All articles by Carolyn Bandel – Page 40

  • News

    AFM voices its regulatory presence

    2007-12-03T14:30:00Z

    [15:30 CET 03-12] NETHERLANDS - Hans Hoogervorst, the new chairman of the Dutch financial markets authority and pension regulator (AFM) has warned the Dutch pension sector needs to step up its transparency efforts to members.

  • News

    Fortis goes fiduciary for Atradius

    2007-12-03T13:30:00Z

    [14:30 CET 03-12] NETHERLANDS – The €180m Dutch pension fund of credit insurance company Atradius has appointed Fortis Investments as its fiduciary manager.

  • News

    Ashcroft plans regulatory departure

    2007-12-03T10:25:00Z

    [11:25 CET 03-12] UK - John Ashcroft, head of strategy at the UK's Pension Regulator (tPR) is set to leave early next year, IPE has learnt.

  • News

    Northumberland taps two for global equity

    2007-11-30T13:00:00Z

    [14:00 CET 30-11] UK – The £614m (€859m) Northumberland county council pension fund has appointed Alliance Bernstein and Prudential M&G Investment Management with a £95m active global equities mandate.

  • News

    Pension supervisors replace president

    2007-11-30T12:30:00Z

    [13:30 CET 30-11] GLOBAL – The International Organisation of Pension Supervisors (IOPS) said today it has appointed Ross Jones as its new president.

  • News

    Saxony doubles fund with major injection

    2007-11-30T11:00:00Z

    [12:00 CET 30-11] GERMANY – The German Saxony region, which encompasses the cities of Leipzig, Dresden and Chemnitz, has confirmed it will top up its pension fund for civil servants with €500m.

  • News

    Risk-based levy 'could rise fourfold'

    2007-11-29T15:45:00Z

    [16:45 CET 29-11] UK – The UK's Pension Protection Fund (PPF) has been criticised for its decision to raise the funding level, at which schemes pay no risk-based levy, from 125% to 140%.

  • News

    Review may clarify VAT on pensions-related services

    2007-11-29T15:30:00Z

    [16:30 CET 29-11] EUROPE – The European Commission is conducting a review of existing legislation for value-added tax (VAT) on financial services and insurance companies, which might finally determine whether European pension funds should be exempt from paying VAT on outsourced investment services.

  • News

    Italian chamber clears pensions reform

    2007-11-29T15:30:00Z

    [16:30 CET 29-11] ITALY – The Chamber of Deputies, the Italian parliament's lower house, last night approved a key pensions bill, IPE has learnt.

  • News

    Europeans predicted to 'shy away' from hedge funds

    2007-11-29T12:30:00Z

    [13:30 CET 29-11] EUROPE – Growth in institutional hedge funds investments in Europe will stagnate, argued a panel during a discussion on the future of institutional investing in hedge funds yesterday.

  • News

    IPE-QUEST: Dutch fund eyes EM and commodities

    2007-11-29T12:00:00Z

    [13:00 CET 29-11] NETHERLANDS – A Dutch industry-wide pension fund has placed two IPE-Quest searches, the first of which is for an active manager for a $125m (€85m) global emerging markets equity mandate.

  • News

    Employers reluctant to top up fund

    2007-11-28T15:45:00Z

    [16:45 CET 28-11] UK – Pension scheme sponsors will increasingly avoid putting money into their pension fund, participants were told at a London-based pension scheme funding panel discussion.

  • News

    PPF mulls buffer amid claims of overcharging

    2007-11-28T14:30:00Z

    [15:30 CET 28-11] UK - The UK's Pension Protection Fund (PPF) is looking to set up a buffer fund with any surplus it might accrue in the future, IPE has learnt.

  • News

    Wednesday people roundup

    2007-11-28T12:00:00Z

    [13:00 CET 28-11] People roundup: GLOBAL – Henderson, F&C, Punter Southall, Northern Trust, Fidelity, T. Rowe Price Mercer, Investec, Barrie and Hibbert, Cohen & Steer.

  • News

    Cosun sacks Kas Bank

    2007-11-27T15:15:00Z

    [16:15 CET 27-11] NETHERLANDS – The three pension funds of the Dutch food producer Royal Cosun have sacked Kas Bank and appointed State Street Corporation as their new custodian.

  • News

    PPM sees inflows of SEK26bn

    2007-11-27T15:00:00Z

    [16:00 CET 27-11] SWEDEN – Net lending in the Swedish pension system – the Premium Pension Authority (PPM) and the national buffer funds – has been put at SEK26bn (€2.8bn) in 2007, almost 50% less than last year.

  • News

    AGI eyes wider European presence

    2007-11-27T13:00:00Z

    [14:00 CET 27-11] GERMANY – The major life insurer Allianz is planning to move its European asset management focus away from Germany to France.

  • News

    'Alternative' is becoming mainstream - survey

    2007-11-26T16:00:00Z

    [17:00 CET 26-11] EUROPE – Alternative investments might not be so 'alternative' after all, according to new research by the asset management division of US investment bank JP Morgan.

  • News

    Drinks giant sacks Hewitt

    2007-11-26T15:58:00Z

    [15:58 CET 26-11] UK – The €3.5bn pension fund sponsored by UK drinks group Diageo, producer of brands such as Guinness and Baileys, has appointed Hymans Robertson as its new investment consultant.

  • News

    Christmas pension action 'unnecessary' - BAA

    2007-11-26T15:55:00Z

    [16:55 CET 26-11] UK – UK airport group BAA has called the industrial action over the closure of its final salary pension scheme “unnecessary”.