All articles by Leen Preesman – Page 105

  • News

    Dutch pension assets still invested in weapons

    2008-06-05T14:00:00Z

    [15:00 CEST 05-06] NETHERLANDS - A considerable number of Dutch pension funds are still investing in weapons, such as landmines, cluster ammunition and nuclear weapons, according to a pressure group.

  • News

    PNO Media cover ratio drops to under 115%

    2008-06-03T15:20:00Z

    [16:20 CEST 03-06] NETHERLANDS - Market turmoil and falling interest rates caused the financial position of the €2.7bn pension fund PNO Media to deteriorate by 5.8% during the first quarter, the scheme’s Q1 financial results reveal.

  • News

    Companies need 'API lite' - Mercer

    2008-05-30T13:00:00Z

    [14:00 CEST 30-05] NETHERLANDS - The Dutch government should continue developing a general pension vehicle (API) which accommodates defined contribution schemes despite concerns from the defined benefit sector, consulting firm Mercer has suggested.

  • News

    PAYG pensions debt hurts 'funded' countries - Netspar

    2008-05-29T12:00:00Z

    EUROPE – European Union countries with capital-funded pensions systems will be negatively affected in the long-term if countries with a pay-as-you-go (PAYG) system finance their increased pension obligations through debt, according to research conducted at Tilburg University.

  • News

    Pension body questions 'API lite' (amended)

    2008-05-28T15:05:00Z

    [16:05 CEST 28-05] NETHERLANDS - A general pensions vehicle (API) aimed at defined contribution schemes is not an adequate response to the problems in the pensions sector, according to the pension representative body OPF.

  • News

    Call for ‘levensloop’ terms to be widened

    2008-05-15T12:00:00Z

    [13:00 CEST 15-05] NETHERLANDS – The Labour Foundation (Star) has suggested terms of use for the “levensloop”, or life course, tax-friendly savings scheme would be more attractive to workers if they were widened to help people deal with a general loss of income.

  • News

    Philips’ assets rise despite disappointing returns

    2008-05-14T14:15:00Z

    [15:15 CEST 14-05] NETHERLANDS - The €14bn Philips pension fund said it has managed to reinforce its financial position, despite disappointing overall returns of 2.6% last year and a drop of its assets by €600m.

  • News

    Dutch pension register to arrive in two years

    2008-05-13T15:40:00Z

    [16:40 CEST 13-05] NETHERLANDS- Dutch pension fund participants will be able to find details of a member’s combined pension rights on one website within two years.

  • News

    Investors reject 'unethical' claim on food investments

    2008-05-12T11:15:00Z

    [12:15 CEST 12/05] NETHERLANDS - Dutch institutional investors have rejected claims suggesting their investments in soft commodities are unethical against the background of fast-rising food prices worldwide.

  • News

    Dutch parliament rallies against IASB proposals

    2008-05-08T14:15:00Z

    [15:15 CEST 08-05] NETHERLANDS - A large majority of the Dutch parliament wants the government to take steps to get essential components of the national pension system acknowledged in the new International Financial Reporting Standards (IFRS).

  • News

    AFM questions status of pension communications

    2008-05-08T11:15:00Z

    [12:15 CEST 08-05] NETHERLANDS - A significant proportion of all Dutch pension providers and insurers may still not be ready to implement the new rules on providing information to pension funds’ participants, according to the regulator AFM.

  • News

    IASB rejects exemption for Dutch system

    2008-05-07T14:00:00Z

    [15:00 CEST 07-05] NETHERLANDS - An exemption for the Dutch pension system will not be considered as part of the revision of the International Financial Reporting Standards (IFRS), according to project manager Anne McGeachin of the International Accounting Standards Board (IASB).

  • News

    Overlay strategy keeps DSM’s returns up

    2008-05-02T15:00:00Z

    [16:00 CEST 02-05] NETHERLANDS - The €5.3bn Pensioenfonds DSM Nederland (PDN) increased its total returns by 1.5% in 2007, thanks to its overlay strategy.

  • News

    Inflation and long term interest rates 'to rise'

    2008-04-25T12:30:00Z

    [13:30 CEST 25-04] EUROPE - Inflation will be high on the agenda for a long time, and might rise to 4% or even 5% at the end of next year, George Möller, executive chairman of asset manager Robeco forecasted.

  • News

    Incentives and health determine later retirement

    2008-04-23T10:30:00Z

    [11:30 CEST 23-04] NETHERLANDS - Financial incentives and individuals’ health determine whether workers want to carry on working when approaching retirement, researchers have found.

  • News

    Hedge funds "to disappoint" over pension returns

    2008-04-22T12:00:00Z

    [13:00 CEST 22-04] NETHERLANDS - Lack of clarity on the value of illiquid investments may result in very disappointing returns of hedge funds and structured financial products, according to Bob Puijn, chief investment officer for pensions asset management at Interpolis.

  • News

    Unions want clear say in pension vehicle API

    2008-04-22T10:45:00Z

    [11:45 CEST 22-04] NETHERLANDS - Industry-wide pension fund schemes are unlikely to implement the new general pension vehicle API anytime soon, according to CNV union because social partners do not want to lose their say in the running.

  • MN Services and Syntrus aim for €110bn provider
    News

    MN Services and Syntrus aim for €110bn provider

    2008-04-21T15:22:00Z

    [16:25 CEST 21-4] NETHERLANDS - The large pension provider MN Services and insurer Eureko’s pension division Syntrus are in an advanced stage of negotiations about a merger, both players have confirmed.

  • News

    VB to ask for more flexibility nFTK

    2008-04-18T14:25:00Z

    [15:25 CEST 18-04] NETHERLANDS - The Association of Industry-wide Pension Funds (VB) will approach the Dutch government to relax the rules on pension funds’ financial buffers required by the new financial assessment framework nFTK.

  • News

    Credit crisis hammered PMT

    2008-04-17T15:40:00Z

    [16:40 CEST 17-04] NETHERLANDS - The deepening credit crisis seriously affected assets of the Dutch metals pension scheme PMT during the first quarter of this year, producing negative returns of -4.4%, as well as a €1.6bn drop in assets to €32.9bn.