All articles by IPE staff – Page 20
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Features
Pensions promises - made to be broken?
Faced with demographic and accounting pressures, many European companies that sponsor defined benefit (DB) pension plans are seeking to change the terms of this promise by moving the pension fund risk they bear from themselves to their employees. The simplest way for them to do this is to close the ...
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Features
The challenges lying ahead
Hugo Clemeur of the Association of Belgian Pension Funds, Brussels Apart from the preoccupations caused generally by the demographic evolution compounded with slow economic growth, the second pillar pensions sector in Belgium faces a number of challenges of which I would mention only three, although many more could be mentioned ...
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Features
How pension funds are addressing biometric risk
Pension funds are dealing with biometric risks in a number of different ways. A few of them explain their particular approaches . ABP, Netherlands “We fund our benefits 100% by ourselves. We are large enough to bear the risks,” says Alexander Paulis, chief actuary at the largest pension fund ...
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Features
Risk now the magic word
Erik van Ballegooijen resigned as the director of the pension fund of TNO technical research institute in Delft, Netherlands, at the beginning of this year What was your first full-time job – and do you remember what you were paid at the time? My first job was as a ...
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Features
The great bond shortage?
IPE asked three pension funds in three countries – the Netherlands, the UK and Switzerland: ‘Does the scarcity of high-quality long-term government bonds highlighted by the OECD, pose a problem?’ Here are their answers: Peter Scales, chief executive of the London Pensions Fund Authority, which has AUM of £3.2bn ...