All IPE articles in September 2004 (Online) – Page 5
-
News
Pensions savvy “helpful” for new UK regulator
UK – Knowledge of workplace pensions is only among the ‘helpful-to-have’ requirements of the chair of the new Pensions Regulator, according to the ad for the job.
-
News
Hewitt and Watson hire from Aon and ISIS
UK – Hewitt Bacon & Woodrow and Watson Wyatt LLP have both made senior appointments in the UK, hiring from Aon Consulting and ISIS Asset Management respectively.
-
News
ADAM opens institutional office in Zurich
SWITZERLAND - Allianz Dresdner Asset Management says it has opened an office in Zurich focused on institutional clients – saying a “dynamic change” is happening in the market.
-
News
IBM declines comment on talk about UK scheme
UK – IBM’s top UK pensions executive has declined to comment on talk that the company’s is considering options – including wind-up - for its C-Plan scheme, part of its 3.5 billion-pound (5.1 billion-euro) UK pension arrangements.
-
News
DB plans seen as fastest growing hedge investors
GLOBAL - Defined benefit pension schemes are expected to be the fastest growing source of institutional investors into hedge funds, according to a new survey.
-
News
PVK says too soon to say who will get assets
NETHERLANDS – The PVK, the pensions and insurance regulator which is in the process of merging with the Dutch central bank, says it is too soon to name the insurer to whom it will outsource its pension assets.
-
News
Swiss Life warns of 2nd-pillar “casino mentality”
SWITZERLAND - The chief executive of insurer Swiss Life, Paul Mueller, has warned that accepting shortages of coverage in the Swiss second pillar was a “casino mentality”.
-
News
Trustee system outdated – Oxford’s Clark
GLOBAL – The existing system of pension fund governance in the US and UK – with its roots in the nineteenth century – does not reflect the “financial imperatives” of the 21st century, says Oxford University professor Gordon Clark.
-
News
INTERVIEW: UniCredito CEO on Italian pensions
ITALY - Alessandro Profumo, the chief executive of Italian bank UniCredito Italiano Group, has outlined to IPE in an interview the way forward for Italian occupational pensions.
-
News
AP3 awards three mid-cap briefs worth E439m
SWEDEN - The 16.6 billion-euro Third Swedish National Pension Fund, Tredje AP-fonden or AP3, has awarded three European mid-cap mandates totalling more than four billion crowns (439 million euros).
-
News
US SEC signals it may OK European funds
LUXEMBOURG – The US financial regulator, the Securities and Exchange Commission, has signalled that it may propose mutual recognition between US and European investment funds.
-
News
CalPERS changes way it hires and fires managers
US - CalPERS, the largest pension fund in the US, is to change the way it hires and fires asset managers - setting up a "spring-fed pool" of managers that it can switch in and out of quickly.
-
News
Hermes, DeAM officials join UK accounting board
UK – Tony Good, the former head of investment research at Norwich Union Investment Management who is now with Hermes, has joined the UK’s accounting standard Board – along with Peter Westlake of Deutsche Asset Management.
-
News
NAPF sees “no evidence” of short-termism
UK – The head of the National Association of Pension Funds says there is “no evidence” that asset managers are fired for poor short-term performance.
-
News
Finnish finances boosted by employment pensions
FINLAND – Finnish general government finances are set to be boosted by the employment pensions sector, the finance ministry says.
-
News
Call for European agency for ageing
EUROPE - The European Economic and Social Committee is to debate a motion calling for a European Agency on Ageing.
-
News
UK wants 50% of trustees to be member-nominated
UK – The UK’s new pensions minister has put forward proposals to ensure that half of pension scheme trustees are nominated by members, up from a third at present.
-
News
Cabinet proposals of no value to low-paid - PGGM
NETHERLANDS – PGGM, the second largest Dutch pension scheme, says government proposals on tax relief for old-age pensions are “of no practical value” to its members on low and average pay.
-
News
Molenaar to head Robeco Asset Management
NETHERLANDS – Robeco has named Niek Molenaar as head of Robeco Asset Management as part of a revamp that has left marketing head Hans van der Koogh ousted from the firm’s top level.
-
News
Fund aims and manager pay “misaligned” – Watson
GLOBAL – Roger Urwin, global head of investment consulting at Watson Wyatt, says the firm has found pension funds are worried about a “misalignment” between their objectives and asset managers’ remuneration.
