Pension funds report quarterly returns of up to 1.9% and year-to-date results of up to 3.9%
Liabilities increased 9% in 2016, wiping out much of the effect of a 10% average investment return
Expectations for future returns ’significantly’ lower
Transport scheme Vervoer and multi-sector PGB also improved their coverage ratios
UK’s biggest pension scheme adds 20% and shaves 7bps off investment costs
Rebounding equity markets over the third quarter bolstered year-to-date (YTD) returns at many European pension funds, particularly in the Nordic region.
Fund managers might do better to focus on generating excess return in credit markets than selecting outperforming stocks
Registered users are entitled to the first digital issue of IPE with the compliments of the IPE.com team.
“The FCA has picked the wrong fight. We need a way to rate alternative investments”
“At present, UK trustees do not have the right governance framework in place to be effective or accountable”
“Fiduciary management has turned into a sophisticated exercise of managing increasingly complex investment value chains”
It is widely known that EIOPA is studying the possibility of a new EU legal framework for a pan-European occupational defined contribution pension regime
One of the objectives of the European Commission in the revision of the IORP Directive was to enhance the information provided to prospective members, members and beneficiaries of IORPs