All articles by Julie Henderson – Page 19

  • Tapping engaged members 'could improve lifecycling'
    News

    Tapping engaged members 'could improve lifecycling'

    2009-05-21T15:15:00Z

    [16:15 CEST 21-05] GLOBAL – Improvements could be made to lifecycle strategies within defined contribution pensions if trustees were to base their default designs more on the needs of “guided-selector” members who might already engage in decision-making, suggests research conducted by consulting firm Watson Wyatt.

  • Small cap equities sought by Swiss
    News

    Small cap equities sought by Swiss

    2009-05-20T15:40:00Z

    [16:40 CEST 20-05] GLOBAL – A Swiss institutional investor to looking $100-200m (€73-146m) in global developed market small cap equities and is searching for an appropriate manager, using IPE-Quest.

  • News

    Pensions insurance might work long-term - advisers

    2009-05-20T15:30:00Z

    [16:30 CEST 20-05] GLOBAL – Some form of insurance or ‘lock-in protection’ might be a solution to the risk of investing in defined contributions pensions, but the industry must in the short-term do much more to inform members about the risks they face, say consultants.

  • Wednesday people roundup
    News

    Wednesday people roundup

    2009-05-20T14:45:00Z

    [15:45 CEST 20-05] GLOBAL – People roundup: Aviva Investors, BNY Mellon, IIFA, Nordea, Skandia Investment Group, Prupim, MPL, Laven/Lussan

  • Diversified growth to play key role in DC default
    News

    Diversified growth to play key role in DC default

    2009-05-19T16:00:00Z

    [17:00 CEST 19-05] GLOBAL – Consulting firm Lane, Clark & Peacock is advising pensions clients to adopt a new lifestyling default strategy for defined contribution (DC) plans which for the bulk of the investment period is equally split between equities and diversified growth investments.

  • News

    Overlay touted as swaps alternative

    2009-05-19T15:00:00Z

    [16:00 CEST 19-05] EUROPE – Pimco, the asset manager, has suggested pension funds who were considering applying an interest rate swap to their portfolios should instead look to a gilts overlay or equity futures to gain better returns.

  • News

    Pressures to force active manager reforms - WW

    2009-05-18T15:20:00Z

    [16:20 CEST 18-05] GLOBAL – Increasing pressure on profitability and the drive by investors for improved fee terms will force active management fund houses to rethink their structures, fund ranges and company sizes to stay afloat, claims Watson Wyatt.

  • News

    Poland contributes cash as pensions rise

    2009-05-18T14:45:00Z

    POLAND – Polish pension funds rose in value by 5.7% last month, following improved performance for the second consecutive month in a row along with fresh cash contributions from the government – the first to be made since 2003.

  • News

    Reforms urged on sterling corporate bond market

    2009-05-15T16:10:00Z

    [17:10 CEST 15-05] UK – The Investment Management Association has warned appropriate reforms are needed in the UK corporate bond market, to prevent the sector from becoming a “backwater” and in turn presenting both a lack of funding and higher costs for all investors concerned.

  • News

    NAPF backs UK short-selling strategy

    2009-05-15T15:40:00Z

    [16:40 CEST 15-05] UK – The National Association of Pension Funds (NAPF) has urged the UK’s Financial Services Authority to steer clear of a blanket ban on short-selling of equities, arguing certain investments strategies “depend on the ability to go short”.

  • News

    EC steps up action against Poland

    2009-05-14T16:00:00Z

    [17:00 CEST 14-05] EUROPE – The European Commission has moved to stage two in its pursuit of changes to Polish taxation policy, for what officials claim is discrimination against foreign pension and investment bodies.

  • News

    Ombudsman attacks DC pensions marketing

    2009-05-14T14:30:00Z

    [15:30 CEST 14-05] IRELAND - Paul Kenny, the Pensions Ombudsman, has hit out at defined contribution pension providers and trustees for what he describes as misleading communications around the marketing of DC schemes’ funds and terms and insufficient analysis of charges.

  • News

    Consultants predict potential longevity market of £15bn (updated)

    2009-05-13T15:00:00Z

    [16:00 CEST 13-05] UK – Babcock International, the engineering firm, has in principle secured a deal to hedge some of its pensions longevity risk through the market’s first longevity swap, though consultants say the arena could quickly grow to be cover a potential £15bn (€17bn) in pension assets this year.

  • News

    Wednesday people roundup

    2009-05-13T14:45:00Z

    [15:45 CEST 13-05] GLOBAL – People roundup: Bridge Pointe, Equitable Life, Ircantec, Aviva Investors, Citi Global Transaction Services, SEB, American Century Investments

  • News

    FTSE pensions made conservative shift to bonds

    2009-05-11T15:45:00Z

    [16:45 CEST 11-05] EUROPE – FTSE 100-listed companies have sought to reduce their pension liability risk within the last year by re-weighting assets by an average 7% to bonds, suggests a study published by Pension Capital Strategies.

  • News

    Pension reforms to lessen gov’t spending, initially

    2009-05-11T14:30:00Z

    [15:30 CEST 11-05] EUROPE – Just as many governments are now trying to rectify potential future shortfalls in retirement income, the European Commission has found the anticipated higher costs on domestic budgets will be at their lowest among some countries over the next decade before rising again in later years.

  • News

    Swaps should be favoured over gilts – F&C

    2009-05-08T15:55:00Z

    [16:55 CEST 08-05] UK – Pensions funds are being warned to tread carefully at present when deciding whether to hedge their liabilities against UK gilts, as the huge level of government borrowing is likely to mean yields will need to rise in the short-term to attract borrowers.

  • News

    FRR suffers further 6.5% loss

    2009-05-07T15:55:00Z

    [16:55 CEST 07-05] FRANCE – FRR, the French national pension fund, saw its value fall by another 6.5% in the first three months of this year, leaving the body with the legacy of a negative return against the five-year period it has been operating.

  • News

    US pension funds selected to lead RBS action

    2009-05-07T15:40:00Z

    [16:40 CEST 07-05] GLOBAL – Two major US pension funds have been appointed as lead plaintiffs in a class action against UK-headquartered banking group RBS, ahead of European pension funds who had also hoped to pursue the firm for alleged false disclosure of its true financial status.

  • News

    GBF signs new pensions head

    2009-05-07T15:25:00Z

    [16:25 CEST 07-05] NETHERLANDS – Dr. Ronald Ketellapper will become the new director of pensions at Grafische Bedrijfsfondsen from 1 June, the investment and administration operation behind the €8.5bn industry-wide pension fund for the printing and publishing industry.