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

News
DC members stunned by too much choice – research

2007-10-29T13:30:00Z

[14:30 CET 29-10] GLOBAL - Members of defined contribution (DC) schemes tend not to make a choice at all when given too many funds to choose from, two research studies have found independently.
News
Morley keeps watch on European diversified launch

2007-10-29T13:00:00Z

[14:00 CET 29-10] UK - Aviva’s asset management arm Morley has launched a multi-asset fund targeted at smaller UK pension funds but which it hopes to be able to roll out across Europe in due course.
News
Pensions Board creates actuarial panel

2007-10-29T12:30:00Z

[13:30 CET 29-10] IRELAND – The Pensions Board is seeking five to six actuarial consultancy firms for future projects.
News
100,000 waiting at PPF doorstep

2007-10-29T12:00:00Z

[13:00 CET 29-10] UK – At least 170 pension schemes in deficit are now in the assessment period, the Pension Protection Fund (PPF) disclosed in its annual report.
News
PKA and Sampension act on Burma

2007-10-26T15:45:00Z

[16:45 CEST 26-10] DENMARK – More Danish pension funds are moving to offload holdings in French oil company Total and US firm Chevron, in support of the Danish government’s stance on trade with politically-troubled Burma.
News
Local equity lifts ATP

2007-10-26T15:40:00Z

[16:40 CEST 26-10] DENMARK - Major Danish pension fund ATP has reported an investment return of 5.3% for the first nine months of this year, as profits were boosted by the performance of its domestic equities.
News
M&A-hungry Threadneedle pushes into Italy

2007-10-26T15:30:00Z

[16:30 CEST 26-10] EUROPE – UK-based asset manager Threadneedle Investments is looking to open an Italian office, while actively pursuing mergers and acquisitions (M&A) elsewhere in Europe.
News
Lærernes to review PFA and Bankinvest

2007-10-26T15:30:00Z

[16:30 CEST 26-10] DENMARK - The DKK24.5bn (€3.3bn) Danish Teachers' Pension and Life (Lærernes Pension) will be reviewing its Danish equity managers.
News
More institutions target fewer managers – study

2007-10-26T15:25:00Z

[16:25 CEST 26-10] EUROPE – Institutional assets under management (AuM) throughout Europe increased by 14% in 2006, but only few manager consistently win business, according to a study by consultancy firm McKinsey & Company.
News
Outgoing gov't pulls PZU privatization

2007-10-26T15:15:00Z

POLAND – The Polish government today withdrew an agreement to float the state-controlled insurance giant PZU on the stock market.
News
Resolution dumps Friends for marriage with new suitors

2007-10-26T15:00:00Z

[16:00 CEST 26-10] UK – Financial services group Resolution plc has dropped plans to merge with UK life assurance group Friends Provident and has agreed selling the company to Standard Life, but rival Pearl has also come back at the 11th hour with a fresh takeover bid topping Standard’s offer.
News
Ombudsman warns pension schemes are 'misleading' members

2007-10-26T10:00:00Z

[11:00 CEST 26-10] IRELAND - The Pensions Ombudsman has alleged "communication in the pensions industry is sometimes misleading", leaving members uncertain about their contributions and potential benefits.
News
Bank of Ireland secures LifeBalance deal

2007-10-25T15:58:00Z

[16:58 CEST 25-10] IRELAND – The Bank of Ireland has agreed a deal with union officials to introduce a hybrid DB/DC pension scheme, following the closure of its final salary scheme last year.
News
Pension Corp delays Telent bid

2007-10-25T15:00:00Z

[16:00 CEST 25-10] UK – Pensions Insurance Corporation (PIC) has secured a seven-day extension to its bid to acquire telecoms group Telent and its £3bn (€4.3bn) pension scheme.
News
Storebrand investors back pensions bid

2007-10-25T15:00:00Z

[16:00 CEST 25-10] NORWAY – A majority of shareholders of Norwegian life insurer Storebrand last night backed proposals for the NOK13.6bn (€1.7bn) take-over bid for Swedish pension group SPP.
News
German Cabinet passes 'acting in concert' bill

2007-10-25T15:00:00Z

[16:00 CEST 25-10] GERMANY – The government today passed a disputed bill for more transparency of investments in the German market.
News
IPE-QUEST: German pension fund posts equity brief

2007-10-25T14:45:00Z

[15:45 CEST 25-10] GERMANY – A German corporate pension scheme is looking for an equity manager for a €150m mandate, using IPE-Quest.
News
Germans up support for compulsory second pillar

2007-10-25T14:30:00Z

[15:30 CEST 25-10] GERMANY – Making occupational pension provision compulsory would help ease fears over poverty at retirement, an increasing number of Germans agree.
News
AP3 signs enhanced managers

2007-10-25T14:00:00Z

[15:00 CEST 25-10] SWEDEN – The SEK227.7bn (€25bn) third Swedish buffer fund AP3 has selected 13 managers for enhanced indexing briefs.
News
Academics find ESG helps performance

2007-10-25T11:30:00Z

[12:30 CEST 25-10] GLOBAL – Applying environmental, social and corporate governance (ESG) to your portfolio has a positive impact on performance, the United Nations and Mercer has found.