All IPE articles in September 2009 (Online) – Page 8
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News
Wednesday people roundup (amended)
[15:30 CEST 30-09] GLOBAL – BNY Mellon AM, Avenir, Financial Supervisory Authority, Government Actuary’s Department, Gartmore, Skagen, Standard Life Investments, Aviva Investors, Profund, SNS Reaal, Insparo, UBS
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News
Swedish government to overhaul AP7
[16:00 CEST 30-09] SWEDEN - The Swedish government is proposing wide-ranging changes to the country’s premium-based pension system (PPM) and AP7 - responsible for managing the premium choice and default funds - which will see both scrapped and transformed into a single new type of fund, in a bid to ...
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News
Reinsured Dutch schemes given leeway on recovery plans
[16:00 CEST 30-09] NETHERLANDS - Reinsured pension schemes with a shortfall caused by credit risk at a reinsurer are not required to submit a recovery plan before 1 April 2010, the pension regulator De Nederlandsche Bank has announced.
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News
Recovery allows Danica to improve pension terms
[16:10 CEST 30-09] DENMARK - Danica Pension, part of Denmark’s Danske Bank, has raised the account yield on its traditional pension plan and lifted the transfer penalty it introduced last autumn to deal with underfunding.
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News
Profond changes fee-structure post-crisis
[16:10 CEST 30-09] SWITZERLAND – The CHF2.2bn (€1.46bn) Swiss multi-employer pensionskasse Profond has changed the fee structure for its portfolio managers, in a bid to reduce costs.
