Funding – Page 111
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Funding for Dutch pension schemes jumps to 112%
Supervision director says increase shows FTK works 'reasonably well' in crises.
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Irish TD calls for 50% tax on asset management fees
Tax proposed as alternative to pensions levy targeting those 'milking' industry.
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Recovering ABP calls for change in liability discount criterion
€242bn civil service scheme sees coverage ratio rise by 6 percentage points to 111% this year.
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UK roundup: Thomas Cook, PPF, TPR, MetLife, DWP
Thomas Cook has closed its UK defined benefit plan, transferring members to its DC scheme.
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Danish roundup: Danica Pension, contributions tax, Forsikring & Pension
Profits at Danica shrink to DKK100m (€13.4m) in first quarter from DKK600m.
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Nordic roundup: SEB, Alecta, Skandia, Kyrkans Pensionskassa, AP funds
Operating profits fall 12% at Swedish banking group SEB's life business year on year.
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Occupational pensions stagnate in Germany, survey shows
Number of new occupational pension arrangements has come to standstill, says Gothaer Insurance.
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Swiss government concedes mistakes in assessing AHV
Admits it underestimated impact of immigration and structural changes in Swiss economy.
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Political meddling is 'killing' Dutch pensions system
Regulator trying to grab headlines to show it is 'on the case', says Toine van der Stee, head of Blue Sky Group.
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Four PKA pension funds merged into single €4.4bn scheme
Four of eight funds administered by Denmark's PKA have now formed Health Professionals' Pension Fund.
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Interest rates, longevity squeeze 2010 return at PNO Media
Factors nearly wipe out 13.6% return on investment for Dutch pension fund, leading to net return of 1% last year.
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Denmark's ATP sees first-quarter profits slip
Value of pension liabilities fall by DKK21.6bn thanks to interest rate increases.
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Business body lashes out at 'unfair' public sector pensions
Edinburgh Chamber of Commerce calls on Scottish government to abandon DB model.
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Majority of Germans oblivious to 'three-pillar' pension system
70% of respondents confuse second, third pillars, while 60% admit ignorance of first-pillar entitlement.
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Rising interest rates boost funding at €28bn Bpf Bouw
Officials say 2% loss due to extensive hedge cancels out 1.6% return on investments.
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Major Dutch pension schemes continue to boost coverage ratios
Four largest funds improve funding in Q1 thanks to rising long-term interest rates.
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Members of Swiss BVK reject recovery plans for pension fund
Majority of statements blame local government for underfunded scheme's woes.