All articles by Leen Preesman – Page 131

  • News

    Commodities still promising - Compendeon

    2005-05-11T04:45:00Z

    NETHERLANDS - Despite the strong price rises so far, commodities are still a sensible asset class to invest in, says Dutch pensions investment management consultant Compendeon.

  • News

    NIB Capital declines comment on losses report

    2005-05-11T03:12:00Z

    NETHERLANDS – NIB Capital, the bank co-owned by the two largest Dutch pension funds, has declined to comment on a newspaper report that a Belgian joint venture has lost millions of euros in options trading.

  • News

    Unilever names new Belgian pension head

    2005-05-10T03:21:00Z

    BELGIUM - Ronald Domen has been appointed national pensions manager for Unilever in Belgium as of the start of this month.

  • News

    SNS Reaal agrees new style DC plan with unions

    2005-05-06T03:49:00Z

    NETHERLANDS – Banking and insurance group SNS Reaal has made its pension fund independent. it is one of the first larger Dutch companies to do so.

  • News

    Outsourcing good way to streamline - Compendeon

    2005-05-05T04:44:00Z

    NETHERLANDS – The decision by the pension funds of Philips and Akzo Nobel to outsource their asset management and administration marks the start of a trend of placing pension funds at a distance from the sponsoring company, according to Dutch management consultant Compendeon.

  • News

    Akzo Nobel first to abolish collective prepension

    2005-05-05T03:39:00Z

    NETHERLANDS - Chemical company Akzo Nobel is the first company to abolish the collective prepension scheme for its Dutch employees. Instead they can save individually for long-term leave via the new ‘levensloop’ scheme, which still will allow retirement at 62.

  • News

    Zalm clarifies role of certifying actuaries

    2005-05-04T04:23:00Z

    NETHERLANDS - Certification by an external actuary does not need to be mandatory for insurers, said Dutch finance minister Gerrit Zalm.

  • News

    Cerberus in ‘take-over talks’ with NIBCapital

    2005-05-04T04:04:00Z

    NETHERLANDS -The Dutch private merchant bank NIBCapital is reportedly in discussions regarding a take-over from US investment company Cerberus Capital Management.

  • Features

    There is no pensions crisis - official

    May 2005 (Magazine)

    There is no pensions crisis. That is the assertion of new VB chairman Benne van Popta. “New schemes are still being established. And it’s very questionable that youngsters aren’t interested in solidarity and collectivity. A recent survey among 3,000 young people has shown that three-quarters of them want to save ...

  • News

    EU says six states not ready for directive

    2005-04-27T03:32:00Z

    EUROPE - Six of the 25 EU member states won’t be ready for the EU directive on occupational pensions when it comes into force on September 23, says EU insurance and pensions commissioner Karel van Hulle.

  • News

    Dutch must discuss higher retirement age – DNB

    2005-04-27T03:31:00Z

    NETHERLANDS - Dutch society should start discussing the gradual rise of the retirement age from 65 to 67, to compensate for population ageing, said central bank president Nout Wellink (Corrects organisers in 2nd paragraph).

  • News

    Dutch schemes eye long bonds for FTK – NIBC

    2005-04-22T02:41:00Z

    NETHERLANDS – Most Dutch pension funds are planning to invest in long-term bonds and interest rate derivatives to comply with the new FTK rules, according to a survey by merchant bank NIB Capital and Mercer Human Resource Consulting.

  • News

    ABP starts investing in Third World micro credits

    2005-04-20T04:32:00Z

    NETHERLANDS – ABP has said it has started investing in micro credits for small entrepreneurs in the Third World.

  • News

    Dutch most satisfied with pensions - survey

    2005-04-19T04:03:00Z

    NETHERLANDS – The Dutch are the most satisfied people in the world with their present and future pensions, a survey by insurer AXA has revealed.

  • News

    Hedging affects Dutch public transport schemes

    2005-04-15T03:25:00Z

    NETHERLANDS - Hedging and the rising dollar has affected the returns on investment of the Dutch railways pension fund and the scheme for public transport, according to their quarterly results.

  • News

    Schemes happy with new FTK clarity

    2005-04-15T03:21:00Z

    NETHERLANDS – After a consultation, it has emerged that Dutch pension funds don’t need to stack-up financial buffers to cover the risks of indexation and investment separately, under the new rules of the financial assessment framework, or FTK.

  • News

    Big Dutch schemes get boost from oil surge

    2005-04-15T02:30:00Z

    NETHERLANDS - Rising oil prices have been the main driver behind strong returns on commodities portfolios at several large Dutch pension funds, their quarterly results have shown.

  • News

    KPN pension scheme returns 8.4%

    2005-04-13T04:05:00Z

    NETHERLANDS - The €3.45bn pension fund of Dutch telecoms firm KPN has posted a return on investments of 8.4% in 2004, the scheme said.

  • News

    Six Dutch members’ councils unite

    2005-04-13T03:24:00Z

    NETHERLANDS - The member councils of six large Dutch pension funds have united in a new national platform, which represents more than 2.5 million employees and pensioners.