All articles by Barbara Ottawa – Page 47
-
NewsIAS19 hitting funding levels at Swiss pension plans, says Towers Watson
Funding level at 'typical Swiss pension plan' falls by about 4% under IAS19.
-
NewsAustrian roundup: arithmetica on complexity, VBV on Europe's periphery
AUSTRIA – The Austrian second pillar is "too complex", and there are too many products and providers to be efficient, according to Christoph Krischanitz, head of actuarial consultancy arithmetica.
-
.jpg)
NewsSwiss roundup: Publica, Swisscanto, APK, BVG, BVK
Strong Swiss franc, economic environment responsible for Swiss pension funds' losses.
-
NewsGerman pension funds club together in high-voltage deal
GERMANY – Schemes say deal supports government's new energy policy in wake of nuclear disaster in Japan.
-
NewsEthos excludes commodities company Glencore from portfolio
Swiss Foundation for Sustainable Development cites breaches of environmental, social standards.
-
NewsGerman pension scheme VBL wins court case over top-up premiums
GERMANY – Federal court rules payments demanded by supplementary pension scheme were legitimate.
-
NewsCompanies 'must review' pension fund investment strategies under IAS19
Firms should check strategies, asset allocations to assess de-risking benefits, says Mercer.
-
.jpg)
NewsSwiss head of Mercer Investment Consulting decamps for UBS
Sven Ebeling to become head of asset servicing at UBS from beginning of October.
-
NewsUnion Investment lands first clients for shareholder engagement service
GERMANY – Clients include church supplementary pension schemes in province of North Rheine-Westfalia.
-
NewsLithuania to cap pension fund contributions at 2%, allow opt-outs
Lithuania could introduce cap to pension fund contributions from 2013 with revision after 2020.
-
NewsGerman pension schemes embracing socially responsible investment
GERMANY – SRI on rise with municipal funds, Versorgungswerke, but fails to take off with state funds.
-
NewsInquiry into Swiss BVK real estate division finds 'inadequacies'
Experts criticise lack of staff and need for governmental approval on property deals.
-
NewsAustrian roundup: Pensionskassen H1 results, Austrian Chamber of Commerce
AUSTRIA – Austrian Pensionskassen reduce equity exposure as Q1 results see -1.2% returns.
-
.jpg)
NewsSwiss pension funds report negative first half for 2011
Schemes covered by Credit Suisse Pensionskassen index report combined loss of 0.4%.
-
News
IMF weighs in on pension systems in Germany, CEE
EUROPE - According to the IMF, German Pensionskassen can survive a low-interest rate environment for several years - but the organisation sees pension book reserves held on balance sheets becoming a problem. In its most recent assessment of Germany, the International Monetary Fund (IMF) stated that “soundness indicators” ...
-
NewsDB Advisors sees 'growing interest' among institutionals in multi-asset
GERMANY – Says its €30bn in multi-asset AUM likely to grow fastest in Asia, continental Europe.
-
NewsCourt forces IBM Germany to pay full pension insolvency levy
GERMANY – Spokesperson says company has 'taken notice' of ruling, but still weighing next steps.
-
NewsOECD urges Austria to roll back early-retirement incentives
AUSTRIA – Says country has one of lowest actual retirement ages compared with retirement age.
-
NewsUkraine opposition vows to fight 'criminal' pensions law
UKRAINE – Newly passed law should unlock next $1.5bn tranche of IMF's $15bn lending package.
-
NewsCustodians burdened by regulatory changes in Germany, says kommalpha
GERMANY – New domestic and Europe-wide regulations for the financial sector are putting pressure on custodians operating in Germany, consultancy kommalpha has found.
