All articles by Leen Preesman – Page 108

  • News

    Emerging markets tops BPF Bouw returns

    2008-01-23T10:00:00Z

    [11:00 CET 23-01] NETHERLANDS - Equity investments in emerging countries were the best returning asset class of the €26bn pension fund for the construction industry BPF Bouw and generated returns of over 30% in 2007.

  • News

    PGGM disinvests on PetroChina because of human rights

    2008-01-18T14:47:00Z

    [15:50 CET 18-01] NETHERLANDS - The €88bn health care pension fund PGGM is withdrawing its €37m investments in oil company PetroChina, because of the firm’s human rights violations in Sudan.

  • News

    NIBE-SVV picks Delta Lloyd

    2008-01-18T11:43:00Z

    [13:20 CET 18-01] NETHERLANDS – The Dutch knowledge institute for the bank, insurance and investment industry (NIBE-SVV) has placed its pension contract with life insurer Delta Lloyd.

  • News

    PMT and PME fund returns reflect commodity surge

    2008-01-17T15:26:00Z

    [16:35 CET 17-01] NETHERLANDS - Spectacular yields of 37.3% on commodities and 31.9% on timber, US life insurances and Chinese equity contributed to the 5.2% overall returns in 2007 of the €22bn metal pension fund PME.

  • News

    TNT's commodities return 30.5%

    2008-01-16T15:15:00Z

    [16:15 CET 16-01] NETHERLANDS - Commodities were the best returning asset class of the €4.5bn postal pension fund TNT last year, returning 30.5% in 12 months.

  • News

    ABP sees strong profit in alternatives

    2008-01-16T14:00:00Z

    [15:00 CET 16-01] NETHERLANDS - Alternative investments was the best returning asset class for the large civil service pension scheme ABP, while total returns on investments reached 3.8% during 2007.

  • News

    Pharmacies' scheme gives 1.25% indexation

    2008-01-14T13:30:00Z

    [14:30 CET 14-01] NETHERLANDS - The €1.1bn pension fund for pharmacies’ staff PMA has granted its participants an indexation of 1.25%.

  • News

    OPG pension looks to Blue Sky

    2008-01-11T15:30:00Z

    [16:30 CET 11-01] NETHERLANDS – Corporate pension fund OPG has chosen Blue Sky Group as its provider of administration and board support.

  • Pension funds fight IFRS
    News

    Pension funds fight IFRS

    2008-01-08T12:20:00Z

    [13:20 CET 08-01] NETHERLANDS - Dutch umbrella organisations for pension funds and employers are mounting a joint effort to prevent the accounting rules of the International Financial Reporting Standards (IFRS) from undermining the Dutch pension system.

  • AOW needs funding gap filled fast - research
    News

    AOW needs funding gap filled fast - research

    2008-01-07T14:00:00Z

    NETHERLANDS - Dutch pensioners will increasingly have to contribute to the financing of the state pension AOW if present legislation is left unchanged, according to a study just released.

  • News

    Code of conduct matches principles shift

    2008-01-07T13:30:00Z

    [14:30 CET 07-01] NETHERLANDS - Umbrella organisations for the Dutch pension funds have launched a new code of conduct, which is more principle-based than the earlier ruled-based regime.

  • News

    Donner proposes ‘no fixed form’ to API 'institutions'

    2008-01-04T16:00:00Z

    [17:00 CET 04-01] NETHERLANDS – Creation of new Dutch general pensions institutions, known as APIs, will not be given a fixed legal form to give overseas players flexibility in the market, according to Social Affairs’ minister Piet Hein Donner.

  • News

    Dutch pension assets "top EU countries"

    2007-12-20T11:00:00Z

    [12:00 CET 20-12] EUROPE - Dutch pensions assets are highest of all EU countries relative to the nation’s gross domestic product as the amount invested totals 176% of GDP, according to a study.

  • News

    Government makes u-turn on high earner pensions tax

    2007-12-19T13:30:00Z

    NETHERLANDS - The Dutch government has backtracked on its initial plan to limit the fiscal support for the build-up of a pension on incomes of over €185,000.

  • News

    DNB find schemes "too liberal" in assumptions

    2007-12-18T15:00:00Z

    [16:00 CET 18-12] NETHERLANDS – "A number" of pension funds are too liberal in the expected returns assumptions used as a basis for establishing costs covering contributions, according to pension regulator De Nederlandsche Bank.

  • News

    Indexation label 'not strong enough' - Aon

    2007-12-17T15:15:00Z

    [16:15 CET 17-12] NETHERLANDS - The new indexation label for pension funds’ participants should not only indicate the expected quality of the future indexation, but also provide clarity on the entire pension arrangements, consulting firm Aon has argued.

  • News

    VB calls for removal of pensions merger barriers

    2007-12-17T15:00:00Z

    [16:00 CET 17-12] NETHERLANDS - The government should increase the competitiveness of the Dutch pension sector by removing fiscal barriers to scheme mergers, instead of abolishing mandatory participation, the Association of Industry-wide Pension Funds (VB) has suggested.

  • News

    Military unions place levensloop with Aegon

    2007-12-14T15:15:00Z

    [16:15 CET 14-12] NETHERLANDS - Three unions for military personnel have made arrangements to set up a ‘levensloop’, or life course, scheme with insurer Aego, instead of placing contributions with the scheme of their employer, the ministry of Defence.

  • News

    Empower supervisory boards, say top economists

    2007-12-13T15:00:00Z

    NETHERLANDS - Supervisory boards should be given more power to deal with activist shareholders and private equity players, in order to avoid negative effects on a company’s long-term value, Dutch economists have claimed.

  • News

    Banks granted right to sell pensions products

    2007-12-13T11:00:00Z

    [12:00 CET 13-12] NETHERLANDS - Dutch banks will be competing with insurers from January to offer tax-friendly savings products as additional pensions plans.