All articles by Rachel Fixsen – Page 196

  • News

    Danish members gain accrual portability

    2007-10-09T15:05:00Z

    [16:05 CEST 09-10] DENMARK - Arrangements have now been introduced to Denmark’s pensions industry which make it easier for workers to transfer their occupational pension from one scheme to another when they change jobs.

  • Features

    Ending the public funding guarantee

    October 2007 (Magazine)

    The government has proposed that all local and federal authority pension schemes be fully funded over the next 30 years. Rachel Fixsen assesses the reactions and implications

  • Features

    Can Anlagestiftungen still compete?

    October 2007 (Magazine)

    Swiss investment foundations have lost some of the tax advantages they previously enjoyed. Rachel Fixsen examines whether they can continue to find ways around this problem

  • Features

    Province of a select few?

    October 2007 (Magazine)

    Complexity and regulation continue to drive outsourcing of pension fund investments, finds Rachel Fixsen

  • News

    Pen-Sam hit by hedging while rivals see gains

    2007-09-07T14:00:00Z

    [15:00 CEST 07-09] DENMARK - Danish industry-wide pension fund Pen-Sam has found applying hedging strategies had a wider negative effect on earlier returns during upward markets, compared with positive gains for rival pension funds.

  • News

    Industriens' return reveals smart call on equities

    2007-09-06T15:00:00Z

    [16:00 CEST 06-09] DENMARK - Investments at Industriens Pension, Denmark’s DKK46.7bn industry-wide pension fund, produced a 2.3% pre-tax return for the first six months of the year, helped by an earlier strong equities performance and a pre-emptive move to reduce risk exposure.

  • News

    FSP tops ISP’s return through private equity

    2007-09-05T14:30:00Z

    [15:30 CEST 05-09] DENMARK - Finanssektorens Pensionskasse (FSP), the Danish pension fund for financial sector employees, has reported a 4.1% return on investments in the first half of this year, boosted by a near 50% profit on private equity.

  • Features

    Technology no longer isolated

    September 2007 (Magazine)

    Pension funds are dealing with the need for up to date systems to cope with enhanced compliance, investment and member communication demands. Rachel Fixsen reports

  • Features

    Emerging assets paramount

    September 2007 (Magazine)

  • News

    PensionDanmark positive despite return hit

    2007-09-03T15:00:00Z

    [16:00 CEST 03-09] DENMARK - PensionDanmark, the Danish labour market pension fund, has seen most its first-half return wiped out by recent market turmoil, despite improving its pre-tax investment return to 1.6%.

  • News

    Call for Denmark’s SPSS to be scrapped

    2007-08-29T11:00:00Z

    [12:00 CEST 29-08] DENMARK - The Danish government’s decision to carry on suspending payments into the Special Pensions Savings Programme does not go far enough and the scheme should be scrapped completely, according to the Danish Insurance Association.

  • News

    ATP sees lower longevity funding

    2007-08-23T13:30:00Z

    [14:30 CEST 23-08] DENMARK - Increased life expectancy has prompted Denmark’s largest pension scheme ATP to make a further DKK700m (€94m) in provisions, the fund said in its interim report.

  • News

    MP Pension generates early positive return

    2007-08-21T11:00:00Z

    [12:00 CEST 21-08] DENMARK - Gains in equities and property helped MP Pension, the Danish pension fund for psychologists and people with advanced university degrees, offset bond losses and pull its investment return back into the black, the fund’s half-year figures reveal.

  • News

    FondoPoste moves to external managers

    2007-08-17T15:45:00Z

    [16:45 CEST 17-08] ITALY – The FondoPoste pension fund has restructured its asset management and appointed seven external managers to take care of its €100m of assets.

  • News

    Italy agrees last-minute retirement deal

    2007-07-20T16:00:00Z

    [17:00 CEST 20-07] ITALY - The Italian government has finally reached agreement with trade unions on pension reforms to gradually raise the country’s State retirement age.

  • Features

    Looking over the regulatory fence

    July 2007 (Magazine)

    The freedom of the EU pensions directive allows pension funds to move to more favourable jurisdictions. But, as Rachel Fixsen reports, deciding on such a course of action is not easy

  • News

    PKA mandates hail 'responsible' focus

    2007-07-03T16:09:05Z

    [17:08 CEST 03-07] DENMARK - Danish occupational pension funds administrator Pensionskassernes Administration (PKA) has hired fund manager Hermes to carry out share-ownership responsibilities for its €3.7bn of non-domestic equity investments, the two parties said.

  • Features

    A foundation of strength

    July 2007 (Magazine)

    Italy’s banking foundations are among the countries more sophisticated institutional investors, finds Rachel Fixsen

  • News

    PensionDanmark sees agricultural growth

    2007-06-21T16:08:25Z

    [17:08 CEST 21-06] DENMARK - Labour market pension fund PensionDanmark has gained 2,500 new members, all employed in the Danish agricultural machinery dealing sector.

  • News

    Foundations pool to create multi-manager Fondaco

    2007-06-20T16:00:05Z

    [17:00 CEST 20-06] ITALY - Three Italian foundations are joining forces to set up a Luxembourg-based pooled investment vehicle, in a bid to win economies of scale.