All articles by Barbara Ottawa – Page 94

  • News

    DWP clarifies section 75, issues new consultation

    2007-10-02T12:51:00Z

    [17:00 CEST 02-10] UK – The Department of Work and Pensions (DWP) has clarified that triggering employer debt is only intended to prevent scheme abandonment.

  • News

    Carnegie faces losing its licence

    2007-10-02T12:29:00Z

    [17:00 CEST 02-10] SWEDEN – The financial regulator Finansinspektionen (FI) has called on Stockholm-based Carnegie bank to replace its chief executive.

  • News

    European Parliament hires Aon for controversial second study

    2007-10-02T11:21:00Z

    [17:00 CEST 02-10] EUROPE – The European Parliament will pay Aon Consulting €36,000 for a full actuarial study of the voluntary supplementary pension fund for MEPs.

  • News

    Shell to take contributions holiday

    2007-10-01T16:00:00Z

    [17:00 CEST 01-10] UK – Trustees of oil company Shell's UK pension plan have agreed to stop company contributions for the time being.

  • News

    Severance pay for self-employed

    2007-10-01T14:00:00Z

    [15:00 CEST 01-10] AUSTRIA – Approximately 500,000 self-employed people will be granted access to the severance pay funds from next year.

  • News

    UBS changes top team and cuts 1500 jobs

    2007-10-01T13:00:00Z

    [14:00 CEST 01-10] SWITZERLAND – UBS has announced a major reshuffle of its senior management following the recent market turbulence.

  • Features

    Taking stock of a buoyant market

    October 2007 (Magazine)

    Barbara Ottawa finds that even a market fall has not deterred Pensionskassen from moving away from bonds and further into equities

  • Features

    Adding extra alternatives

    October 2007 (Magazine)

    Public Pensionskassen are following the lead set by their private counterparts, Barbara Ottawa discovers

  • News

    Pension reform unnecessary, says one half of gov’t

    2007-09-27T10:00:00Z

    [11:00 CEST 27-09] AUSTRIA - The government coalition is split over a decision by the pension commission stating no reform of the retirement system is currently necessary.

  • News

    PPF 'discourages' DB schemes, argues lawyer

    2007-09-21T12:00:00Z

    [13:00 CEST 21-09] UK – Strong pension plan sponsors have issues with current regulations surrounding the Pension Protection Fund (PPF), an NAPF seminar heard.

  • News

    Berkshire trades direct property for fund

    2007-09-21T10:00:00Z

    [11:00 CEST 21-09] UK - The £1.4bn (€2.1bn) Berkshire pension fund has made a £15m investment into BlackRock's UK property fund.

  • News

    PZU sells Lithuanian pension fund operations

    2007-09-20T14:45:00Z

    [15:45 CEST 20-09] LITHUANIA – Polish insurance group PZU is selling its Lithuanian pension fund management operations to investment bank Finasta.

  • News

    Trustee code of practice ignored, claims OPA

    2007-09-20T14:30:00Z

    [15:30 CEST 20-09] UK – Companies will not fulfil the Pensions Regulator's Code of Practice on principles of 'proportionality, fairness and transparency' in trustee nomination in time for the October deadline, the Occupational Pensioners’ Alliance (OPA) has claimed.

  • News

    Deregulation unlikely, NAPF seminar told

    2007-09-20T10:00:00Z

    [11:00 CEST 20-09] UK – Minimising regulatory requirements for pension funds would be a good thing to do but it is unlikely to happen, delegates at a National Association of Pension Fund (NAPF) seminar agreed.

  • News

    'Storm brewing' says French analyst

    2007-09-19T14:54:00Z

    [16:45 CEST 19-09] FRANCE – President Nicolas Sarkozy's announcement of changes to the special pension arrangements for certain categories public employees will trigger strikes, analyst Phillip Silitschanu from the Aite Group told IPE.

  • News

    Parliamentary fund tenders admin

    2007-09-19T10:00:00Z

    [11:00 CEST 19-09] UK – Trustees of the £280m (€414m) House of Commons' Parliamentary Contributory pension fund are seeking a new pensions administrator.

  • News

    Swisscanto reports 13.6% AUM rise

    2007-09-18T15:15:00Z

    [16:15 CEST 18-09] SWITZERLAND – Asset manager and consultant Swisscanto saw its assets managed for institutional clients climb 13.6% to CHF21.7bn (€13bn) over the last year.

  • News

    Small firm employees ignore company pensions

    2007-09-18T15:00:00Z

    [16:00 CEST 18-09] UK – Only one in four small to medium-sized enterprises (SMEs) say all eligible employers are making use of pension arrangements.

  • News

    Swiss pension reaches full funding

    2007-09-18T13:30:00Z

    [14:30 CEST 18-09] SWITZERLAND – The CHF1.66bn (€1bn) pension fund of the Schaffhausen canton has reached a funding level of 100.21%.

  • News

    Aegon pension fund is worst performer (updated)

    2007-09-17T15:45:00Z

    [16:45 CEST 17-09] POLAND – The second-pillar pension fund Ergo Hestia administered by Aegon's Polish subsidiary saw its assets reduced by 2.4% in August.