All articles by Paula Garrido – Page 5
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Features
Pension systems developed to meet different needs
ARGENTINA The pension reform in Argentina was approved in 1993, establishing a mixed system consisting of a public pension pay-as-you-go pillar, complemented by a mandatory second pillar in which workers can choose between privately managed individual accounts or a publicly managed defined benefit scheme. Affiliation to the system, the Sistema ...
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Features
Unaware of funds' hidden costs
Mutual funds investments is widespread among Belgian pension funds. Small pension funds believe that mutual funds meets their specific requirements better, at a law cost and with fiscal advantages. “Today it is quite is quite typical to hear pension funds sponsors saying they don’t pay any management fees because they ...
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Features
The beginning of reform
The Belgian government has taken a step forward in the development of the country’s pension fund system, with a proposed new law aiming to promote the consolidation of the second pillar. The new law, subject to review, will probably come into force at the end of the year. It will ...
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Features
Holistic benefit approach at GSK
In January last year multinational corporations Glaxo Wellcome and SmithKline Beecham announced merger plans to create a global leader research-based pharmaceutical and research company. Last December, after months of negotiations and integration plans between the two companies, the merger was completed and the new organisation began trading under the name ...
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Features
Growing bigger by staying small
Although Madrid-based independent consultancy firm Peraita y Asociados started operating under this name not more than six years ago, Manuel Peraita has been a reference within the Spanish actuarial industry since the beginning of the 1980s when he first established himself as an independent consultant. In this first period of ...
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Features
Switzerland: consultancy still a local affair
Local consultancy firms still dominate the Swiss market although international houses are gaining market share. At a time when new regulations are forcing pension funds to go through an analytical process to put in place an investment strategy that follows the prudent man rule, opportunities for consultants have increased. Domestic ...
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Features
UK: investment advice part of the package
The UK consultancy market is probably one of the most dynamic in Europe. The large size of the pension fund industry in terms of both number of schemes and assets under management, makes the UK a very attractive playing field for consultancy professionals . Investment consulting is now seen as ...
