All articles by Barbara Ottawa – Page 57
-
.jpg)
NewsSwisscanto justifies pension funding statistics
SWITZERLAND – Swisscanto has defended its figures on funding levels of Swiss Pensionskassen, saying divergences with official stats can be explained by differing samples and methods.
-
NewsGerman province to promote fund-based pensions
GERMANY – The German province of Hessen is aiming to increase the share of small and medium-sized enterprises in the second pillar by promoting fund-based pensions.
-
News'Burdensome' PSV levy drives IBM Germany to set up Pensionsfond
GERMANY – IBM Germany is planning to set up a Pensionsfond to evade high pension solvency levies.
-
NewsSwiss government 'reluctant' to take legal action against former UBS board
SWITZERLAND – Taking legal action against the former board at UBS has to be weighed against public pension funds' interests, as they will have "little interest" in paying large sums for lawsuits, Swiss finance minister Hans-Rudolf Merz has told parliament.
-
NewsGerman companies keeping workers in dark on pension schemes
GERMANY – The number of occupational pension schemes would be much higher in Germany if employees were better informed, according to a survey by the Institute for Management and Economic Research (IMWF).
-
NewsSwiss roundup: BVK, AFIAA, Canton Pensionskassen
SWITZERLAND – A parliamentary commission has been set up to investigate allegations of corruption at the Swiss public fund BVK.
-
NewsGerman companies turning to LDI, alternatives for pension schemes
GERMANY – German multinational companies have been using hedging strategies, liability-driven investment (LDI) and alternatives increasingly, but are still reducing equities, according to a survey by Towers Watson.
-
.jpg)
NewsSwiss canton of Solothurn goes solo on supervision
SWITZERLAND – The Canton of Solothurn in the northwest of Switzerland has decided to keep its own Pensionskassen supervisor, thereby rejecting government recommendations to join forces with other cantons.
-
NewsSwiss pension funds fret over demographic changes, poor returns
SWITZERLAND – Demographic changes and lower than expected returns have been the biggest headaches for Swiss Pensionskassen this year, according to an Ernst & Young survey.
-
NewsConsultancy sees trouble for smaller custodians in Germany
GERMANY – New regulatory requirements from the German supervisor and increasing demands from institutional investors will lead to consolidation in the local custodian market, according to Kommalpha Institutional Consulting.
-
NewsGerman occupational pensions still financial burden for SMEs – Kienbaum
GERMANY – Only 50% of German SMEs offer occupational pensions to directors, research by Kienbaum consultancy has found, and they do not anticipate this to change soon.
-
NewsSwiss Canton considers loan for pension fund to boost investments
SWITZERLAND – The finance department for the Swiss canton of Basel-Land is considering a loan to regional public pension fund BLPK in an effort to boost its investments as part of a recovery plan.
-
NewsGerman roundup: BVI, Delta Lloyd
GERMANY – Inflows into Spezialfonds are set to exceed 2009’s total volume, according July figures released by the investment and asset management association BVI.
-
NewsAberdeen touts emerging market debt despite lack of research
GLOBAL – Pension funds should not wait for emerging market debt to become more researched and re-valued, but look to invest now that yield spreads are still attractive, according to Aberdeen.
-
.jpg)
NewsSwitzerland's AHV cites 'positive' first-half results
SWITZERLAND – Marco Netzer, president of first-pillar pension fund AHV, has reported a "positive result" for the first half of 2010 and said he was "not too bothered" about the current weakness of the euro and other currencies.
-
.jpg)
NewsSwiss roundup: BVG minimum return, APK
SWITZERLAND – The Swiss occupational pension commission has recommended the government keep the minimum return rate for Pensionskassen at current levels.
-
NewsChamber of Pension Funds says Polish transfer 'off the table'
POLAND – The proposal to take funds from Poland's mandatory second pillar and transfer them into the state pension "will not be realised" following talks between prime minister Donald Tusk and representatives of the country's pension funds, Dariusz Stanko, advisor to the president of the Polish Chamber of Pension Funds ...
-
NewsTender roundup: AHV, Hewitt, LCP
EUROPE – The CHF26.5bn (€20.2bn) Swiss first-pillar fund AHV is looking for one or more active commodities future managers.
-
NewsPolish PM attacks pension funds on fees, performance
POLAND – Donald Tusk, Poland's prime minister, has demanded that second-pillar pension funds in his country cut costs and ensure higher pension benefits.
-
News
Equity quotas for Austrian funds will stay at 30%, says FVPK
AUSTRIA – Equity quotas for Austrian Pensionskassen have returned to around 30% from a 25% dip in 2008, and they are set to remain at that level for years to come, according to the Austrian Association of Pensionskassen (FVPK).
