Pension System – Page 63
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NewsDWP sets up Taskforce on Social Factors for UK pensions industry
The taskforce will support pension scheme trustees and the wider pensions industry with some of the key challenges around managing social factors
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NewsRSA Group completes £6.5bn buy-in deal with Pension Insurance Corporation
This makes it the largest ever bulk annuity transaction from pension schemes to insure
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NewsPension reform endgame, lower inflation to propel Dutch buyout market
The buyout market for pension funds stalled in 2022, with only one deal concluded
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NewsInvestment returns fail to match liabilities for 30% of Dutch pension funds – research
Small sector schemes score especially badly in the study performed by the new website overrendement.nl
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NewsSocial partner model spreads to small, medium-sized firms in Germany
New contracts for more than 600 employees have been signed so far
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NewsUK roundup: L&G Mastertrust reaches £20bn AUM milestone
Plus: Smart Pension achieves 50% cut in default growth fund emissions, 20-20 Trustees to merge with Punter Southall Governance Services
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NewsAP4’s 11.9% loss confirms AP3 as largest buffer fund after 2022
Last of the big-four Swedish pensions buffer funds to report 2022 figures says active management worsened result by 3.8 percentage points
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NewsDanish lobby says tax agency owes pension firms nearly €500m
IPD complains to ombudsman after tax authority fails to act properly on ECJ ruling of 2014
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NewsTPR’s new funding code causes cost concerns for DB schemes
Nearly half of trustees and sponsors (42%) are concerned about the additional governance challenges, and in turn associated costs, that the code will bring
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NewsDifficult for pensions industry to prepare for pensions dashboards, says Isio
For pensions administrators, the decision on which ISP to connect with constitutes the beginning of a long-term partnership and significant investment
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NewsSwedish buffer funds AP1, AP3 report 2022 losses of 8.6%, 5.8%
AP1’s CEO stresses importance of liquidity management; AP3 says emerging markets exposures to be analysed
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NewsThe Pensions Regulator launches ESG, climate campaign
TPR is warning trustees that enforcement action may be taken against them if they fail to publish their statement of investment principles
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NewsAP7 loses 9.5% in 2022 but beats average premium pension fund
State-run default in first-pillar DC system says forex, private equity and risk premia shored up returns last year
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NewsLower accruals age adds 100,000s to pension fund member tally
Three sector funds in low-wage industries expect the bulk of new 18-21 year-old members
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NewsSwiss canton of Vaud pension fund contains losses with real estate, infrastructure
The scheme’s funding ratio stood at 68.6% at the end of 2022
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NewsGerman Pensionskassen yet to set up joint decision mechanisms on sustainable investments
Pensionskassen still steer their investment policy without considering the demands and opinions of their members, says professor
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NewsNordic roundup: AP2 custodian, Swedish funds agency, OPF 0.3% loss
Sweden’s premium pension funds agency consults on procurement documentation
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NewsAP2 boasts resilient portfolio after 6.7% 2022 investment loss
First of Sweden’s AP funds to report full-year figures says beat benchmarks by 0.3 of a point overall
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NewsVarma beats Ilmarinen on 2022 returns but shrinks faster
Varma suffers 4.9% investment loss in 2022, while Elo loses 3.7% and Veritas sheds 4.5%
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NewsItalian pension fund association calls on government to cut tax burden on returns
The association is also demanding the government replaces the pro-rata standard to calculate pension benefits
