All articles by Barbara Ottawa – Page 65

  • News

    IMF tells Czechs to grow the second pillar

    2010-01-26T15:00:00Z

    CZECH REPUBLIC – Moving to a fully-funded second pillar should be part of a sustainable pension reform in the Czech Republic, the International Monetary Fund (IMF) has argued.

  • News

    Luzern moves one step closer to pension recovery

    2010-01-25T15:30:00Z

    [16:30 CET 25-01] SWITZERLAND – An advisory body to the regional parliament of the canton of Luzern has recommended officials approve proposed pensions recovery measures but introduce a time limit in which this must be achieved.

  • News

    Pensions should be top priority in CEE, says IMF

    2010-01-22T15:35:00Z

    [16:35 CET 22-01] EUROPE – When it comes to structural reforms CEE countries should tackle pension first, a representative of the International Monetary Fund (IMF) said – and Romania is taking a first step.

  • News

    Info boosts pensions over contributions - German study

    2010-01-21T15:30:00Z

    [15:30 CET 21-01] GERMANY - More information rather than higher employer contributions is the key to increasing participation in a company pension scheme, according to a study by DIA, the German institute for retirement research backed by Deutsche Bank.

  • News

    German ALM interest is growing – Hewitt

    2010-01-19T15:30:00Z

    [16:30 CET 19-01] GERMANY – The need for strategic investment consulting, including asset-liability studies, will grow among German institutionals, according to the German heads of newly-branded Hewitt Associates.

  • News

    Swiss pension returns average 11% in 2009

    2010-01-18T15:45:00Z

    [16:45 CET 18-01] SWITZERLAND – Swiss Pensionskassen returned an average of 10.8% and 11.56% last year, depending on the data calculation method selected.

  • News

    Austrian pension funds return 9%

    2010-01-15T14:30:00Z

    [15:30 CET 15-01] AUSTRIA – The average return of Austria's 17 Pensionskassen was 9% in 2009, the pension fund association FVPK has revealed.

  • News

    Pensioners threaten court action against Siemens

    2010-01-14T15:10:00Z

    [16:10 CET 14-01] AUSTRIA – Around 150 members of the Siemens Pensionskasse in Austria are looking to sue their former employer, alleging they have not received as much from their retirement vehicle as was promised.

  • News

    Hungarian pension funds return over 20%

    2010-01-13T15:15:00Z

    [16:15 CET 13-01] HUNGARY – Hungarian mandatory pension funds have made up for the losses suffered in 2008 by returning 21.3% on average over the past 12 months.

  • News

    Swiss gov't to keep lump sum pension tax advantages

    2010-01-12T15:00:00Z

    [16:00 CET 12-01] SWITZERLAND – People who choose to take lump sum payouts at retirement get tax advantages under the Swiss mandatory second pillar compared with those who choose regular pension payments. And it is going to stay this way, according to the government.

  • News

    Young Germans put pensions back on the agenda

    2010-01-11T15:50:00Z

    [16:50 CET 11-01] GERMANY – Young Germans are thinking about supplementary retirement provision again for the first time since 2008, according to a study conducted by Union Investment.

  • Without risk there is no need for funded systems – VFPK
    News

    Without risk there is no need for funded systems – VFPK

    2009-12-23T14:30:00Z

    [15:30 CET 23-12] GERMANY – Funded pension vehicles need to take some risks to ensure added value for employees, says Peter Hadasch, head of the German federation of company pension schemes VFPK.

  • Swiss Alcan pension secures recovery plan
    News

    Swiss Alcan pension secures recovery plan

    2009-12-22T12:30:00Z

    [13:30 CET 22-12] SWITZERLAND – The Swiss multi-employer fund Alcan will be levying additional contributions next year, under a new head who has yet to be named.

  • News

    Usual suspects top list of nations needing pension reform

    2009-12-22T11:00:00Z

    [12:00 CET 22-12] EUROPE – Greece, Slovenia and Spain have topped a list compiled by Allianz Global Investors (AGI) of the most unsustainable pensions systems in Europe.

  • Delta Lloyd Germany secures pensions consultancy buyout
    News

    Delta Lloyd Germany secures pensions consultancy buyout

    2009-12-21T12:00:00Z

    [13:00 CET 21-12] GERMANY – The German Delta Lloyd group is severing its pension consultancy arm BVE via a management buy-out.

  • News

    Ten confirmed to join Swiss Ascoop fund

    2009-12-18T15:50:00Z

    [16:50 CET 18-12] SWITZERLAND – The Ascoop spin-off fund to be created next year will be named Symova and will initially see 10 companies join it.

  • News

    Four in 10 Swiss pensions changed asset allocation - Hewitt

    2009-12-18T13:30:00Z

    [14:30 CET 18-12] SWITZERLAND – Most Swiss underfunded pension schemes chose to cut or abolish indexation above the legal minimum but only 40% changed their asset allocation as a result of the crisis, Hewitt Switzerland found in a survey.

  • News

    New chief at Austria's VVP considers equity risk hedge

    2009-12-17T15:00:00Z

    [16:00 CET 17-12] AUSTRIA – The Victoria-Volksbanken Pensionskasse (VVP) may hedge parts of its portfolio in 2010, its new head Axel Hartleib, has told IPE.

  • News

    Poland to ease pensions investment rules (amended)

    2009-12-15T15:00:00Z

    POLAND – As part of the plan to divert some contributions from the second pillar to the first investment regulations for open pension funds (OPFs) would be loosened, IPE learnt.

  • News

    AHV reports over 9% for first 10 months

    2009-12-11T12:00:00Z

    [13:00 CET 11-12] SWITZERLAND – Marco Netzer, head of the Swiss first pillar fund AHV, expects „a very good“ annual result and prepares for major structural changes next year.