Pension System – Page 89
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NewsSwiss parliament passes first pillar reform expected to face public vote
Reform package is ‘affront to women who hardly receive any compensation for the increase in the retirement age,’ say Social Democrats
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FCA considers advice redress scheme over British Steel transfers
Consultation expected by end March, subject to final approval of consultation documents by the board
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NewsSwiss cabinet consults on CO2 Act after botched referendum
The revised CO2 Act serves to halve greenhouse gas emissions by 2030 compared with the level in 1990
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Storebrand wins €148m Bjørnafjorden scheme from KLP in tender
Norwegian local authority opts to switch provider
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NewsSwiss canton scheme ponders reschedule of pension plan reform
The new plan foresees an increase of the minimum retirement age by two years, from 63 to 65 years old
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NewsDirect investments for private, public sector schemes show savers’ age range
Contributions in private sector employee and employer DC schemes grew
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Pub, steel company schemes secure bulk annuity deals for £1.4bn
Mitchells & Butlers buy-in followed two years of preparation and price monitoring
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NewsNEST sets 2025 climate target as UBS quits Exxon and four others
Quintet excluded after three-year engagement programme
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NewsSweden agency warns pension robo-advisers are of limited use
State pension authority says automated digital advice can lead to risk level being too low
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Danica Pension sells Norway operation to Storebrand for NOK2bn
Storebrand says strengthening presence in the occupational pensions market for SMEs
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NewsPRIIPs KID not suitable for pension products, says PensionsEurope
European Commission and EIOPA should protect pension products’ specificities and diversity, says lobby group
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NewsUK parliament lays regulations for new CDC pension
DWP will continue to engage with interested parties on how CDCs can be extended further
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NewsUK roundup: PDP picks potential providers
Plus: PPF’s new levy measure; PLSA’s ‘pensions dashboard’ guide; Buy-in deal for Legal & General; Second state pension age review
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NewsHigher funding ratios and DC transition fuel Dutch demand for buyouts
Insurance firm Lifetri says it has a buyout pipeline of €40 to €50bn
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Wizz Air defends itself over labour rights after investor confrontation
Investors including Akademiker Pension, Storebrand and PKA back joint letter to airline
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DACH roundup: German fund industry manages €1.77trn for pensions
Plus: Swiss AM association joins NZAMI; Geneva scheme takes first Swiss social bond; Munich court opens door to claims against Wirecard
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Dutch pension federation calls for ‘final sprint’ to implement sustainability pact
The 78 funds that signed the pact in 2018 have one more year to implement it fully
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NewsSecond UK DB funding code consultation delayed until late summer
Delay due to timing of government regulations
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NewsDanish watchdog quizzes pension firms, insurers on product adequacy
Lobby group IPD responds saying FSA’s approach should focus on creating value for customers
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OECD calls for PFs, insurers to join new stakeholder groups on infra
International policy organisation looking for industry representatives to contribute expertise on long-term and infrastructure investing





