All IPE articles in October 2009 (Online) – Page 2
-
News
LAs leave 25% of class action settlements unclaimed
[17:05 CEST 05-10] UK – Local authority pension schemes could be losing up to £125m (€136m) by not participating in class actions, a report from the Goal Group has claimed.
-
NewsIrish managed funds gain 27.5% in seven months
[17:05 CEST 05-10] IRELAND – The performance of Irish managed pension funds improved for the seventh month in a row as they returned an average 2.6% in September, according to figures from Rubicon Investment Consulting.
-
NewsEuropean pension fund considers enhanced passive mandate
[16:45 CEST 06-10] IPE-QUEST – A continental European pension fund is looking for a manager to take on a $300m (€206m) global developed markets enhanced passive equity mandate, and is conducting the search using IPE-Quest.
-
NewsMercer to set PACE on Co-op’s alternatives
[17:00 CEST 06-10] UK – The Cooperative Group’s £5bn (€5.39bn) Pension Average Career Earnings (PACE) scheme has signed Mercer to deliver implemented consulting on its alternatives investments portfolio.
-
News
Tesco continues property deals with pension funds
[17:05 CEST 06-10] UK – Tesco has formed a fourth joint venture with a UK pension fund to sell and leaseback property assets in an effort to release value from its property portfolio.
-
NewsAustrian pension funds report 7% return
[17:10 CEST 06-10] AUSTRIA – In the first nine months of this year the 19 Austrian pensionskassen returned 7.35%, according to the pension fund association FVPK.
-
NewsUK Conservatives plan to speed up pension age increase
[17:15 CEST 06-10] UK – The Conservative Party has confirmed it will reinstate the earnings link for the basic state pension in the next Parliament if they are elected, but warned it would be funded by a faster increase in the state pension age (SPA).
-
NewsCall for Dutch self-employed to stay in pension funds
[17:20 CEST 06-10] NETHERLANDS - Self-employed individuals should be given the legal right to temporarily stay in the pension fund of their former employer so they may save for a pension, a Dutch academic expert has suggested.
-
NewsExotic ETFs are not seeing demand - provider
[17:20 CEST 06-10] EUROPE - Exotic and more sophisticated exchange-traded funds have suffered from a serious lack of interest this year, according to Axel Lomholt, head of product development for iShares Europe.
-
NewsCustody pricing models set to change
[11:00 CEST 07-10] GLOBAL – Pension funds should expect to see a change in the fees paid to custodians and firms delivering associated investor services, according to Northern Trust, because pricing structures no longer reflect the work undertaken.
-
NewsWednesday people roundup
[15:00 CEST 07-10] GLOBAL – Pension Protection Fund, Nordea, Aberdeen Asset Management, Hollinger Asset Management AG, Old Broad Street Research, Aviva Investors, Russell Investments, Threadneedle, HM Treasury.
-
NewsFinland's Keva appoints Swiss Altis for manager analysis and monitoring
[15:26 CEST 07-10] FINLAND - Keva, the €22bn local government pension institution in Finland, has appointed Altis Investment Management to assist with external asset manager analysis and monitoring.
-
NewsPensionskassen doubt regulatory value of Tobin tax
[15:56 CEST 07-10] AUSTRIA - Austria's government and trade unions are pushing for the introduction of an EU Tobin tax on financial transactions, but the country's pension funds doubt that it will have the desired regulatory effect.
-
NewsDanish women to retire early
[16:02 CEST 07-10] DENMARK - Women in Denmark are much more likely to retire early than men, according to a study carried out for pensions provider PFA Pension.
-
News
TPR appoints Deloitte for review of UK's DC regulations
[16:47 CEST 07-10] UK – The Pensions Regulator (TPR) has appointed Deloitte to conduct a review of the existing defined contribution (DC) regulatory framework and make recommendations for a new "robust" framework ahead of the 2012 reforms.
-
NewsDanica calls for full disclosure of pension costs
[16:53 CEST 07-10] DENMARK - The managing director of Denmark’s Danica Pension promised full disclosure of the company’s pension costs and said legislation may be called for if others do not follow suit.
-
NewsUK 2012 regulations may restrict employer innovation
[17:15 CEST 07-10] UK – Employers want a wider range of pension and savings products that meet the changing priorities and immediate needs of their employees, but the upcoming 2012 regulations may be restricting innovation, according to research from BlackRock.
-
NewsCommission on Retirement must halt pension delays - IAPF
[15:00 CEST 08-10] IRELAND – The Irish Association of Pension Funds has called on the government to establish a Commission on Retirement to update the assumptions underlying Ireland's two-year old Green Paper on Pensions, following the recent changes in the economic environment.
-
News
Kenny targets 'unacceptable' directors with MoU
[15:30 CEST 08-10] IRELAND – Paul Kenny, the Pensions Ombudsman has signed a Memorandum of Understanding with the Office of the Director of Corporate Enforcement (ODCE) to allow him to pass on details of “unacceptable behaviour by company directors” - a move bringing closer cooperation against rogue employers.
-
NewsSwedish MPs pensions to keep unfunded DB structure
[16:00 CEST 08-10] SWEDEN - Reforms of the pension provision for the Swedish members of parliament will not now change the current unfunded defined benefit structure.
