All articles by Rachel Fixsen – Page 191
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NewsDanish SP money likely to be reinvested, claims PKA
[17:00 CEST 02-11] DENMARK - Members of Denmark’s closing SP pension scheme are likely to put the money that they will get back into savings and pensions, rather than simply spending the extra money, according to a new survey.
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Country ReportDanes fly the green flag
New reporting rules will ensure that Denmark’s pension funds continue to push out the boundaries of social responsiblity in a country that’s already a world leader in green energy development, finds Rachel Fixsen
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NewsDenmark extends pensions solvency deal
[16:55 CEST 27-10] DENMARK – The Danish Government has extended for another year the pensions rescue package it put in place a year ago to protect pension savers in the wake of the recent financial crisis.
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Netherlands tops Mercer poll of pension regimes
[16:15 CEST 15-10] GLOBAL - The Netherlands has come out top in a new global index rating pension systems which assesses the adequacy, sustainability and integrity of regimes, closely followed by Australia and then Sweden.
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ATP pulls out of bid to win personal accounts contract
[15:55 CEST 15-10] DENMARK – ATP, the giant Danish pension fund and administrator, has pulled out of the bid to administer the UK’s personal accounts scheme, saying it was unhappy with the risk/return balance of the potential new business and the number of likely participants.
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FSP lifted by high returns in Q3
[17:00 CEST 09-10] DENMARK - Holdings in emerging markets and corporate bonds boosted investment returns for the market-linked pensions of Denmark’s Finanssektorens Pensionskasse (FSP), the fund said, reporting strong third quarter performance figures.
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NewsDanica calls for full disclosure of pension costs
[16:53 CEST 07-10] DENMARK - The managing director of Denmark’s Danica Pension promised full disclosure of the company’s pension costs and said legislation may be called for if others do not follow suit.
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NewsDanish women to retire early
[16:02 CEST 07-10] DENMARK - Women in Denmark are much more likely to retire early than men, according to a study carried out for pensions provider PFA Pension.
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Today’s babies to become 100 year-old pensioners
[15:00 CEST 05-10] GLOBAL - A new longevity study has predicted that most babies born today will live to celebrate their 100th birthdays in many industrialised countries.
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Danish insurer-led pensions are cheaper - F&P
[14:45 CEST 02-10] DENMARK - The running costs of Denmark’s mandatory labour market pension schemes have fallen by around 12% since 2002, but company schemes remain far more expensive and have hardly reduced costs at all, according to new industry figures.
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Recovery allows Danica to improve pension terms
[16:10 CEST 30-09] DENMARK - Danica Pension, part of Denmark’s Danske Bank, has raised the account yield on its traditional pension plan and lifted the transfer penalty it introduced last autumn to deal with underfunding.
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PFA loses investment head in strategy shift
[15:00 CEST 30-09] DENMARK - Henrik Franck has made a sudden exit from his job as investment director at Denmark’s DKK227bn (€30.4bn) PFA Pension, amid sweeping changes at the pension supplier which have halved the investment team’s headcount.
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Danish pensions solvency package could be extended
[16:15 CEST 29-09] DENMARK - The pensions solvency rescue package agreed last autumn between the Ministry of Economic and Business Affairs and the Danish Insurance Association could now be extended beyond the end of this year, and the two parties are now in talks.
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Industriens gains lift from equity exposure
[16:00 CEST 29-09] DENMARK - Industriens Pension, the Danish pension fund, generated an investment return of 16% in the first eight months of this year, with the growth largely won on the back of its increasing exposure to equities.
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Danes predict state pensions to fade like the dodo
[15:30 CEST 28-09] DENMARK - Confidence in the Danish basic state pension has faded because of perceived pressure on the public purse, as a new poll suggests 50% of younger working women believe the state pension will not exist when they retire.
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Danica extends list of blacklisted car and bomb firms
[15:30 CEST 23-09] DENMARK - Danica Pension, the pensions arm of Denmark’s Danske Bank, has banned three major stocks from its potential investment universe because of ethical concerns about their business activities.
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NewsUK proposes flexibility on employer debt rules
[16:38 CEST 18-09] UK - Rules on how companies pay money into their pension schemes when they restructure may change under government proposals announced yesterday.
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NewsDanish teachers fund invests 7% in forestry
[16:32 CEST 18-09] DENMARK - Lærernes Pension, the Danish teachers’ pension fund, has announced it now has almost 7% of assets invested in forestry, or DKK2bn of its DKK30bn AUM. The investment may now make it the most significant European institutional investor in the asset class in terms of asset ...
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NewsFSP and Lægernes roll-out DC plans
[16:00 CEST 18-09] DENMARK - Pension funds FSP and Lægernes are the latest in Denmark to create new defined contribution schemes to allow more members to take on more risk themselves rather than sticking to the safety of the traditional guaranteed return schemes.
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Danish pensions buoyed by investment returns
[17:20 CEST 02-09] DENMARK - Improved investment results have boosted returns at several of Denmark’s pension funds in the first half of the year, but weak workforce mobility and job losses have hit contribution and transfer income for some funds.
