All IPE articles in October 2007 (Online) – Page 3

News
PPF seeks help to clean up scheme data

2007-10-25T11:00:00Z

[12:00 CEST 25-10] UK – The Pension Protection Fund (PPF) is tendering for services to review data of incoming pension schemes.
News
Flemish authorities create new pension funds

2007-10-25T11:00:00Z

[12:00 CEST 25-10] BELGIUM – The Flemish municipality Balen has tendered a mandate for a new pension fund for its civil servants.
News
Horeca to grant 3% indexation

2007-10-24T15:30:00Z

[16:30 CEST 24-10] NETHERLANDS - PH&C, the €2.2bn pension fund for the Dutch hotel and catering sector, has granted its participants an indexation of 3% next year.
News
Returns reveal right move for FRR

2007-10-24T15:00:00Z

[16:00 CEST 24-10] FRANCE – The €33.8bn French reserve fund FRR said reduced exposure to equities and no holdings in instruments directly affected by the credit crunch had helped bring its performance for the last nine months to 5.7%.
News
Swedish firm eyes fiduciary trail

2007-10-24T13:30:00Z

[14:30 CEST 24-10] NETHERLANDS – The €400m Dutch scheme of the Swedish hygiene goods and paper multinational Svenska Cellulosa Aktiebolaget (SCA) is contemplating fiduciary management, IPE has learned.
News
Collectum computer crash forces ITP extension

2007-10-24T13:00:00Z

[14:00 CEST 24-10] SWEDEN – Collectum, the online services responsible for pooling money within Sweden’s white-collar pension scheme ITP, has extended the period within which people decide where to invest their money because of technical difficulties.
News
PwC to advise Norwegian fund on real estate

2007-10-24T12:30:00Z

[13:30 CEST 24-10] NORWAY – The Oslo-based branch of PricewaterhouseCoopers (PwC) was awarded the contract for advising the NOK2trn (€250bn) Norwegian government pension fund on tax issues related to real estate investments.
News
UBS expands in France

2007-10-24T12:00:00Z

[13:00 CEST 24-10] GERMANY/SWITZERLAND – Swiss bank UBS is set to buy German Commerzbank's French asset management arm Caisse Centrale de Réescompte (CCR) for €435m.
News
Wednesday people roundup

2007-10-24T11:30:00Z

[12:30 CEST 24-10] People roundup: GLOBAL – SEB, SGAM, Schroders, Santander, Newton, Gartmore, Northern Trust, Morse, Pictet Asset Management.
News
Call for pension funds to push OTC standards

2007-10-24T11:00:00Z

[12:00 CEST 24-10] GLOBAL - Asset servicing giant Northern Trust says pension funds could face higher than necessary costs unless they put pressure on asset managers to adopt standardised language when trading in over-the-counter (OTC) derivatives.
News
ATP makes first move on Burma investments

2007-10-23T15:30:00Z

[16:30 CEST 23-10] DENMARK - Danish labour market pension fund ATP said it has decided to sell its shares in Total and other oil companies that work directly with Myanmar Oil.
News
EFRP appoints new chair and directors

2007-10-23T15:25:00Z

[16:25 CEST 23-10] EUROPE – Angel Martinez-Aldama, director general of Spanish fund association Inverco, has succeeded Jaap Maassen, director of pensions at Dutch ABP, as chairman for the European Federation for Retirement Provision (EFRP).
News
Pension experts disagree over deferred benefits

2007-10-23T15:00:00Z

[16:00 CEST 23-10] UK – The National Association of Pension Funds (NAPF) has backed a proposal by the government to half the cap on indexation of deferred retirement benefits, but consultancy experts have criticised such reforms.
News
Scottish MPs plan 'flexible retirement'

2007-10-23T14:30:00Z

[15:30 CEST 23-10] UK – Nearly half of Scottish members of parliament (MSPs) would be able to claim their pensions while still serving, under new plans being considered by the Scottish Parliament.
News
Eumedion sees detriment in 'acting in concert' plan

2007-10-23T14:30:00Z

[15:30 CEST 23-10] GERMANY/NETHERLANDS - German government proposals to sharpen the rules on 'acting in concert' will be detrimental to the attractiveness of the German capital markets, said Eumedion, the Dutch platform for institutional investors.
News
Tesco staff have lower life expectancy - study (Update)

2007-10-23T13:30:00Z

[14:30 CEST 23-10] UK – Life expectancy of individuals varies significantly, not only by the size of the pension fund analysed but also by industry sector, suggests new research by Pension Capital Strategies (PCS) and Continuous Mortality Investigation (CMI).(Update with quotes from Charles Crowling)
News
AP1 reviews Pacific mandates

2007-10-23T13:00:00Z

[14:00 CEST 23-10] SWEDEN – The SEK221bn (€24bn) buffer fund AP1 is tendering a $680m (€478m) Pacific ex-Japan equities mandate.
News
T-Charter chair defends principles

2007-10-23T12:30:00Z

[13:30 CEST 23-10] GLOBAL – Including stronger principles on best practice for transition managers in the so-called 'T-Charter' could have amounted to restriction of trade, Rick Di Mascio, chief executive of Inalytics, explained.
News
Research finds Dutch are willing to go part-time

2007-10-23T11:30:00Z

[12:30 CEST 23-10] NETHERLANDS – Over half of Dutch employees are prepared to keep on working part-time after the official retirement age of 65, according to pensions and ageing think-tank Netspar.
News
ABP sets date for fund’s split

2007-10-22T15:45:00Z

[16:45 CEST 22-10] NETHERLANDS – The €215bn Dutch ABP pension scheme has today named the date for its earlier announced split into a fund and an - as yet nameless - separate administration body.