Asset Allocation – Page 154
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Features
Mandatory call in Germany
The German Union Federation (DGB) has urged the government to make it compulsory for employers to offer corporate pensions to their employees. Speaking in Berlin, DGB vice chairman Ursula Engelen-Kefer said the move was necessary to, in the first place, compensate for future reductions in the state pension. As a ...
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Features
Building confidence in indexation
In the Netherlands indexation of pension benefits to either wage or price increases has long been considered a guaranteed right. Although indexation used to be conditional on the pension fund’s position, in practice full indexation was virtually always given. In the communication to pension beneficiaries the possibility of indexation cuts ...
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Features
Bill of rights for the mobile
The European Commission’s proposal for a directive on improving the portability of supplementary pension rights, if accepted, could significantly improve the position of mobile workers – both across borders and within member states – but about which many concerns have been expressed regarding excessive costs. Vladimir Spidla, the European commissioner ...
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Features
When the balance sheet rules
IPE asked three pension funds – in Portugal, the UK and Denmark – the same question: ‘What do you see as the implications of the implementation of IAS 19?’ Here are their answers: Colin Hartridge-Price, scheme secretary and chief pensions officer at the BT Pensions Scheme & BT Retirement ...
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Features
DB back from the dead
When hedge funds, investment banks and private equity firms get involved it’s a sure sign that there’s some potentially serious money to be made. So what’s the hot new market they’re looking at? You might be surprised to learn that it’s the previously unglamorous field of defined benefit (DB) corporate ...
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Features
On the added value of fixed income tactical asset allocation
Why would one pursue an active allocation investment policy within a fixed income portfolio? The overall risk of the fixed income portfolio is low compared to the other traditional asset classes. Even the most risky fixed income asset classes like Emerging Markets and High Yield have a volatility which is ...