Pension System – Page 314
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NewsGerman funds shun risk, abandon target returns – poll
[16:30 CET 13-11] GERMANY – Risk aversion has become much more of a priority for large German institutional investors, according to the latest poll by Union Investment.
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News
75% of Germans consider occupational pensions safe
[16:25 CET 06-11] GERMANY – Occupational pensions are the second-safest way to save for retirement, according to a new poll, yet a separate study shows more employers are switching to hybrid DB/DC schemes.
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News
6% Finnish pensioners below poverty line
[15:45 CEST 16-09] FINLAND – Around 6% of pensioners in Finland rely solely on the national pension in retirement, even though a full pension provides less than half of the median income of 60% - putting them below the poverty line, the Ministry of Social Affairs and Health has revealed.
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News
1 in 9 unable to save for retirement
[16:15 CEST 30-06] UK – Approximately 60% of the UK population not currently saving for retirement claim they cannot afford to put money aside, a study by Scottish Widows has revealed.
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25% of CEE wealth to grow from pension funds – UniCredit
[16:10 CET 06-12] EUROPE – Over the next two years pension fund assets will increase household wealth in Central and Eastern Europe by €83bn which is one fourth of the total growth, banking group UniCredit finds.
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News
90% of German companies to launch Riester schemes
GERMANY – Nine out of ten companies in Germany are planning to establish a new occupational retirement fund under the Riester pensions reform, according to research just published by the German occupational pensions association, ABA.
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Features
ABP launches DC top-up
Europe’s largest pension fund, the e150bn ABP scheme for Dutch civil servants, is to introduce a defined contribution (DC) type, top-up arrangement for employees on June 1, taking advantage of a change in the Dutch tax regime that occurred at the start of this year. From January 1, the Dutch ...
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Features
Funding not always beneficial
Ageing populations present problems for social security schemes around the world. Low birth levels and increasing life expectancy will lead over time to increased numbers of elderly people and fewer people of working age to support them. Most social security schemes operate on the pay-as-you-go principle, whereby contributions made by ...
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Features
Hewlett Packard grasps the nettle of DC plans Europe-wide
Michel Henneaux explains the thinking behind the radical moves in the group’s pension scheme design
