Funding – Page 116
-
NewsGerman civil servants scheme 'inadequate', expert says
Rheinland-Pfalz fund serves no purpose in current form despite 'laudable' effort, study finds.
-
NewsPension scheme for Finnish church ups private equity, real estate exposure
Fund loses 50,000 members in days after Christian Democrat Party chairwoman voices views on gays, religion.
-
NewsSwedish roundup: SEB, Collectum
SWEDEN – SEB's wealth management business, which includes private banking and institutional clients, saw operating profits increase by 45% to SEK1.65bn (€187m) during the full year 2010.
-
.jpg)
NewsSwiss roundup: Publica, AHV, Ethos
Werner Hertzog, head of Publica, has said he is leaving Switzerland's largest public fund this summer.
-
NewsCash injection shrinks BT pension fund deficit
£35bn fund narrows deficit from £5.2bn to £3.7bn in last three months of 2010.
-
NewsIncreases in longevity cost ATP €2.4bn in 2010
Danish pension fund sees returns just short of 7%, as longevity reserves fall to 20%.
-
NewsDutch scheme TNO attributes 12% return to PE, equities
Best performing asset classes for €2.2bn pension fund return 26.2% and 19.8%, respectively.
-
NewsDenmark's Nordea Life & Pensions reports record Q4 sales
Profits at one of the country's main commercial pensions providers increase by more than third.
-
NewsSupervisor cuts interest rate for Austrian Pensionskassen
AUSTRIA – Interest rate to be 3% from June, bringing it in line with market conditions.
-
NewsUK scheme completes first longevity hedge for non-retired members
Deal, worth £70m (€81m), predicted to stimulate longevity trades on capital markets.
-
NewsUBS makes one-off CHF1,000 'loyalty' payment to pensioners
Swiss bank pays CHF16m into scheme as thank you, saying it is not meant to improve funding level.
-
NewsDutch minister Kamp drops indexation label
Indexation label no longer mandatory, following unease in industry.
-
NewsUK roundup: Government Actuary Department, Ortec, Unite, Visteon
Government Actuary's Department appoints Ortec Finance to provide risk management.
-
.jpg)
NewsCommission agrees to bail out Swiss pension fund SBB
Nationalrat financial commission agrees to €860m bailout for federal railway company scheme.
-
NewsDanish pension administrator Unipension returns 15% in 2010
Property write-downs make sizeable dent in returns for one of company's three pension funds.
-
NewsScottish councils' pension contributions to increase as liabilities double
Accounts Commission finds pensions deficit more than doubled in last financial year.
-
NewsSwedish roundup: PP Pension, Storebrand, PIMCO, Folksam, Swedish Pensions Agency
Buffer capital for PP Pension, the media pension fund, jumps from 105.7% to 111.2%.
-
NewsMetalworker schemes post strong returns despite Q4 slump
PMT, PME lose 0.4% and 3.2%, respectively, during last quarter of 2010.
-
NewsFinland's Keva returns 12.3%, starts new administration role
€28.8bn fund takes on pension administration for people covered by state scheme.
-
NewsDutch healthcare pension scheme PFZW returns 12.6%
Industry-wide healthcare scheme posts a return of 1.3% for the fourth quarter.
