All IPE articles in October 2009 (Online) – Page 5

  • News

    Netherlands tops Mercer poll of pension regimes

    2009-10-15T15:15:00Z

    [16:15 CEST 15-10] GLOBAL - The Netherlands has come out top in a new global index rating pension systems which assesses the adequacy, sustainability and integrity of regimes, closely followed by Australia and then Sweden.

  • News

    Ageing population costs to 'dwarf' recent crisis - EC

    2009-10-15T15:55:00Z

    [16:55 CEST 15-10] EUROPE – European Commission officials have produced a report which claims the ability to meet public pensions liabilities is a higher long-term risk for governments than ever before and in most cases reform of member states’ pensions systems is desperately needed.

  • News

    Market improvement lifts TNT’s pensions value

    2009-10-16T15:05:00Z

    [16:05 CEST 16-10] NETHERLANDS – The Dutch TNT pension fund saw the value of its investment portfolio rise by 11% in the third quarter of this year, thanks to improvements in confidence about the financial markets.

  • News

    Pensions expert to launch UK political party

    2009-10-16T15:40:00Z

    [16:40 CEST 16-10] UK – Robin Ellison, pensions expert and a partner at law firm Pinsent Masons, is launching a political party in the UK, which he hopes will raise awareness of pension issues at the next general election and improve public services.

  • News

    Dutch MPs reach a deal to raise retirement age to 67

    2009-10-16T15:55:00Z

    [16:55 CEST 16-10] NETHERLANDS - The Dutch coalition political parties have agreed to raise to official retirement age for the state pension AOW in two steps from 65 to 67 in 2025.

  • News

    Fiduciary management 'causes blurring' between advice and delegation

    2009-10-16T16:05:00Z

    [17:05 CEST 16-10] UK – The increasing number of players in the fiduciary management market, particularly from within the consultancy space, is blurring the lines between delegation and advisory services, according to Andrew Waring, chief executive of the Merchant Navy Officers Pension Fund (MNOPF).

  • News

    Boutique forecasts a decade of low interest rates

    2009-10-16T16:10:00Z

    [17:10 CEST 16-10] EUROPE - There will be no end to the US Federal Reserve’s low interest rate policy within the next few years, so returns from bonds and money market instruments will be insufficient to meet pension fund targets, according to Jens Ehrhardt, founder of multi-asset boutique DJE.

  • News

    BT to focus on DC education of members

    2009-10-16T16:15:00Z

    [16:20 CEST 16-10] UK - Providing individual employees with the right tools, information and opportunities to take personal responsibility for their retirement savings can be considered a paternalistic approach , according to BT.

  • News

    Savings products review may be key to flexible retirement - Cooper

    2009-10-16T16:15:00Z

    [17:10 CEST 16-10] UK - Yvette Cooper, secretary of state for work and pensions, has hinted there may need to be a review of financial products within the saving industry to enable individuals to have a more flexible retirement by working longer or part-time if required.

  • News

    Pension groups dread pan-European fund

    2009-10-16T16:20:00Z

    [17:20 CEST 16-10] EUROPE – Creating a pan-European pension fund for mobile researchers would not be in the interest of the members of such a scheme, according to representatives at the conference of the European Association of Public Sector Pension Institutions (EAPSPI) in Berlin.

  • News

    Babcock eyes interest rate hedge after governance work

    2009-10-19T13:00:00Z

    [14:00 CEST 19-10] UK - Babcock international is thinking of hedging interest rates as part of the investment strategy for its five UK pension schemes, following the establishment of a cross-party trustee committee.

  • News

    USS attacks PPF levy focus on investment strategy

    2009-10-19T13:30:00Z

    [14:30 CEST 19-10] UK – The chief executive of the Universities Superannuation Scheme (USS) has labelled the Pension Protection Fund’s (PPF) proposal to consider the investment strategy of schemes when calculating the levy as “inappropriate”.

  • News

    Varma posts 10.8% return year-to-date

    2009-10-19T14:30:00Z

    [15:30 CEST 19-10] FINLAND – Varma Mutual Pension Insurance Company has posted a 10.8% return for the first nine months of 2009 and its investment portfolio reached €28.3bn by the end of September.

  • News

    Crisis forces Basel-Land to consider DC switch

    2009-10-19T14:45:00Z

    [15:45 CEST 19-10] SWITZERLAND – The canton of the region of Basel is investigating whether to switch from a defined benefit scheme to a defined contribution plan for its CHF4.5bn (€3bn) public pension fund BLPK, in the wake of the recent crisis.

  • News

    Q4 predicted to be busy for buyouts

    2009-10-19T15:00:00Z

    [16:00 CEST 19-10] UK - The final three months of 2009 are expected to be the busiest in over a year for pension insurance buy-ins and buy-outs, according to risk management provider Pension Corporation.

  • News

    DNB rejects ANWB scheme’s recovery plan

    2009-10-19T15:15:00Z

    [16:15 CEST 19-10] NETHERLANDS - Pensions regulator De Nederlandsche Bank has rejected a fourth recovery plan from the €640m pension fund of motorists’ lobbying organisation ANWB.

  • News

    Energy regulator to encourage longer UK pension funding periods

    2009-10-19T15:45:00Z

    [16:45 CEST 19-10] UK – Ofgem, the regulator of UK electricity and gas companies, has presented fresh proposals which could see energy firms incentivised for lowering pension costs rather than place the charge on consumers’ bills.

  • News

    Pension experts tout need for longer-term benchmarks

    2009-10-19T16:00:00Z

    [17:00 CEST 19-10] GLOBAL – A joint meeting of the OECD and IOPS Global Forum on Private Pensions has been warned a “meaningful” long-term performance measure for pension funds must be found which assess pension funds’ ability to meet income replacement.

  • News

    EC aims to pursue withholding tax parity

    2009-10-20T14:30:00Z

    [15:30 CEST 20-10] EUROPE – The European Commission is attempting to push through yet more reforms to local withholding tax regimes by recommending a simplified system be introduced for investors claiming the tax relief.

  • News

    UK mandates update: Leicestershire seeks active managers

    2009-10-20T14:45:00Z

    [15:45 CEST 20-10] UK – Leicestershire County Council is looking to hire three investment managers for its £1.9bn (€2.1bn) local government pension scheme (LGPS).