All articles by Barbara Ottawa – Page 93

  • News

    DB/DC contribution spread widens

    2007-10-11T15:45:00Z

    [16:45 CEST 11-10] UK – While contributions to open defined benefit pension schemes have increased steadily over the last three years, those to defined contributions plans have remained at a similar level, reveal new tables published by National Statistics.

  • News

    Too early for mandatory second pillar - ÖPAG

    2007-10-11T15:00:00Z

    [16:00 CEST 11-10] AUSTRIA – Introducing mandatory second pillar pensions in Austria is 'unrealistic' at present, according to Johannes Ziegelbecker, director at the €1.9bn multi-employer Pensionskasse ÖPAG.

  • News

    Three in four firms top pensions minimum

    2007-10-10T12:00:00Z

    [13:00 CEST 10-10] SWITZERLAND – More than 75% of employers in Switzerland contribute more to their occupational pension funds than is required by law.

  • News

    Swiss Pensionskassen 'suffocated' by regulation

    2007-10-09T14:30:00Z

    [15:30 CEST 09-10] SWITZERLAND – Increasing regulation on investment limits and higher demands on Pensionskassen regarding pensions benefits guarantees is hindering the growth of pension funds, a father of the Swiss pension system has claimed.

  • News

    Hansa equity team defects to build Limestone

    2007-10-09T10:00:00Z

    [11:00 CEST 09-10] ESTONIA – A total of nine people have left Estonia-based Hansa Investment Funds to set up their own specialist Eastern European and Central Asian asset manager.

  • News

    DC will face same problems as DB - Mercer

    2007-10-08T15:30:00Z

    [16:30 CEST 08-10] UK – A rise in the development of defined contribution (DC) schemes will trigger more government intervention and this will in turn increase costs, consultancy firm Mercer has predicted.

  • News

    Resolution trustees OK Friends merger

    2007-10-08T15:15:00Z

    [16:15 CEST 08-10] UK – Resolution Asset Management got the go ahead for the merger with Friends Provident from its pension fund trustees.

  • News

    F&C ready to go fiduciary

    2007-10-05T15:30:00Z

    [16:30 CEST 05-10] NETHERLANDS – F&C today unveiled details of its anticipated move into fiduciary management for the Dutch pension market.

  • News

    Swiss Life mulls sale of Dutch and Belgian firms

    2007-10-05T15:15:00Z

    [16:15 EST 05-10] EUROPE – Zurich-based life and pension insurer Swiss Life confirmed it might sell its businesses in the Netherlands and Belgium.

  • News

    Ex-Mercer consultants set up independent trustee firm

    2007-10-05T13:00:00Z

    [14:00 CEST 05-10] UK – Roy Carr, Bill Rayner, Paul Greenwood and John Hawkins have joined forces to form Foresight Trustees.

  • News

    IPE-QUEST: €25m global equity mandate

    2007-10-04T15:12:00Z

    [16:15 CEST 04-10] GLOBAL – An Australian multi-manager is looking for an active global developed markets manager using IPE-Quest.

  • News

    One fifth of funds say 'it's too late' to save DB

    2007-10-04T14:45:00Z

    [15:45 CEST 04-10] UK – Some 19% of pension funds responded to a question from the National Association of Pension Funds (NAPF) on what the British government could do to encourage defined benefit pension prevision, by saying it was "too late" to do anything.

  • News

    Irish managed funds down 3.3% in Q3

    2007-10-04T13:56:00Z

    [15:30 CEST 04-10] IRELAND – Managed pension funds reported an average third-quarter decline of 3.3%, according to a report by Rubicon Investment Consulting.

  • News

    Conference told of IORP problems for CEE states

    2007-10-04T08:51:00Z

    [14:00 CEST 04-10] HUNGARY – The EU pension directive is having more of a negative than a positive affect on the pension systems of central and eastern European (CEE) countries, a conference in London's Chatham House was told.

  • News

    Pioneer soaks up Capitalia assets

    2007-10-03T14:47:00Z

    [16:30 CEST 03-10] ITALY – Pioneer, the asset management arm of the UniCredit group, will grow its assets under management by €30bn following the merger with Capitalia.

  • News

    Irish DB closure total triples

    2007-10-03T13:54:00Z

    [16:00 CEST 03-10] IRELAND – The number of employers that have closed their defined benefit schemes has risen from 12% to 39% in the last five years, a new study commissioned by the Irish Association of Pension Funds (IAPF) reveals.

  • News

    AP2 outperforms by 18.7% in Swedish equities

    2007-10-03T13:17:00Z

    [16:00 CEST 03-10] SWEDEN – The domestic equities portfolio of the second Swedish buffer fund AP2 has outperformed its benchmark by 18.7% over the past five years.

  • News

    IPE-QUEST: $50m UK large cap equity mandate

    2007-10-03T11:48:00Z

    [12:00 CEST 03-10] UK – A private bank based in the UK is looking for a manager for a domestic active large cap core mandate using IPE Quest.

  • News

    Swiss newspaper apologises over Swissfirst scandal

    2007-10-02T14:42:00Z

    [17:00 CEST 02-10] SWITZERLAND – The Swiss tabloid 'Blick' has apologised to Jürg Maurer, head of investments at Rieter Pensionskasse, for the way it portrayed him in its coverage of the Swissfirst scandal.

  • News

    Decline in confidence ups UK scheme surpluses - Aon

    2007-10-02T14:12:00Z

    [17:00 CEST 02-10] UK – Recent market turbulence and the subsequent decline in confidence in the UK banking sector have helped to improve pension fund surpluses – at least on paper, Aon Consulting claims.