All articles by Fennell Betson – Page 34
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Features
TeleDanmark
With assets of around Dkr18bn ($12.1bn), the TeleDanmark pension scheme is a giant that dominates the corporate pension provision landscape in Denmark. The scheme was long established as part of the original state-owned companies brought together in 1990 to form TeleDanmark, prior to its partial privatisation in 1994. The pension ...
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Features
Comparing plan values
Is it possible to compare different employers’ pension plans? Buck Consultants in Geneva certainly thinks so and has devised for the Swiss market a method of calculating a ‘technical value’ for each employer’s plan. The exercise was based on a database consisting mainly of internation-al companies operating in Switzerland.We have ...
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Features
Pension funds test asset limits
The Danish system of pension investment limits is under pressure from an unusual quarter. A 30% rise in the value of the Copenhagen Stock Exchange has created problems for two of the largest public sector pensions funds. ATP (Arbejdsmarkedet Tillaegspension) and LD (Lomodtagernes Dyrtidsfond) have found themselves close to the ...
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Features
Funds head for their glorious future
Pooled funds are no longer seen as the poor relation, says Fennell Betson
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Features
Europe: Finding common ground
Common trust funds (CTFs) are being used more and more by multinationals operating in Europe who want to bring their pensions assets together in one vehicle. They are offered mainly by US banks and often go by the name of ‘bank common trust funds’. State Street in the US is ...