Pension System – Page 308

  • Interviews

    YouTube not yet the communication star

    February 2010 (Magazine)

    On The Record How do you communicate with members?

  • Military timing softens crisis blow
    Features

    Military timing softens crisis blow

    February 2010 (Magazine)

    Reeta Paakkinen spoke to Caner Öner, senior adviser at Oyak, the €5.6bn Turkish military pension fund

  • Features

    Follow your members

    February 2010 (Magazine)

    Social media is boosting communication between pension funds and members, and among members themselves, says Gail Moss

  • Features

    PP Pension: Steady as she goes

    February 2010 (Magazine)

    The €796m PP Pension fund is known for consistently producing excellent returns. But after a recent dip in performance, the newly appointed CEO Viveka Ekberg (pictured) and CIO Cecelia Thomasson Blomquist aim to re-establish the fund’s good returns without compromising on its winning philosophy, writes Pirkko Juntunen

  • News

    Nominal GDP swaps 'could be key to DC guarantee'

    2010-01-14T15:20:00Z

    [16:20 CET 14-01] EUROPE – Officials at the Bank of Italy have been working on a proposal to create a public swap-based return guarantee for members of defined contribution funds.

  • News

    Ten confirmed to join Swiss Ascoop fund

    2009-12-18T15:50:00Z

    [16:50 CET 18-12] SWITZERLAND – The Ascoop spin-off fund to be created next year will be named Symova and will initially see 10 companies join it.

  • News

    Pensions threatened by six-hour daily longevity increase

    2009-11-20T15:50:00Z

    GLOBAL - People are gaining on average six hours per day in life expectancy, which dramatically highlights the need for pensions solutions, delegates were told at an IPE Awards Seminar keynote speech on living with longevity.

  • News

    OECD calls on Ireland to shift public sector pensions to DC

    2009-11-05T14:30:00Z

    [15:30 CET 05-11] IRELAND – Ireland could reduce its budget deficit by introducing a combination of “major reforms” to public sector pensions, according to the OECD. These could include moving new entrants to a defined contribution (DC) scheme rather than adding them to existing defined benefit plans.

  • News

    Auto-enrolment could boost UK DC assets to £900bn

    2009-10-23T13:30:00Z

    [14:30 CEST 23-10] UK – The planned introduction of auto-enrolment in UK pensions could increase defined contribution (DC) assets from £600bn (€654bn) to as much as £900bn by 2050, according to the Pensions Policy Institute (PPI).

  • 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

    Six UK DC schemes hit pension quality mark

    2009-10-15T12:30:00Z

    [13:20 CEST 15-10] UK - Six more UK defined contribution (DC) schemes have been awarded the new Pension Quality Mark by the National Association of Pension Funds (NAPF).

  • News

    Today’s babies to become 100 year-old pensioners

    2009-10-05T14:00:00Z

    [15:00 CEST 05-10] GLOBAL - A new longevity study has predicted that most babies born today will live to celebrate their 100th birthdays in many industrialised countries.

  • News

    Two-thirds of UK workforce ‘unpensioned’ - TUC

    2009-09-14T16:35:00Z

    [17:35 CEST 14-09] UK - Coverage of defined contribution (DC) schemes is not growing fast enough to fill the gap left by the continuing closure of defined benefit (DB) schemes, leaving two-thirds of the private sector workforce without a pension, according to data from the Trades Union Congress (TUC). 

  • News

    Ulster and RBS salary cap plans ignite unions

    2009-08-26T16:15:00Z

    [17:15 CEST 26-08] UK – Planned changes by Ulster Bank and its parent company Royal Bank of Scotland to its defined benefit (DB) schemes, such as capping pensionable salary at 2% or the rate of inflation have met with resistance from trade unions.

  • News

    Dutch retirement age should be 68 - economist

    2009-08-26T15:50:00Z

    [16:50 CEST 26-08] NETHERLANDS - An economist has claimed the official retirement age for the state pension AOW should be raised beyond the government’s proposed retirement age of 67 and by an extra year to 68, to meet growing life expectancy in the Netherlands.

  • News

    Levensloop deposits fall 7% (updated)

    2009-08-19T15:00:00Z

    [16:00 CEST 19-08] NETHERLANDS - Dutch workers paid 7% less into their tax-friendly ‘levensloop’ or life course saving plans in 2008, latest figures reveal.

  • News

    Irish funds rose 6% in July

    2009-08-06T15:40:00Z

    [16:40 CEST 06-08] IRELAND – Irish managed funds reported a positive performance for the fifth month in a row, after they returned of 6% in July.

  • News

    AIB aggregate deficit exceeds €1.2bn

    2009-08-05T14:00:00Z

    [15:00 CEST 05-09] IRELAND – The pensions deficit of Allied Irish Banks (AIB) - one of the institutions recapitalised by the National Pension Reserve Fund (NPRF) - rose by more than €150m in the first half of 2009, to €1.26bn.

  • News

    Third pillar growth unbroken by crisis

    2009-07-31T15:15:00Z

    [16:15 CEST 31-07] GERMANY/AUSTRIA – Interest in third pillar savings funds has remained high even through the financial crisis, according to both the German investment association BVI and the Austrian regulator FMA.

  • News

    Research claims UK adults expect to retire past 70

    2009-07-23T15:45:00Z

    [16:45 CEST 23-07] UK – Less than half of workers expect to be able to retire before the age of 70, while 69% of those already aged over 65 do not know when they will be able to start retirement, Barings Asset Management has claimed.