All articles by Leen Preesman – Page 109

  • News

    Delta Lloyd buys out Friesland Foods scheme

    2007-12-11T12:00:00Z

    [13:00 CET 11-12] NETHERLANDS - Dairy company Friesland Foods has contracted out the pension claims of 16,000 pensioners and deferred members to insurer Delta Lloyd.

  • News

    PMT repairs 'loss of past buying power'

    2007-12-10T13:00:00Z

    [14:00 CET 10-12] NETHERLANDS - The industry-wide metal scheme PMT is claiming to be the first to have fully repaired the loss of buying power of the past five years, by granting an indexation of 2.36% for its active members and 2.79% for deferred participants and pensioners.

  • News

    Lower contributions requires good indexation - Donner

    2007-11-29T14:00:00Z

    [15:00 CET 29-11] NETHERLANDS - Pension funds are only allowed to use freed-up reserves for premium discounts if they can fulfil the expectations they have raised on indexation, according to Social Affairs minister Piet Hein Donner.

  • News

    Dutch state maintains index-linked bonds line

    2007-11-28T14:30:00Z

    NETHERLANDS - The Dutch Finance minister Wouter Bos he has reiterated he is not considering the issuance of index-linked bonds.

  • News

    PNO Media sees strongest gains from private equity

    2007-11-26T15:30:00Z

    NETHERLANDS - Private equity and commodities were the best returning asset classes during the third quarter, for the PNO media €2.8bn pension fund.

  • News

    Physios' scheme to grant 9% indexation

    2007-11-23T13:00:00Z

    [14:00 CET 23-11] NETHERLANDS - The €1.8bn occupational pension funds for physiotherapists SPF will grant its participants an indexation next year of no less than 9.08%.

  • News

    Flexibility deters schemes from fiduciary management - KPMG

    2007-11-21T14:00:00Z

    [15:00 CET 21-11] NETHERLANDS - Doubts about managers’ ability to deliver flexibility prevent many Dutch pension funds from choosing fiduciary management, claims accountancy advisory firm KPMG.

  • News

    SNS Reaal buys Dutch and Belgian Swiss Life

    2007-11-19T15:00:00Z

    [16:00 CET 19-11] NETHERLANDS/BELGIUM - The €83bn bank-insurer SNS Reaal is to acquire the Dutch and Belgian businesses of Swiss Life in a €1.5bn (€2.09bn) deal.

  • News

    Philips fund fraud brings calls for transparency

    2007-11-16T15:10:00Z

    [16:10 CET 16-11] NETHERLANDS - The Dutch Association of Property Participants (VVP) has called for more transparency around property transactions, to prevent fraud such as that now being investigated at the company pension scheme of electronics giant Philips.

  • News

    Building scheme to grant full indexation

    2007-11-16T15:00:00Z

    [16:00 CET 16-11] NETHERLANDS - The industry-wide pension fund for the building industry BPF Bouw has announced it will fully index the pension claims and benefits next year.

  • News

    VB calls for "balanced approach" to SRI

    2007-11-15T15:15:00Z

    [16:15 CET 15-11] NETHERLANDS - Pension funds should keep a balanced approach to socially-responsible investment, and avoid the over-doing of do-gooding, according to Benne van Popta, chairman of the Association of Industry-wide Pension Funds (VB).

  • Features

    Microfinance joins pensions portfolio

    November 2007 (Magazine)

    Dutch institutional investors are showing increasing interest in microfinance as a diversifer and the market appears to be largely untapped. Leen Preesman reports

  • News

    Increase focus on risk management - Eumedion

    2007-11-13T12:00:00Z

    [13:00 CET 13-11] NETHERLANDS - Eumedion, the platform for institutional investors, has called on the Netherlands’ 75 largest listed companies to focus on risk management and the structure of remuneration policy, in a bid to improve their firms.

  • News

    Pension funds caught up in insurance competition row

    2007-11-12T15:40:00Z

    [16:40 CET 12-11] NETHERLANDS - The Dutch Association of Insurers (VvV) is urging Social Affairs’ minister Piet Hein Donner not to allow pension funds to sell income protection schemes as a disability insurance pension, because it would give them an unfair competitive advantage.

  • News

    Small company schemes "gain from cooperation" - PWC

    2007-11-09T15:15:00Z

    [16:15 CET 09-11] NETHERLANDS - An upscaling of small and average-sized pension funds through some form of cooperation could improve governance and drive down costs, according to consultancy PricewaterhouseCoopers.

  • News

    Pension funds object to KPN pay

    2007-11-08T14:15:00Z

    [15:15 CET 08-11] NETHERLANDS - A group of six Dutch pension funds and institutional investors, led by the large schemes ABP and PGGM, has objected against the proposed payment package for chairman Ad Scheepbouwer of Dutch telecoms giant KPN.

  • News

    SER's inquiry right shift "damages shareholders"

    2007-11-08T14:00:00Z

    [15:00 CET 08-11] NETHERLANDS – Proposals from the Social Economic Council (SER) to reform the right to instigate an inquiry will damage the position of minority shareholders, Eumedion, the platform for institutional investors, has claimed.

  • News

    TNO shows good return despite credit crisis

    2007-11-07T14:00:00Z

    [15:00 CET 07-11] NETHERLANDS - Despite the credit crisis, the €2bn pension fund of the applied scientific research institute TNO returned over 4% on investments during the third quarter.

  • News

    Pension Act error ‘might scupper indexation promises’

    2007-11-06T15:00:00Z

    [16:00 CET 06-11] NETHERLANDS - A mistake discovered in the new Dutch Pensions Act could cause companies to forsake on future indexation promises, experts claim.

  • News

    Hedge funds and private equity 'have positive impact'

    2007-11-02T12:30:00Z

    [13:30 CET 02-11] NETHERLANDS - The effect of private equity investors and hedge funds on the Dutch economy and companies are modestly positive on average, researchers from Erasmus University have claimed.