All IPE articles in October 2007 (Online) – Page 10
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News
European Parliament hires Aon for controversial second study
[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.
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News
Shell to take contributions holiday
[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.
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News
Pensions bodies urge minister to refine indexation
[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.
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News
'If you don’t know it, don’t buy it' – Laboul
[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.
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News
OECD to revise governance guidelines
[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.
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News
Severance pay for self-employed
[15:00 CEST 01-10] AUSTRIA – Approximately 500,000 self-employed people will be granted access to the severance pay funds from next year.
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News
Nest outperforms Swiss funds in SRI approach
[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.
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News
UBS changes top team and cuts 1500 jobs
[14:00 CEST 01-10] SWITZERLAND – UBS has announced a major reshuffle of its senior management following the recent market turbulence.
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News
Equities returned 6.85 in Q2 - DNB
[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.