All articles by Leen Preesman – Page 112

  • News

    Misset scheme to join PGB

    2007-08-17T10:00:00Z

    [11:00 CEST 17-08] NETHERLANDS - The pension fund of printing company C. Misset will join the €10bn industry-wide pension scheme for the printing industry PGB next year, it announced.

  • News

    Pensions' mortgage portfolios reach €33bn - DNB

    2007-08-16T15:30:00Z

    [16:30 CEST 16-08] NETHERLANDS - Dutch pension funds and insurers have combined mortgage capital business on outstanding home loans worth €33bn, or 6% of the national market, regulator De Nederlandsche Bank has announced.

  • News

    FJAs to claim US tax benefits collectively

    2007-08-15T15:45:00Z

    [16:45 CEST 15-08] NETHERLANDS - Changes in cross-border tax processing means closed Dutch funds for joint accounts (FJAs), in which pension funds are the sole participants, should now find it easier to claims US dividend tax benefits, the Dutch Finance Department has said.

  • News

    Robeco beats F&C to 130/30 Europe

    2007-08-07T10:00:00Z

    [11:00 CEST 07-08] NETHERLANDS - Robeco is launching a ‘short-extension’ European equities fund which promises a “high return” by making extended use of derivatives.

  • News

    Medical scheme to guarantee 3% indexation

    2007-08-02T15:00:00Z

    [16:00 CEST 02-08] NETHERLANDS - The €5bn occupational pension for medical consultants SPMS will guarantee its participants a yearly indexation of at least 3%, it has announced.

  • News

    Hedge funds eye Dutch investment vehicle - adviser

    2007-08-01T14:30:00Z

    [15:30 CEST 01-08] NETHERLANDS - A “considerable” number of hedge funds and other investment funds mare considering a move to the Netherlands, in order to benefit from the new tax-free investment vehicle VBI, suggest industry experts.

  • News

    Levensloop and spaarloon should merge - Bovenberg

    2007-07-31T16:00:00Z

    [17:00 CEST 31-07] NETHERLANDS - The tax-friendly saving schemes ‘spaarloon’ and ‘levensloop’ should be merged into a wider and robust savings facility for periods with less income, according to experts.

  • News

    Joint venture strengthens Aegon’s foothold in Spain

    2007-07-31T10:00:00Z

    [11:00 CEST 31-07] SPAIN - Aegon has strengthened its foothold in the Spanish pensions and life insurance market by agreeing to establish a joint venture with savings bank Caja Cantabria.

  • News

    Dutch schemes recall Fortis’ securities for ABN vote

    2007-07-30T16:00:00Z

    [17:00 CEST 30-07] NETHERLANDS - Dutch pension funds are recalling their loaned securities in Fortis Bank to prevent activist hedge funds benefiting from the implicit voting rights on Fortis’ bid for ABN Amro.

  • News

    Building industry’s fund to reveal investments

    2007-07-27T14:30:00Z

    [15:30 CEST 27-07] NETHERLANDS - The €25bn industry-wide pension fund for the building industry BPF Bouw is to publish its equity investments to increase transparency.

  • News

    ABP and PGGM want returns in sustainable investment

    2007-07-26T10:00:00Z

    [11:00 CEST 26-07] NETHERLANDS - ABP and PGGM, the largest pension funds in the Netherlands, say they expect to see real returns on investments in sustainability and social causes.

  • News

    SBZ reduced property stake by one-third

    2007-07-23T14:30:00Z

    [15:30 CEST 23-07] NETHERLANDS – SBZ, the industry-wide pension fund for care insurers, said it has decreased its investments in property by 5% to 10% of its total portfolio and will focus its immediate attention on Dutch direct real estate.

  • News

    Equity gives PMT and SPF positive returns

    2007-07-20T15:50:00Z

    [16:50 CETS 20-07] NETHERLANDS - The industry-wide pension fund for the metalworking and mechanical engineering PMT has made a modest return of 1.4% during the second quarter.

  • News

    West Midlands awards ING £560m property mandate

    2007-07-20T14:00:00Z

    UK - The £7.8bn (€11.6bn) West Midlands Metropolitan Pension Fund has awarded ING Real Estate a £560m advisory mandate to manage its UK direct property portfolio.

  • News

    Major Dutch schemes boosted by interest rates

    2007-07-19T15:00:00Z

    [16:00 CEST 19-07] NETHERLANDS - The coverage ratio of the largest Dutch pension funds has risen considerably in the last six months thanks to an increase in long-term interest rates and a resulting drop in liabilities.

  • News

    KLM schemes move into UK corporate bonds

    2007-07-17T15:30:00Z

    [16:30 CEST 17-07] NETHERLANDS - The KLM pension funds for cabin staff and flying personnel have allocated 5% of their fixed income portfolios to long-term UK corporate bonds.

  • News

    Indexation label faces six-month delay

    2007-07-17T15:00:00Z

    [16:00 CEST 17-07] NETHERLANDS - The introduction of the indexation label will be delayed by half a year until July 2008, Social Affairs’ minister Piet Hein Donner has said.

  • News

    Shell pension fund to pay full indexation

    2007-07-10T09:00:00Z

    [10:00 CEST 10-07] NETHERLANDS - The €18.5bn pension fund of oil giant Shell said it will pay its 37,500 participants a full indexation of 1.6% as of 1 July.

  • News

    Schemes ‘slow to introduce governance rules’

    2007-07-09T11:00:00Z

    [12:00 CEST 09-07] NETHERLANDS – Dutch pension funds are struggling with the introduction of new governance rules, according to a KPMG Financial Services study.

  • News

    Pensions sector satisfied with supervisor covenant

    2007-07-04T15:30:00Z

    NETHERLANDS - The Dutch pensions sector has revealed it is satisfied with the new covenant of cooperation between the two supervisors DNB and AFM.