All articles by Leen Preesman – Page 102

  • News

    Dutch investors raise climate change activism

    2008-11-06T15:10:00Z

    [16:10 CET 06-11] NETHERLANDS - Larger Dutch institutional investors are increasingly using their voting clout at shareholders’ meetings to fight climate change, according to environmental organisation Milieudefensie.

  • News

    SPW in funding shortfall thanks to equity exposure

    2008-11-04T10:00:00Z

    [11:00 CET 04-11] NETHERLANDS - The €4.5bn pension fund for housing corporations SPW has revealed it is facing a funding shortfall, caused mainly by the turbulent fall in the equity markets.

  • News

    Netherlands tightens measures against property fraud

    2008-11-03T15:45:00Z

    [16:45 CET 03-11] NETHERLANDS - The Dutch government is stepping up its efforts to prevent property fraud by tightening rules for notaries, surveyors and brokers.

  • News

    Hoogovens' scheme stays clear of shortfall (amended)

    2008-10-31T16:00:00Z

    NETHERLANDS - The €5bn pension fund of steel works Hoogovens managed to keep its funding ratio safely above the required minimum of 115% during the third quarter of this year, despite the turbulent market conditions.

  • News

    Average pension fund cover ratio falls to 109%

    2008-10-31T13:30:00Z

    [14:30 CET 31-10] NETHERLANDS - The cover ratios of Dutch pension funds have deteriorated considerably over the recent weeks and are now 109% on average, according to Nout Wellink, president of pensions regulator De Nederlandsche Bank.

  • News

    Railways schemes steer clear of the buffer

    2008-10-29T15:50:00Z

    [16:50 CET 29-10] NETHERLANDS - The €10.3bn railways scheme SPF has concluded the third quarter with a relatively comfortable cover ratio of 160%, despite a funding drop of 18% and negative returns of –4.4%.

  • News

    Wegener scheme in funding shortfall

    2008-10-28T13:00:00Z

    [14:00 CET 28-10] NETHERLANDS - The pension fund of media company Wegener (APW) has revealed its funding has dropped below 105% and is therefore now working on a short-term recovery plan.

  • News

    PNO Media’s funding nears 105%

    2008-10-27T16:25:00Z

    [17:25 CET 27-10] NETHERLANDS - The €2.5bn pension fund PNO Media saw its cover ratio drop close to the critical level of 105% during the third quarter, while TNO’s position also moved close to the danger zone.

  • News

    VB says full indexation unlikely

    2008-10-23T14:45:00Z

    [15:45 CEST 23-10] NETHERLANDS - Dutch workers and pensioners must prepare themselves for the prospect of receiving only part indexation on their pensions in 2009 or none at all to compensate for inflation, the representative body for the industry-wide pension funds VB has warned.

  • News

    PME dips into funding shortfall

    2008-10-23T13:45:00Z

    [14:45 CEST 23-10] NETHERLANDS - The combination of falling equity markets, decreasing commodity prices and a fall in long-term interest rates pushed the returns of the €20.5bn metal scheme PME below the critical funding limit of 105% during the first half of October.

  • News

    STAR urges indexation decision delay (amended)

    2008-10-17T15:35:00Z

    [16:35 CEST 17-10] NETHERLANDS – Industry-wide pension fund ABP may postpone its decision on indexation as a result of turbulence in the financial markets, and the Labour Foundation (STAR) has called on pension fund boards to do the same.

  • Mn Services to study buffers link to economy
    News

    Mn Services to study buffers link to economy

    2008-10-16T14:45:00Z

    [15:45 CEST 16-10] NETHERLANDS - Mn Services, the pensions administrator and asset manager, has commissioned a research project to clarify whether a rise in pension premiums will contribute to an economic downturn.

  • News

    OPF seeks collective companies' funds

    2008-10-15T14:40:00Z

    [15:40 CEST 15-10] NETHERLANDS - The Foundation of Company Pension Funds (OPF) has called for amendments to be made to the Pension Act to allow individual company pension schemes to work together in a companies’ pension fund.

  • News

    APG Group signs cross-border deal with PensPlan

    2008-10-13T15:55:00Z

    [16:55 CEST 13-10] NETHERLANDS - APG Group has formalised a deal with the €1.6bn Italian pension administrator PensPlan which will initially see APG manage €100m in assets for the Italian provider.

  • News

    Cordares creates pensions research chair

    2008-10-02T16:00:00Z

    [17:00 CEST 02-10] NETHERLANDS – Dutch professor Fieke van der Lecq has been appointed by the €26bn pensions provider Cordares as the first chair of European pension markets at Erasmus School of Economics.

  • News

    Dutch to review indexed debt stance

    2008-09-30T15:15:00Z

    [16:15 CEST 30-09] NETHERLANDS - The Dutch Treasury is planning to re-examine the potential of index-linked bonds in order to find out whether experiences elsewhere reveal potential financial benefits to the Netherlands.

  • Fysios stretch investment to infrastructure
    News

    Fysios stretch investment to infrastructure

    2008-09-26T14:40:00Z

    [15:40 CEST NETHERLANDS - The €1.9bn pension fund for physiotherapists SPF is to start investing in infrastructure, and has also allocated 5% inflation-linked bonds within its fixed income portfolio.

  • News

    Dutch schemes pulled back a fraction in turbulence

    2008-09-25T15:55:00Z

    [16:55 CEST 25-09] NETHERLANDS - The combined returns of Dutch pensions funds considerably improved during the second quarter but still struggled to shift into positive territory, the regulator De Nederlandsche Bank has confirmed.

  • News

    Dutch insurers take regulator to court

    2008-09-19T15:15:00Z

    [16:15 CEST 19-09] NETHERLANDS - The Dutch Association of Insurers (VvV) has the pensions regulator De Nederlandsche Bank with a court summons, for its part in what could allow the large pension funds ABP and PFZW to gain a foothold the insurance market.

  • News

    Schemes pursue equity spree to compensate for losses

    2008-09-17T12:00:00Z

    [13:00 CEST 17-09] NETHERLANDS - Dutch pension funds acquired a record €12bn in equities during the second quarter of this year, to compensate for the loss of value in equity investments elsewhere, pensions regulator De Nederlandsche Bank has revealed.