All IPE articles in October 2007 (Online) – Page 2

News
Irish DB closure total triples

2007-10-03T13:54:00Z

[16:00 CEST 03-10] IRELAND – The number of employers that have closed their defined benefit schemes has risen from 12% to 39% in the last five years, a new study commissioned by the Irish Association of Pension Funds (IAPF) reveals.
News
Pension funds eye traded life strategies

2007-10-03T14:42:00Z

[16:30 CEST 03-10] EUROPE – European institutional investor interest in traded life policy (TLP) funds has risen since the recent subprime credit crunch, according a report prepared by Bristol Business School for Managing Partners Limited (MPL).
News
Pioneer soaks up Capitalia assets

2007-10-03T14:47:00Z

[16:30 CEST 03-10] ITALY – Pioneer, the asset management arm of the UniCredit group, will grow its assets under management by €30bn following the merger with Capitalia.
News
Interpolis taps ABN Amro Mellon

2007-10-03T15:18:00Z

[17:00 CEST 03-10] NETHERLANDS – The pension asset management division of the Dutch insurer Interpolis has tapped ABN Amro Mellon Global Securities Services to take on the accounting for its €220m global high yield pooled fund.
News
Conference told of IORP problems for CEE states

2007-10-04T08:51:00Z

[14:00 CEST 04-10] HUNGARY – The EU pension directive is having more of a negative than a positive affect on the pension systems of central and eastern European (CEE) countries, a conference in London's Chatham House was told.
News
Siemens faces strike over DB scheme closure

2007-10-04T13:12:00Z

[14:15 CEST 04-10] UK – German technology firm Siemens could face strike action by its British workers over plans to close its £2.5bn (€3.6bn) UK defined benefit (DB) scheme to all members.
News
Irish managed funds down 3.3% in Q3

2007-10-04T13:56:00Z

[15:30 CEST 04-10] IRELAND – Managed pension funds reported an average third-quarter decline of 3.3%, according to a report by Rubicon Investment Consulting.
News
SRI lobby names most responsible pension funds

2007-10-04T14:31:00Z

[15:30 CEST 04-10] UK – Shareholder pressure group UK Socially Responsible Investment Forum (UKSIF) has named the three pension funds that have the most socially responsible investments in the UK’s pension arena.
News
ABP to give paid premiums information

2007-10-04T14:34:00Z

[15:30 CEST 04-10] NETHERLANDS - ABP, the €215bn civil service scheme, is considering a plan to regularly update its participants on the level of contributions they have paid.
News
One fifth of funds say 'it's too late' to save DB

2007-10-04T14:45:00Z

[15:45 CEST 04-10] UK – Some 19% of pension funds responded to a question from the National Association of Pension Funds (NAPF) on what the British government could do to encourage defined benefit pension prevision, by saying it was "too late" to do anything.
News
Mercer sees threat to PPF

2007-10-04T15:06:00Z

[16:00 CEST 04-10] UK – The UK Pension Protection Fund (PPF) could find itself unable to finance a future risk exposure if legislation does not change, according to consultancy firm Mercer.
News
IPE-QUEST: €25m global equity mandate

2007-10-04T15:12:00Z

[16:15 CEST 04-10] GLOBAL – An Australian multi-manager is looking for an active global developed markets manager using IPE-Quest.
News
Solvency II could up pension costs by half - EFRP

2007-10-05T12:45:00Z

[13:45 CEST 05-10] EUROPE - Implementing the Solvency II framework on pension funds could increase occupational schemes’ liabilities by as much as 60%, according to the European Federation For Retirement Provision (EFRP).
News
Ex-Mercer consultants set up independent trustee firm

2007-10-05T13:00:00Z

[14:00 CEST 05-10] UK – Roy Carr, Bill Rayner, Paul Greenwood and John Hawkins have joined forces to form Foresight Trustees.
News
Liechtenstein finally linked to Swiss security fund

2007-10-05T14:15:00Z

LIECHTENSTEIN/SWITZERLAND – Liechtenstein’s second pillar pension schemes can definitely link into the Swiss pension protection fund, the Swiss senate has decided.
News
Barclays drops ABN Amro bid

2007-10-05T15:15:00Z

[16:15 CEST 05-10] UK – Barclays Bank today withdrew its offer on Dutch bank ABN Amro, clearing the way for the rival bid of banking consortium Royal Bank of Scotland, Santander and Fortis (RSF).
News
Swiss Life mulls sale of Dutch and Belgian firms

2007-10-05T15:15:00Z

[16:15 EST 05-10] EUROPE – Zurich-based life and pension insurer Swiss Life confirmed it might sell its businesses in the Netherlands and Belgium.
News
BGI denies mandate loss

2007-10-05T15:30:00Z

[16:30 CEST 05-10] UK – Asset manager Barclays Global (BGI) Investors has denied it is under review at electronics major Philips’ UK pension fund.
News
West Sussex splits private equity holding

2007-10-05T15:30:00Z

[16:30 CEST 05-10] UK – The £1.5bn (€2.2bn) West Sussex County Council pension fund has appointed the Swiss alternative investment house Partners Group as an additional private equity manager, IPE has learned today.
News
F&C ready to go fiduciary

2007-10-05T15:30:00Z

[16:30 CEST 05-10] NETHERLANDS – F&C today unveiled details of its anticipated move into fiduciary management for the Dutch pension market.