All articles by Daniel Brooksbank – Page 58
-
News
ING’s Central Europe pension assets surge
EUROPE – Dutch banking group ING’s pension fund assets in Central Europe have risen by more than 32% to almost €7bn.
-
News
Hewitt Associates names new finance chief
GLOBAL – Hewitt Associates has named John Park to take over from Dan DeCanniere as chief financial officer.
-
News
BGI looking for equity CIO as Annable exits
GLOBAL – Matthew Annable, European chief investment officer for active equities at Barclays Global Investors, is to leave next year in a “lifestyle change” – but his successor has not yet been chosen.
-
News
Sweden's FI amends traffic-light model
SWEDEN – The Swedish Financial Supervisory Authority, or Finansinspektionen, has amended the so-called traffic light model following consultation.
-
News
Bayer takes €1.1bn pensions accounting hit
GERMANY – German chemicals giant Bayer has taken a €1.1bn pensions obligation hit due to accounting changes amid lower interest rates.
-
News
Fortis Investments names Poland sales head
POLAND – Fortis Investments has named Grzegorz Swietlik as its new head of sales for Poland.
-
News
Ireland’s Coyle Hamilton prosecuted by regulator
IRELAND – Consulting firm Coyle Hamilton has been prosecuted and fined over a failure to comply with the Pensions Act.
-
News
Pension demand 'to boost inflation-linked swaps'
UK - Pension fund demand is set to triple the size of the inflation-linked swaps market in the UK, according to Watson Wyatt.
-
News
Watson Wyatt earnings slip on acquisition costs
GLOBAL – Consulting firm Watson Wyatt & Co. has reported lower quarterly earnings – hit in part by a loss related to its acquisition of its European affiliate.
-
News
UK pension theft case highlights role of actuaries
UK – A report into the theft of £2.9m (€4.2m) from a UK pension fund has highlighted the role of the scheme actuary and asset managers in detecting wrongdoing.
-
News
OECD sees uncertain future for reserve funds
GLOBAL – The Organisation for Economic Cooperation and Development foresees an “uncertain” future for national pension reserve funds.
-
News
UK’s ACT raid on pensions now put at £150bn
UK – The UK government’s controversial 1997 decision to abolish advanced corporation tax relief has cost pension funds up to £150bn (€221bn) in total, the actuarial profession has been told.
-
News
IPE-QUEST: Danish investor tenders EM debt
DENMARK – A Danish institutional investor has tendered up to $50m (€42.4m) in global emerging markets debt via IPE-Quest.
-
News
Centrica facing union vote over DB changes
UK – UK utility operator Centrica is facing a union vote over plans to close its defined benefit pension scheme to new entrants.
-
News
Pensions risk management certificate launched
UK – The UK’s Association of Corporate Treasurers has unveiled a new certificate in pensions risk management.
-
Features
Norway starts mandatory pensions
The Norwegian government has put into motion the process of setting up a mandatory occupational pensions regime that could affect up to 600,000 people. The proposed new law will come into affect from next year and follows a white paper and consultation period. The parliament, the Storting, decided in May ...
-
Features
Sweden's red light zone
The Swedish financial regulator Finansinspektionen (FI) has launched a consultation on a proposal to identify possible problems at occupational pension funds and life companies using the so-called traffic-light model. Sweden plans to just use red as a signal. “Using the traffic-light model, FI will be able to identify at an ...
-
Features
Where the grass is greener?
There seem to be two Irelands when it comes to pensions. The first is the dynamic financial centre that is looking to become a pensions hub for Europe once the occupational pension fund directive kicks in. The second by contrast is a country that is wrestling with its very own ...
