Pension System – Page 183
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News
Former ABI chief named chairman of £51bn BT Pension Scheme
Otto Thoresen to take on role in February 2019
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News
300 Club urges attitude change to avert pensions and savings crisis
Group is refocusing on asset owners
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USS prepares fresh valuation as employers accept more risk
UK’s biggest pension scheme aims to put forward new contribution rates in February to resolve long-running dispute
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News
Huge surge in companies offering pension flexibility, says WTW
More and more firms plan to offer employees options on how they use their pension contributions
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NewsDutch pension funds urge government to restart reform negotiations
ABP chair claims pension funds have been “taken hostage to broader package of measures”
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NewsNegotiations over new Dutch pensions agreement collapse
Unions cite ‘lack of structural solutions’ offered by government
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News
Actuaries call for pension benefit simplification to aid consolidation
Some schemes’ administration costs could be cut by up to 50%, report claims
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NewsDutch metal industry schemes inch closer to benefit cuts
The four biggest pension schemes in the Netherlands took a hit to their funding in October
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News
Generali pensions unit targets cross-border, risk transfer markets
Generali Global Pension will offer de-risking solutions and cross-border plans to multinationals
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NewsGermany unlikely to see new DC plans before 2020
Talks between employees and employers in Germany’s metal industry are ongoing but without commitment
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NewsTrustees call for regulator to take active role in UK cost disclosure
Trustee body and Transparency Task Force say key questions remain after introduction of disclosure models
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News
EIOPA sets out thinking about IORP II pension benefit statements
Regulator outlines standards and requirements for annual member communications
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News
Willis Towers Watson, Mercer eye DC switches for Dutch staff
Willis Towers Watson will transfer staff to its in-house DC fund, LifeSight, from next year
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NewsNetherlands roundup: Nestlé scheme to replace administrator
Also: Think tank details difficulties in longevity forecasts
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Dutch scheme’s retirement modelling tool draws wider interest
Web application enables members to assess options for early retirement and part-time employment
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NewsNEST launches ‘sidecar’ savings project
Trial will test the use of an auto-enrolment-style ‘rainy day’ savings pot alongside pension fund
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News
EU regulator proposes derivatives fix in case Brexit talks fail
ESMA floats temporary solution for transferring uncleared derivatives contracts to EU counterparties
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News
Switzerland roundup: Government rejects expert view on interest rate
Also: Hans-Peter Wiedmer confirmed as new CEO of Bernische Pensionskasse
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News
UK charity denied permission to lower indexation in landmark case
But a bigger case for UK pension schemes is on the horizon
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News
EC urged to exempt all pension plans from ‘unnecessary’ VAT burden
PensionsEurope, AEIP: VAT Directive must be amended to provide clarity and ensure equal treatment of all pension plans
