Advisers – Page 60

  • News

    Fortis hires CSR experts

    2007-09-06T14:30:00Z

    [15:30 CEST 06-09] GLOBAL – Banking and insurance group Fortis has created a corporate social responsibility (CSR) advisory board made up of seven international experts.

  • News

    Capita enters annuity market with purchase

    2007-09-05T15:00:00Z

    [16:00 CEST 05-09] UK – Pension administration provider Capita Hartshead has acquired pension consultant and service provider Higham Dunnett Shaw.

  • News

    Bingo group confirms pension fund sale plans

    2007-09-05T14:00:00Z

    [15:00 CEST 05-09] UK – Rank Group, the owner of Mecca Bingo and other gaming businesses, said it is contemplating putting its £700m pension scheme up for sale.

  • Features

    Solvency II nears maturity

    September 2007 (Magazine)

    International ambitions for Solvency II emerge as reforms for capital adequacy take shape, writes Jeremy Woolfe

  • News

    PGGM appoints new chairman

    2007-09-03T16:11:00Z

    [17:11 CEST 03-09] NETHERLANDS – The €89bn Dutch pension fund PGGM has appointed Martin van Rijs as chairman of the executive board of its new administration cooperative.

  • News

    Austrian funds defend performance

    2007-09-03T15:15:00Z

    [16:15 CEST 03-09] AUSTRIA – Pensionskassen should have put more money into equities last year in order to get better results, consulting firm Mercer has suggested.

  • Features

    A changed landscape

    September 2007 (Magazine)

    Investment consultants are adapting their models to cope with increasing demands from clients, finds Pirkko Juntunen, but they face competition from investment banks and boutiques

  • News

    'Return-seeking' assets favoured by schemes

    2007-08-30T15:45:00Z

    [16:45 CEST 30-08] UK – Four out of five final salary scheme sponsors would still prefer to have a significant exposure to 'return-seeking investments' despite recent market volatility, a study by Watson Wyatt suggests.

  • News

    Strong covenant key to cheap buyout - consultants

    2007-08-22T15:45:00Z

    [16:45 CEST 22-08] UK – Banks like Citigroup or other entities with strong covenants are starting to offer cheap buyout solutions for pension schemes which will "keeps trustees happy", Watson Wyatt has pointed out.

  • News

    IASB clarifies IFRIC application

    2007-08-22T15:45:00Z

    [16:45 CEST 22-08] EUROPE – Market commentators have incorrectly assessed the effects of IFRIC 14 on pension schemes, the International Accounting Standard Board (IASB) said today.

  • News

    Most schemes silent on wind-up legislation – Paternoster

    2007-08-21T15:51:00Z

    [16:51 CEST 21-08] UK – Inadequate governance at the vast majority of UK scheme means their rules do not reflect current legislation for winding up lump sums, suggests pension buyout firm Paternoster.

  • News

    Staffordshire tenders currency

    2007-08-20T12:00:00Z

    [13:00 CEST 20-08] UK – The £2.3bn (€3.4bn) Staffordshire county council pension fund is looking to appoint a manager for an active currency portfolio sized between £500m and £1bn.

  • News

    Financial advice growth poses problems for PPM

    2007-08-16T11:00:00Z

    [12:00 CEST 16-08] SWEDEN – An increasing use of financial advisers for fund selection in the Swedish premium pension plan could pose problems for the system as it generates potential bulk trading volumes.

  • News

    Northern Trust doubles pooling assets

    2007-08-14T15:45:00Z

    [16:45 CEST 14-08] GLOBAL – Assets under custody in Northern Trust's cross-border pooling vehicles have more than doubled over the last year to reach $24bn (€17.7bn).

  • News

    Pension funds more active as shareholders – NAPF

    2007-08-14T15:45:00Z

    [16:45 CEST 14-08] UK – Large UK pension funds’ engagement with the companies in which they hold shares is growing further and getting results, says the National Association of Pension Funds (NAPF).

  • News

    FRR finds new CIO

    2007-08-14T13:53:00Z

    [14:53 CEST 14-08] FRANCE – Nicolas Sobczak was named the new chief investment officer of the €33.4bn Fonds de Réserve pour les Retraites (FRR).

  • News

    State Street steps up private equity servicing

    2007-08-09T13:00:00Z

    [14:00 CEST 09-08] GLOBAL – State Street has bought the New Jersey private equity specialist Palmeri Fund Administrators (PFA), for an undisclosed sum.

  • News

    Luxembourg's FDC appoints actuary

    2007-08-09T12:00:00Z

    [13:00 CEST 09-08] LUXEMBOURG – The €5bn Fonds de Compensation commun au regime general de pension (FDC) has chosen Ernst & Young as its actuary.