All articles by Julie Henderson – Page 9
-
News
IASB cancels plan to alter IAS19 discount rate source
[13:00 CEST 22-10] GLOBAL – The International Accounting Standards Board (IASB) has scrapped plans to widen the range of bonds which companies might use to calculate their discount rate under IAS19 to include government bonds, following polarised responses to a consultation.
-
News
BNY Mellon and Invensys PF team up for collateral delivery
[16:55 CEST 21-10] UK – BNY Mellon and the Invensys pension fund have signed an agreement to develop what is described as a “ground-breaking” single collateral management platform.
-
News
Wednesday people roundup
[13:30 CEST 21-10] GLOBAL - Norwegian Finance Ministry, Calamos Asset Management, Cardano, SEI, Hymans Robertson, Cheyne Capital, Gartmore, Dominion Fund Management, HDG Mansur Investment Services, Nordea.
-
News
Industry-wide fund issues climate change mandate
[16:00 CEST 20-10] IPE-QUEST – A Dutch pension fund is planning to venture into Asian-Pacific real estate investments while a second industry-wide pension fund is hoping to invest up to $150m (€m) in a global climate change equity mandate, and both are using IPE-Quest.
-
News
EC aims to pursue withholding tax parity
[15:30 CEST 20-10] EUROPE – The European Commission is attempting to push through yet more reforms to local withholding tax regimes by recommending a simplified system be introduced for investors claiming the tax relief.
-
News
Pension experts tout need for longer-term benchmarks
[17:00 CEST 19-10] GLOBAL – A joint meeting of the OECD and IOPS Global Forum on Private Pensions has been warned a “meaningful” long-term performance measure for pension funds must be found which assess pension funds’ ability to meet income replacement.
-
News
Energy regulator to encourage longer UK pension funding periods
[16:45 CEST 19-10] UK – Ofgem, the regulator of UK electricity and gas companies, has presented fresh proposals which could see energy firms incentivised for lowering pension costs rather than place the charge on consumers’ bills.
-
News
Pensions expert to launch UK political party
[16:40 CEST 16-10] UK – Robin Ellison, pensions expert and a partner at law firm Pinsent Masons, is launching a political party in the UK, which he hopes will raise awareness of pension issues at the next general election and improve public services.
-
News
Market improvement lifts TNT’s pensions value
[16:05 CEST 16-10] NETHERLANDS – The Dutch TNT pension fund saw the value of its investment portfolio rise by 11% in the third quarter of this year, thanks to improvements in confidence about the financial markets.
-
News
Ageing population costs to 'dwarf' recent crisis - EC
[16:55 CEST 15-10] EUROPE – European Commission officials have produced a report which claims the ability to meet public pensions liabilities is a higher long-term risk for governments than ever before and in most cases reform of member states’ pensions systems is desperately needed.
-
News
Romanian pension returns climb as reform continues
ROMANIA – The average Romanian pension fund has generated a return of 13% in the first nine months and maintained a 17.4% return since the end of last year, when the economic crisis really hit most pension funds, according to figures from the Romanian Pension Funds Association (APAPR).
-
News
Vote for the Outstanding Industry Contribution
[16:10 CEST 14-10] EUROPE - There are just two days left before the final nominations for the OUTSTANDING INDUSTRY CONTRIBUTION award closes for IPE’s European Pension Fund Awards 2009.
-
News
Wegener pension to merge into graphics industry fund
[15:50 CEST 14-10] NETHERLANDS – Algemeen Pensioenfonds Wegener (APW), the pension fund for employees and former workers of the Koninklijke Wegener publishing house, has signed an agreement to merge its members into the larger PGB pension fund for the graphics industry.
-
News
Wednesday people roundup
[13:30 CEST 14-10] GLOBAL – HSBC AM, Watson Wyatt, Threadneedle AM, Odey AM, Skandia Investment Group, British Property Federation, PensionDCsions, The Pensions Trust
-
News
UK trustees are 'confused' about fiduciary concept - Mn
[15:30 CEST 13-10] UK - UK pension trustees misunderstand the fiduciary management concept if they award mandates for part of the portfolio, according to Remco van Eeuwijk of Mn Services.
-
News
Hewitt's Tunningley turns attention to global strategy
[16:40 CEST 12-10] GLOBAL – Andrew Tunningley, head of Hewitt’s UK investment practice, has taken up a new role as global strategy leader, to review both the company’s business potential and create an oversight role to clients’ global investment issues.
-
News
Shell's UK pension to expand alternatives
[16:00 CEST 12-10] UK – The £10.5bn Shell UK pension fund has completed a strategic review of its investment strategy which is likely to see the fund invest another 5% of its assets in alternatives.
-
News
West Midlands finds route into hedge funds after all
[16L45 CEST 09-10] UK – The West Midlands local authority pension fund has extended its alternatives and equities investment strategy and allocated £40m (€44) to a fund of hedge funds.
-
News
Discount rates needs to be realistic - ERAFP
[16:30 CEST 09-10] FRANCE – Officials at the ERAFP pension scheme have raised concerns that pension funds may be pricing their schemes’ asset allocation strategy at too high a discount rate to be achievable and argue this may have contributed to the recent market crisis because the high returns needed ...
-
News
NPRF pulls back on 2008 losses
[17:00 CEST 08-10] IRELAND – The Irish National Pension Reserve Fund has significantly pulled back its investment returns since the beginning of the year and delivered a total positive gain of 8.9% under its new asset allocation structure.