All articles by Barbara Ottawa – Page 95

  • News

    CEIOPS gets new secretary general

    2007-09-17T14:45:00Z

    [15:45 CEST 17-09] EUROPE – Alberto Corinti has resigned as secretary-general of the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS).

  • News

    Carbon emission equity index launched

    2007-09-17T14:00:00Z

    [15:00 CEST 17-09] GLOBAL – ECPI has created a Carbon Winners Equity Index which tracks the performance of companies in the electricity, steel manufacturing and oil & gas industry.

  • News

    Pension trace service launched

    2007-09-14T13:33:00Z

    [14:33 CEST 14-09] UK – The British government's Pension Service body is offering a free service to assist people to trace various pension benefits they might have accrued at previous places of employment.

  • News

    Vienna unveils tradable Ukrainian index

    2007-09-14T13:00:00Z

    [14:45 CEST 14/09] AUSTRIA/UKRAINE – The Vienna Stock Exchange (VSE) has unveiled the latest addition to its family of eastern European indices, the Ukrainian Traded Index (UTX).

  • News

    Swansea goes specialist

    2007-09-14T13:00:00Z

    [14:00 CEST 14-09] UK – The £900m (€1.3bn) City and County of Swansea pension fund is looking for up to 12 specialist managers, including hedge fund and private equity specialists, to manage some of its assets.

  • News

    Hertfordshire issues global equities tender

    2007-09-13T14:57:00Z

    [13:00 CEST 13-09] UK – The £2bn (€3bn) Hertfordshire County Council pension fund is seeking to change its equity weighting by issuing a new £200m global mandate tender.

  • News

    Large UK firms anger union over pensions

    2007-09-13T14:30:00Z

    [13:00 CEST 13-09] UK – BAA and Royal Mail have angered unions with planned changes to their respective retirement provisions.

  • News

    Pensions Board issues checklist

    2007-09-13T11:45:00Z

    [13:00 CEST 13-09] IRELAND – The Pensions Board, the Irish pensions regulator, has published checklists for employers and trustees detailing their obligations to make pensions information available to employees and to inform the Pensions Board that such an arrangement has been made.

  • News

    Large managers disappoint French funds

    2007-09-12T15:30:00Z

    [16:30 CEST 12-09] FRANCE – Large asset management companies lost credibility with French pension funds during the sub-prime lending crisis, according to a study.

  • News

    Aviva buys Romanian asset manager

    2007-09-12T15:15:00Z

    ROMANIA – UK-based life and pension service provider Aviva is set to take over Romanian asset manager Certinvest.

  • News

    UK schemes' surplus halved

    2007-09-12T10:30:00Z

    [11:30 CEST 12-09] UK – UK pension funds saw their aggregated surplus melt from £51bn (€75bn) to £26.8bn amid market turbulences in August, according to the latest Pension Protection Fund (PPF) Index.

  • News

    IPE-QUEST: Swiss bond and equity mandates

    2007-09-12T10:00:00Z

    [11:00 CEST 12-09] SWITZERLAND - Swiss pension funds are looking for investment managers to handle high yield bond and global equity mandates, using IPE-Quest.

  • News

    Companies prioritise DB over DC - Hewitt

    2007-09-11T12:00:00Z

    [13:00 CEST 11-09] UK – Members of defined contribution schemes are missing out on up to 70% additional retirement income because of lack of efficiency in administration, Hewitt said.

  • News

    USS strengthens alternatives team

    2007-09-10T15:45:00Z

    [16:45 CEST 10-09] UK – The £30bn (€44.2bn) Universities Superannuation Scheme has hired from Railpen Investments (RPMI) and private equity firm Klesch & Company Limited.

  • News

    Resolution and Friends change merger deal

    2007-09-10T15:30:00Z

    [16:30 CEST 10-09] UK – Resolution and Friends Provident have changed the shareholder agreement required for the merger of the two life insurance groups and this might make it more difficult for rival bidders, analysts say.

  • News

    Czech welfare tax could go to voluntary funds

    2007-09-10T13:30:00Z

    [14:30 CEST 10-09] CZECH REPUBLIC ­ - Labour and Social Affairs Minister Petr Necas is seeking pension reforms which would allow employees to re-direct part of their national insurance contributions into voluntary pension funds.

  • News

    Norwegian government fund tenders for auditor

    2007-09-10T13:00:00Z

    [14:00 CEST 10-09] NORWAY – The NOK110bn (€14bn) national insurance fund is tendering for auditing services.

  • News

    Swedish funds get green light despite increased risk

    2007-09-07T15:30:00Z

    [16:30 CEST 07-09] SWEDEN – All insurance companies including pension funds are in the green under the Swedish traffic light system, supervisor Finansinpektionen (FI) has announced.

  • News

    Analysts "cautiously optimistic" on Swiss fund rescue plan

    2007-09-07T11:00:00Z

    [12:00 CEST 07-09] SWITZERLAND – The pension fund of the Swiss city of Lausanne saw its cover ratio increase from 44.2 % to 45.4% over the last year as structural changes decided in 2004 began to take full effect.

  • News

    Hewitt signs Strathclyde man

    2007-09-06T15:50:00Z

    [16:50 CEST 06-09] UK – David Crum left the £9.8bn (€14.5bn) Strathclyde pension fund and will be joining consulting firm Hewitt.