All IPE articles in September 2007 (Online) – Page 2

  • News

    China seeks retirement guidance from Pensions Trust

    2007-09-26T15:00:00Z

    [16:00 CEST 26-09] UK/China – A delegation of Chinese government officials has met with officials at the UK’s Pension Trust to discuss how it might apply lessons learned from the European management of retirement provision.

  • News

    Smiths Group sees improved pensions surplus

    2007-09-26T14:00:00Z

    [15:00 CEST 26-09] UK – Smith Group, a specialist supplier of detection equipment for airport security, has more than doubled its funded pension schemes surpluses and pulled increased the value of its UK fund to almost £3bn (€4.5bn).

  • News

    E-Quality suggests solution to retired migrant poverty

    2007-09-26T13:30:00Z

    [14:30 CEST 26-09] NETHERLANDS - A mandatory pension for every worker could help to provide migrants with a reasonable pension at retirement, E-Quality, the Dutch knowledge centre for emancipation, family and diversity, has claimed.

  • News

    Buyout 'confederation' attacked by Pensions Regulator

    2007-09-26T13:00:00Z

    [14:00 CEST 26-09] UK – The Pensions Regulator has criticised officials of a new defined benefit pensions buyout operation for suggesting the occupational pensions watchdog endorses its new operation and for making misleading statements about the regulatory status of schemes using its offering.

  • News

    Wednesday people update

    2007-09-26T10:00:00Z

    [11:00 CEST 26-09] GLOBAL – People moves roundup: Permira, Caceis, BlackRock, State Street, Watson Wyatt, BNP Paribas, NBIM, Fortis, Investec, Millennium Global Investments, Premier Pensions Management, Morse, Nordea.

  • News

    ACA urges government to introduce pension reform

    2007-09-25T15:33:00Z

    [16:33 CEST 25-09] UK – The Association of Consulting Actuaries (ACA) is urging the UK government to encourage risk-sharing schemes by introducing legislative reforms.

  • News

    eShare to set up online trustee forum

    2007-09-25T15:30:00Z

    [16:30 CEST 25-09] UK – eShare, a UK provider of web-based governance tools, is setting an online discussion forum for pension fund trustees.

  • News

    Series of new ETFs enter the market

    2007-09-25T15:30:00Z

    [16:30 CEST 25-09] GLOBAL – Exchanges-traded funds providers ETF Securities and Lyxor have unveiled additions to their London-listed futures offerings, covering the commodities and Japanese markets.

  • News

    Northern Rock faces class action scrutiny

    2007-09-25T15:00:00Z

    [16:00 CEST 25-09] UK – FTSE 100-listed company Northern Rock could yet be the subject of a shareholder class action suit over the management’s reactions to its financing position in the August credit crunch.

  • News

    ABP to double microfinance holdings again

    2007-09-25T14:30:00Z

    [15:30 CDEST 25-09] NETHERLANDS – Major Dutch pension fund ABP expects to increase its investments in microfinance from $20m to around $40m (€28.4m) by the end of this year.

  • News

    Dutch insurers claim 18% of second pillar

    2007-09-25T14:00:00Z

    [15:00 CEST 25-09] NETHERLANDS - Life insurers built up an 18% share of the second pillar pensions market by 2005, the Dutch Centre for Insurance Statistics, or CVS, has claimed.

  • News

    Pensions Corporation buys out Telent shell

    2007-09-25T13:30:00Z

    [14:30 CEST 25-09] UK – Edmund Truell’s Pension Corporation has agreed a £400m (€570.5m) takeover bid with Telent plc, the UK telecoms equipment making arm of the Marconi group.

  • News

    DNB embarks on fining spree

    2007-09-25T13:15:00Z

    [14:15 CEST 25-09] NETHERLANDS - Dutch insurer Achmea is the latest company to be hit with a fine from pensions regulator De Nederlandsche Bank (DNB) for reportedly violating Dutch law on corporate pension funds’ use of member data.

  • News

    Glitnir signs up to SuperDerivatives

    2007-09-24T15:45:00Z

    [16:45 CEST 24-09] EUROPE – Scandinavian asset management and banking group Glitnir is adopting the SuperDerivatives multi-asset derivatives pricing and analytics platform to all of its foreign exchange currency and equity options.

  • News

    Royal Mail hits back at pensions strike action

    2007-09-24T15:15:00Z

    [16:15 CEST 24-09] UK – Royal Mail has criticised plans by its staff to strike over the future of the company pension fund and other employment terms.

  • News

    Italy’s second pillar flourishes under TFR

    2007-09-24T14:45:00Z

    [15:45 CEST 24-09] ITALY – Subscriptions to the Italian second pillar doubled to 2.7 million accounts in the first half of this year, the Italian pension fund regulator, Covip has announced.

  • News

    Pension funds gain access to deficit insurance

    2007-09-24T14:30:00Z

    [15:30 CEST 24-09] UK – A company is set to launch in the UK which offers defined benefit pension schemes a form of insurance to cover their pension deficits.

  • News

    DNB fines Mn for 'illegal' data use

    2007-09-24T14:15:00Z

    [15:15 CEST 24-09] NETHERLANDS - Pensions regulator De Nederlandsche Bank has fined Dutch pensions provider and asset management firm Mn Services for trying to “illegally” obtain information about participants of industry-wide schemes for additional insurance services.

  • News

    Sainsbury’s trustees set for Delta Two talks

    2007-09-24T12:30:00Z

    [13:30 CEST 24-09] UK – Trustees of the J Sainsbury pension scheme are expected to meet executives of Delta Two this week, in the hope of reaching an agreement concerning the potential takeover of the supermarket chain.

  • News

    Edhec sets up pension fund research chair

    2007-09-24T12:00:00Z

    [13:00 CEST 24-09] FRANCE – The Nice-based business school Edhec and Axa Investment Managers have created a research chair on regulation and institutional investments.