All IPE articles in September 2007 (Online) – Page 4
-
News
German state pension "showing signs of strength"
GERMANY – Germany’s state pension scheme is showing signs of renewed strength as the ‘so-called’ sustainable reserve is almost three times the legal minimum and the scheme is expected to have a surplus for the full year, pension experts say.
-
News
TPR cautions on pension buyouts
[16:00 CEST 12-09] UK - The Pensions Regulator (TPR) has warned although pension buyouts are an acceptable way for companies to transfer pension liabilities, employers should not consider it a way to abandon their schemes.
-
News
Aviva buys Romanian asset manager
ROMANIA – UK-based life and pension service provider Aviva is set to take over Romanian asset manager Certinvest.
-
News
Large managers disappoint French funds
[16:30 CEST 12-09] FRANCE – Large asset management companies lost credibility with French pension funds during the sub-prime lending crisis, according to a study.
-
News
Market changed public pensions' strategies - Fidelity
[11:00 CEST 13-09] UK- Recent stock market turbulence may have persuaded local authority pension funds to shift more asset allocation into alternatives, suggests a survey by Fidelity International.
-
News
Pensions Board issues checklist
[13:00 CEST 13-09] IRELAND – The Pensions Board, the Irish pensions regulator, has published checklists for employers and trustees detailing their obligations to make pensions information available to employees and to inform the Pensions Board that such an arrangement has been made.
-
News
Mercer to offer diversified growth fund
[13:00 CEST 13-09] EUROPE – Mercer is to launch its diversified alpha fund (DAF), its first fund under the new brand. The group was known as Mercer Global Investments until earlier this week.
-
News
R&SA plans pensions fusion
[13:00 CEST 13/09] UK – Major British insurer Royal & SunAlliance (R&SA) plans to place its three UK pension schemes under one umbrella provision, IPE has learnt.
-
News
Large UK firms anger union over pensions
[13:00 CEST 13-09] UK – BAA and Royal Mail have angered unions with planned changes to their respective retirement provisions.
-
News
PPF says it aims to reduce levy
[13:00 CEST 13-09] UK – The UK Pension Protection Fund (PPF) aims to reduce its levy within the next five to 10 years, according to the fund’s director of corporate affairs Paul Reynolds.
-
News
DekaBank to launch ETFs for German institutions
[13:00 CEST 13/09] GERMANY – DekaBank, the asset manager for German savings banks (Sparkassen), plans to roll out exchange-traded funds (ETFs) for German institutional investors in the first quarter of 2008. The launch is subject to regulatory approval.
-
News
Hertfordshire issues global equities tender
[13:00 CEST 13-09] UK – The £2bn (€3bn) Hertfordshire County Council pension fund is seeking to change its equity weighting by issuing a new £200m global mandate tender.
-
News
Avon and North Yorks file GSK class action
[13:15 CEST 14-09] UK – Avon and North Yorkshire county council pension funds are filing legal papers in the US to lead a class action suit against GlaxoSmithKline for allegedly misleading the stock market about the safety of one of its drugs.
-
News
PGGM takes on Citi's emerging market credit risk
[13:30 CEST 14-09] NETHERLANDS/UK – Major Dutch pension fund PGGM said today it has agreed to take on part of the risk of financial group Citi’s portfolio of emerging market credit exposures.
-
News
Swansea goes specialist
[14:00 CEST 14-09] UK – The £900m (€1.3bn) City and County of Swansea pension fund is looking for up to 12 specialist managers, including hedge fund and private equity specialists, to manage some of its assets.
-
News
Vienna unveils tradable Ukrainian index
[14:45 CEST 14/09] AUSTRIA/UKRAINE – The Vienna Stock Exchange (VSE) has unveiled the latest addition to its family of eastern European indices, the Ukrainian Traded Index (UTX).
-
News
Pension trace service launched
[14:33 CEST 14-09] UK – The British government's Pension Service body is offering a free service to assist people to trace various pension benefits they might have accrued at previous places of employment.
-
News
Swiss SME scheme reports huge 1H gains
[15:00 CEST 14-09] SWITZERLAND – Pensionskasse Pro, a pension fund targeted at small- to midsize enterprises (SMEs) in Switzerland, has reported huge gains in assets and the number of firms insured for the first half of 2007.
-
News
Long-term pension fund perspective required - DNB
[15:00 CEST 14-09] NETHERLANDS - Dutch Pension funds must focus their contributions and indexation policy on long-term needs rather than short-term targets, according to supervisor De Nederlandsche Bank.
-
News
EIRiS sees pension funds’ ESG interest grow
[15:00 CEST 14-09] EUROPE – UK think-tank Ethical Investment Research Services (EIRiS) is in talks with several UK local authority pension funds and Benelux schemes.
