Pension System – Page 91
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News
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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News
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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News
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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News
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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News
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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News
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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News
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
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News
One-share, one-vote a key stewardship focus for Railpen in 2022
£35bn investment manager sees misperceptions from company founders as one barrier to equal voting rights
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News
EC confirms ‘quite some delay’ in IORP II review
Didier Millerot, head of insurance and pensions unit, gave an overview of EC pension initiatives at a conference yesterday
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News
Busy derisking mart sees competition for asset transition trade dates
Aon flags ‘unprecedented’ feature, points to volumes exceeding £45bn in 2021