All articles by Rachel Fixsen – Page 196

  • News

    PFA leaps allocation to tap infrastructure growth

    2007-12-17T14:30:00Z

    [15:30 CET 17-12] DENMARK – The huge Danish PFA corporate pension fund has boosted its infrastructure investment and plans to move even further into the asset class next year, probably including direct investments in the sector for the first time.

  • News

    Employers move to rectify female pensions gap

    2007-12-14T15:00:00Z

    [16:00 CET 14-12] DENMARK - The pensions gap between Danish men and women has widened in the last five years, as men now contribute an average of 54% more than women, suggest figures from the Danish Insurance Association.

  • News

    Danica ups payouts by 22.5%

    2007-12-12T15:00:00Z

    [16:00 CET 12-12] DENMARK - Danica Pension, the insurance and pensions arm of Danske Bank, is raising the account yield on its core pension product to 5.5% after tax in 2008 from 4.5% this year.

  • News

    Pensions body seeks charges transparency

    2007-12-11T14:45:00Z

    [15:45 CET 11-12] DENMARK - Forsikring & Pension, The Danish Insurance Association, has issued voluntary guidelines for pension providers to show customers the real cost of products.

  • News

    PensionDanmark raises annual costs

    2007-12-10T14:00:00Z

    [15:00 CET 10-12] DENMARK - Administration costs at Danish labour market pension fund PensionDanmark will rise next year after staying flat for five years, in part to finance the introduction of a new administration system.

  • News

    ATP acts to hedge inflation

    2007-12-07T16:05:00Z

    [17:05 CET 07-12] DENMARK - Denmark’s huge labour market pension fund ATP has been steadily increasing its exposure to the oil market and other investment sectors that will do well under conditions of higher inflation.

  • Features

    Shifting to alternatives

    December 2007 (Magazine)

    Rachel Fixsen assesses recent trends in the asset allocation decisions of European pension funds

  • News

    Danish pensions body deems ESG safe

    2007-11-30T10:00:00Z

    [11:00 CET 30-11] DENMARK - An official report in Denmark has concluded pensions institutions can take an ethical stance on investments while still fulfilling their legal duty to get the highest possible return.

  • News

    PensionDanmark to pay 'good' rate on accounts

    2007-11-27T15:30:00Z

    [16:30 CET 27-11] DENMARK - Danish labour market fund PensionDanmark has fixed its long-term pension savings interest rate at 6% for 2007, and has provisionally allocated members the same rate for next year despite a likely fall in the fund’s investment returns this year.

  • News

    PBU questions retailer investment on SRI grounds

    2007-11-27T13:30:00Z

    [14:30 CET 27-11] DENMARK - Pædagogernes Pensionskasse, the pension fund for education practitioners, has called for clarity from Swedish fashion retailer Hennes & Mauritz on its child labour policy.

  • News

    Trustee case reveals need for documents

    2007-11-22T13:30:00Z

    [14:30 CET 22-11] UK - A recent move by the UK pensions ombudsman to rule on a dispute rather than giving the trustees a second chance highlights the need for trustees to keep records of decision-making, pensions lawyers have declared.

  • News

    Carnegie EGM votes on new chair

    2007-11-22T12:30:00Z

    [13:30 CET 22-11] SWEDEN - Stockholm-based Carnegie bank has elected Anders Fällman - chief executive of Carnegie shareholder Invik - as its new chairman, despite recent calls for an independent chairman to see the bank through its current troubles.

  • News

    SEC risks reputation over investor rights, warns USS

    2007-11-21T13:30:00Z

    [14:30 CET 21-11] US/UK - The US Securities and Exchange Commission will miss the chance to show it is serious about investor rights if it forges ahead with a ruling stopping shareholders putting forward candidates for corporate boards, according to UK pension fund the Universities Superannuation Scheme (USS).

  • News

    Spanish revealed as greatest shareholder voters

    2007-11-21T10:00:00Z

    [11:00 CET 21-11] EUROPE - Companies in Spain see a higher level of shareholder voting than those in other European countries, reveals a report on proxy voting patterns across Europe.

  • News

    Currency pressure reduces Norway pension fund

    2007-11-20T15:30:00Z

    [16:30 CET 20-11] NORWAY – The Norwegian Government Pension Fund – Global saw its market value drop by NOK7.2bn (€900m) during the third quarter, despite transfers and investment profits, because of the strength of the Norwegian currency.

  • News

    Private equity ‘code’ requires more info

    2007-11-20T13:00:00Z

    [14:00 CET 20-11] UK - Private equity firms in the UK and the companies they own will have to publish more information on the way they do business and the risks they face, according to a new code of conduct unveiled today.

  • News

    Pensionsinfo presses for transparency

    2007-11-14T15:15:00Z

    [16:15 CET 14-11] DENMARK - The Danish pensions industry needs to tackle the issue of transparency and is the most pressing problem it faces right now, according to Pensionsinfo, the country’s comprehensive national pensions database.

  • News

    Danish politicians support pensions charge system

    2007-11-12T15:45:00Z

    [16:45 CET 12-11] DENMARK - Eight of Denmark’s nine political parties have backed a proposal to create a standardised measure for pension scheme costs, according to a poll conducted ahead of tomorrow’s general election in the country.

  • News

    Danish premier eyes PenSam programme

    2007-11-09T15:00:00Z

    [16:00 CET 09-11] DENMARK - Danish prime minister Anders Fogh Rasmussen visited the offices of labour market pension scheme PenSam this morning, to learn about a project to reduce the number of people taking early retirement on health grounds.

  • Features

    Criticism mounts over Danish SP policy

    November 2007 (Magazine)

    Uncertainty over the future of the mandatory second pillar SP, long seen as a back door tax on Danes, continues with mandatory contributions suspended and its future under review, Rachel Fixsen reports