

  • News

    European Parliament hires Aon for controversial second study

    2007-10-02T11:21:00Z

    [17:00 CEST 02-10] EUROPE – The European Parliament will pay Aon Consulting €36,000 for a full actuarial study of the voluntary supplementary pension fund for MEPs.

  • News

    Carnegie faces losing its licence

    2007-10-02T12:29:00Z

    [17:00 CEST 02-10] SWEDEN – The financial regulator Finansinspektionen (FI) has called on Stockholm-based Carnegie bank to replace its chief executive.

  • News

    Cost of Swiss APK bailout: 31 leave, one stays

    2007-10-02T12:34:00Z

    [17:00 CEST 02-10] SWITZERLAND – Around a fifth of employer clients - some 31 local authorities - are to leave the Aargauische Pensionskasse (APK), the CHF6bn (€3.6bn) pension fund for local government employees. The move is planned for December.

  • News

    DWP clarifies section 75, issues new consultation

    2007-10-02T12:51:00Z

    [17:00 CEST 02-10] UK – The Department of Work and Pensions (DWP) has clarified that triggering employer debt is only intended to prevent scheme abandonment.

  • News

    Decline in confidence ups UK scheme surpluses - Aon

    2007-10-02T14:12:00Z

    [17:00 CEST 02-10] UK – Recent market turbulence and the subsequent decline in confidence in the UK banking sector have helped to improve pension fund surpluses – at least on paper, Aon Consulting claims.

  • News

    Irish pensions green paper 'imminent'

    2007-10-02T14:19:00Z

    [17:00 CEST 02-10] IRELAND – The Irish government is preparing to launch its delayed green paper on pension reform and is now expected to unveil it within the month.

  • News

    Watson Wyatt plans career average switch

    2007-10-02T14:33:00Z

    [17:00 CEST 02-10] UK – The consulting actuary Watson Wyatt has said today it plans switch its £200m (€288.3m) defined benefit (DB) pension arrangement to a career average scheme from early next year.

  • News

    Swiss newspaper apologises over Swissfirst scandal

    2007-10-02T14:42:00Z

    [17:00 CEST 02-10] SWITZERLAND – The Swiss tabloid 'Blick' has apologised to Jürg Maurer, head of investments at Rieter Pensionskasse, for the way it portrayed him in its coverage of the Swissfirst scandal.

  • News

    Wednesday people roundup

    2007-10-03T10:18:00Z

    [11:30 CEST 03-10] GLOBAL – PGGM, GSAM, HSBC, State Street, Barings, CEIOPS, Nordea, Hewitt, Mercer, BlackRock, DekaBank, Sprenkels & Verschuren, Aon.

  • News

    IPE-QUEST: $50m UK large cap equity mandate

    2007-10-03T11:48:00Z

    [12:00 CEST 03-10] UK – A private bank based in the UK is looking for a manager for a domestic active large cap core mandate using IPE Quest.

  • News

    Dutch speed pension build up - DNB

    2007-10-03T11:58:00Z

    [12:00 CEST 03-10] NETHERLANDS - A large portion of Dutch employees have been able to speed up the build-up of their pension in the past five years, according to pensions regulator De Nederlandsche Bank.

  • News

    AP2 outperforms by 18.7% in Swedish equities

    2007-10-03T13:17:00Z

    [16:00 CEST 03-10] SWEDEN – The domestic equities portfolio of the second Swedish buffer fund AP2 has outperformed its benchmark by 18.7% over the past five years.