All articles by Carolyn Bandel – Page 44

  • News

    Storebrand investors back pensions bid

    2007-10-25T15:00:00Z

    [16:00 CEST 25-10] NORWAY – A majority of shareholders of Norwegian life insurer Storebrand last night backed proposals for the NOK13.6bn (€1.7bn) take-over bid for Swedish pension group SPP.

  • News

    Flemish authorities create new pension funds

    2007-10-25T11:00:00Z

    [12:00 CEST 25-10] BELGIUM – The Flemish municipality Balen has tendered a mandate for a new pension fund for its civil servants.

  • News

    Swedish firm eyes fiduciary trail

    2007-10-24T13:30:00Z

    [14:30 CEST 24-10] NETHERLANDS – The €400m Dutch scheme of the Swedish hygiene goods and paper multinational Svenska Cellulosa Aktiebolaget (SCA) is contemplating fiduciary management, IPE has learned.

  • News

    Wednesday people roundup

    2007-10-24T11:30:00Z

    [12:30 CEST 24-10] People roundup: GLOBAL – SEB, SGAM, Schroders, Santander, Newton, Gartmore, Northern Trust, Morse, Pictet Asset Management.

  • News

    Scottish MPs plan 'flexible retirement'

    2007-10-23T14:30:00Z

    [15:30 CEST 23-10] UK – Nearly half of Scottish members of parliament (MSPs) would be able to claim their pensions while still serving, under new plans being considered by the Scottish Parliament.

  • News

    Tesco staff have lower life expectancy - study (Update)

    2007-10-23T13:30:00Z

    [14:30 CEST 23-10] UK – Life expectancy of individuals varies significantly, not only by the size of the pension fund analysed but also by industry sector, suggests new research by Pension Capital Strategies (PCS) and Continuous Mortality Investigation (CMI).(Update with quotes from Charles Crowling)

  • News

    ABP sets date for fund’s split

    2007-10-22T15:45:00Z

    [16:45 CEST 22-10] NETHERLANDS – The €215bn Dutch ABP pension scheme has today named the date for its earlier announced split into a fund and an - as yet nameless - separate administration body.

  • News

    Kier Group refutes buyout rumours

    2007-10-22T14:30:00Z

    [15:30 CEST 22-10] UK – The Bedfordshire-based construction company Kier group has confirmed it is not thinking of selling its £540m (€774m) pension fund to a specialist buyer.

  • News

    UK regulator appoints trustees to Telent scheme

    2007-10-22T11:30:00Z

    [12:30 CEST 22-10] UK – The Pensions Regulator (TPR) on Friday appointed three independent trustees to the Telent pension scheme, which is to be bought by Edmund Truell’s Pensions Corporation.

  • News

    Italian €3bn Previndai fund tenders bonds and equities

    2007-10-19T15:11:00Z

    [16:40 CEST 19-10] ITALY – Previndai, the €3bn Italian industry wide pension fund for managers of industrial companies, has launched a major investment manager search for several bond and equity mandates, IPE has learned.

  • News

    Growth will become scarce - Merrill Lynch

    2007-10-19T14:47:00Z

    [17:00 CEST 19-10] GLOBAL – Investors expect growth will become increasingly scarce, according to the latest Merrill Lynch fund manager survey.

  • News

    New NHS fund gives equal deal to Scots

    2007-10-19T13:55:00Z

    [15:00 CEST 19-10] UK – Scottish cabinet ministers yesterday announced health care workers in Scotland have earned the same pensions deal as colleagues in England and Wales.

  • News

    Philips plans UK reserve fund

    2007-10-19T11:49:00Z

    [13:00 CEST 19-10] UK – The £2.3bn UK pension fund of the Dutch electronics multinational Philips has said it is planning to set up a reserve fund to buffer against life expectancy risks.

  • News

    Q3 buy-outs lift Paternoster’s AUM by 21% (Amended)

    2007-10-18T16:10:00Z

    [17:10 CEST 18-10] UK – Pension buyout firm Paternoster has today announced its assets under management (AUM) increased by 21% in the third quarter of this year.

  • News

    Regulator steps in to mediate at EMI pension fund

    2007-10-18T16:04:00Z

    [17:00 CEST 18-10] UK – The trustees of the £1bn pension fund of record giant EMI have failed to come to an agreement over scheme funding with the group’s new private equity owner, Terra Firma.

  • News

    Quarter of UK corporate schemes manage longevity risk

    2007-10-17T15:44:00Z

    [16:50 CEST 17-10] UK – Around 25% of UK corporate sponsors have implemented measures to control the longevity risks in their pension scheme, according to a new study by Watson Wyatt.

  • News

    Wednesday people roundup

    2007-10-17T13:30:00Z

    [14:30 CEST 17-10] GLOBAL – BHW, GCAE, Hymans Robertson, HSBC, Hewitt, LCP, Fidelity, Punter Southall, NTGI, EDHEC.

  • News

    NAPF pleads for strong governance

    2007-10-17T13:24:00Z

    [14:30 CEST 17-10] UK – Chris Hitchen, chair of the National Association of Pension Funds (NAPF), has argued strong governance structures are vital for pension funds to operate dynamically.

  • News

    Dutch supervisor appoints new pensions director

    2007-10-17T12:31:00Z

    [13:30 CEST 17-10] NETHERLANDS – The Dutch central bank and pension supervisor, DNB, has appointed Joanne Kellermann as its new director.

  • News

    ECJ rejects retirement age discrimination claim

    2007-10-16T13:35:00Z

    [14:40 CEST 16-10] SPAIN – The European Court of Justice (ECJ) today has rejected Félix Palacios de la Villa’s age discrimination claim against his employer, clothing company Cortefiel Servicios SA.