All articles by Cecile Sourbes. – Page 2
-
Features
Don’t hope for a Basel III scenario for IORP II
After the Basel Committee unveiled a softer version of the Basel III measures for banking institutions in January, the European pensions industry saw the watered-down legislation as a glimmer of hope. Many crossed their fingers that Brussels would take a similar approach to regulatory frameworks currently being developed for insurance ...
-
News
Wednesday people roundup
GLOBAL – Legal & General, Kuber Ventures, Aon Hewitt, ICI Global, T. Rowe Price
-
Features
Is there light at the end of the tunnel?
For months now, a large and rather vocal contingent of the European pensions industry has been debating the additional costs they might incur if they are subject to solvency capital requirements similar to Solvency II’s pillar one.
-
Features
Insurance inspiration
Building an internal model under Solvency II costs time and money. Cécile Sourbes asks what pension funds can learn as insurers edge towards implementing the new framework
-
Features
Institutions suited to bridge the lending gap
Infrastructure as an asset class is at a crossroads. While European banks traditionally provided debt to infrastructure projects pre-2008, the financial crisis and new regulation requiring banks to hold larger amounts of capital have changed the rules.
-
News
Fiona Stewart leaves OECD to join World Bank in Washington
GLOBAL – Industry veteran spent eight years supporting OECD's working party on private pensions.
-
News
Institutional investors criticise financial reporting standards
EUROPE – Group of some of UK's largest investors blasts 'short-termism' of IFRS.
-
News
EC paper on long-term investing fails to address transparency concerns
EUROPE – Financial Services User Group chairman says Commission has 'wrong end of the stick'.
-
News
Solvency II could cost UK pensions industry £400bn, minister says
EUROPE – Pensions minister Steve Webb says legislation will kill DB pensions.
-
News
France's COR 'failed to provide realistic data' for reform
FRANCE – Expert says organisation's numbers were 'far too optimistic', 'misled' the government.
-
News
Mandate roundup: IPE-Quest, PGGM, MSCI ESG Research
EUROPE – Swedish insurance company tenders $200m large-cap equity mandate, using IPE-Quest.
-
News
Pensions funds should consider utility company inflation swaps – Redington
EUROPE – Consultancy cites utility companies' predictable cash-flow profile.
-
News
Pension funds show growing interest in managed futures
EUROPE – Preqin study shows marked increase in number of institutionals with active CTA portfolios.
-
News
EFRP launches new committees focusing on DB, DC issues
EUROPE – IAPF chief executive Jerry Moriarty appointed chair of DC group.
-
News
EFRP rebrands itself, confirms NAPF's Joanne Segars as new chairwoman
EUROPE – Pierre Bollon, Benne Van Popta also elected vice-chairs at Dublin meeting.
-
News
Collateral increasingly 'scarce' for pension funds, CICF warns
EUROPE – Trade associations alert European Commission of 'growing importance' of collateral.
-
News
NAPF's Joanne Segars set to succeed Patrick Burke at EFRP
EUROPE – Sources say EFRP board expected to elect NAPF chief executive next week.
-
News
DC pensions market set for growth in Europe, report shows
GLOBAL – Cerulli identifies Germany, Netherlands and UK as best opportunities.
-
News
MiFID proposals could reduce investors' 'flexibility' – ISDA
EUROPE – European Parliament's proposals could 'limit choice' when negotiating OTC contracts.
-
Features
Timelines: Forewarned is forearmed
On 2 October, when the European Insurance and Occupational Pensions Authority (EIOPA) submitted its technical standards to the European Commission on the conduct of the quantitative exercise for the revised IORP Directive, a number of concerns were raised within the pensions industry.