All IPE articles in October 2010 (Online) – Page 7
-
NewsHutton's interim report receives warm welcome from industry
UK – Lord Hutton's interim report on UK public sector pension reform has generally been welcomed by the pensions industry, with commentators recognising the difficult balancing act between protecting employees' pension rights and ensuring the system is sustainable and affordable.
-
NewsGerman province to top up public fund with €114m
GERMANY – The German province of Northrhine-Westphalia (NRW) is seeking parliamentary support for an additional €114m one-off payment into the pension fund for civil servants.
-
NewsReal estate roundup: ATP, PensionDanmark
DENMARK – Denmark's largest pension fund ATP has made its first direct real estate acquisition in two years, acquiring a high-profile office block in central Copenhagen.
-
NewsLord Hutton sets sights on 'fundamentally unfair' final salary pensions
UK – The UK government has published its interim report on public sector pensions reform, setting out the case for ending final salary benefits and moving to provision based on career averages.
-
NewsSPF Beheer publishes international pension book
GLOBAL – SPF Beheer, the Dutch pensions and administration service provider, has published a book summarising the pension systems in developed world countries.
-
NewsUK pensions minister to make decision on NEST 'within days'
UK – Pensions minister Steve Webb has sought to separate the introduction of auto-enrolment from that of NEST, saying the UK coalition government remained committed to auto-enrolment, but that he would announce his decision on NEST shortly.
-
News
Editor's Choice: Why defining 'currency beta' is harder than you might think
Portfolio engineering with FX exposures would be much simpler if we could identify its beta. Martin Steward looks at the range of candidates
-
NewsGröttheim takes over as acting chief executive at Sweden's AP7
SWEDEN – Richard Gröttheim, deputy chief executive and head of asset management of AP7, is stepping in as acting chief executive following Peter Norman's appointment as minister for financial markets in Sweden.
-
NewsTPR transfer guidance creates dilemma for trustees, says Mercer
UK – The UK Pensions Regulator's draft guidance on transfer incentive exercises may create unrealistically high expectations of trustees, Mercer has warned.
-
NewsMSCI extends ESG credentials with PRI signature
GLOBAL – Global index and financial services provider MSCI has become a signatory to the UN Principles for Responsible Investment (PRI).
-
NewsMandate roundup: Investec, Nykredit, BAA Pension Trust, Xafinity Paymaster, Japan Tobacco
GLOBAL – Investec Asset Management has been appointed to sub-advise a newly launched emerging markets debt fund by Denmark's Nykredit Asset Management.
-
NewsSPOV, PFZW to deploy 'pension bus' to educate participants
NETHERLANDS – The €99bn healthcare scheme PFZW and the regional public transport pension fund SPOV will deploy a bus as a mobile office to inform participants about pensions at their workplace.
-
NewsOur Man in Brussels: The Eurofi Forum's take on pension reform
EUROPE – The challenge of progressing EU pensions policy along the lines suggested in the European Commission's Green Paper may seem overwhelming.
-
NewsATP, LD get green light on conducting banking, credit and insurance activities
DENMARK – Legal changes in Denmark will boost the business power of pensions institutions ATP and LD, paving the way for them to run banking, credit and insurance activities, as well as their pensions operations.
-
NewsBrent pension scheme sets sights on infrastructure, 'green' private equity
UK – The London Borough of Brent's £453m (€520m) pension scheme has allocated 5% of its portfolio to infrastructure investments and made a renewed commitment to clean energy private equity projects.
-
NewsUK Pensions Regulator reveals reasons for going after Lehman Brothers
UK – The UK Pensions Regulator's determination panel has revealed the reasons behind decisions to pursue Lehman Brothers' parent company for financial support for the investment bank's insolvent pension scheme.
-
NewsSwitch to CPI having impact on buyout market, says Pension Corporation
UK – The switch from the retail price index (RPI) to the consumer price index (CPI) when calculating inflation for occupational pension schemes has led to confusion over liabilities, which in turn has affected the insurance buy-in and buyout market, according to Pension Corporation.
-
NewsWednesday people roundup
GLOBAL – Previs Personalvorsorgestiftung, French Public Service Additional Pension Scheme, KAS Bank, Baring Asset Management, AXA Investment Managers, F&C Investments, State Street Corporation
-
NewsDutch authorities' pension decisions risk hurting economy, says APG's Kemna
NETHERLANDS – Politicians and supervisors must understand short-term supervisory decisions for pension funds' investment policies could damage the Dutch economy, according to Angelien Kemna, chief investment officer of the €250bn asset manager APG.
-
NewsStrathclyde Pension Fund terminates mandate, puts other managers on alert
UK – One of the UK's largest local authority pension schemes has terminated a mandate with Aberdeen Property Investors and put several other fund managers on alert.
