Pension System – Page 14
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NewsAP7 starts distributing surpluses to savers to keep fees stable
Swedish default fund for premium pension finds solution to excess-money quandary as asset management surpluses grow
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NewsSwedish, Finnish real pension returns hit hardest by inflation last year
Finnish Centre for Pensions uses average monthly inflation figures to compare real pension investor returns, revealing Sweden and Finland were worst hit in international comparison
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NewsDivestment rules for long-term savings plans lead to ‘operational complexity’
Inarcassa asked the tax authority in Italy, the Revenue Agency (Agenzia delle Entrate), to clarify rules on capital repayments made by closed AIFs
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NewsASIP’s director points finger at ‘double game’ played by unions in pensions reform
Lukas Müller-Brunner says poverty in old age has fallen dramatically largely thanks to occupational pension provisions
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NewsCBI, CSSF finalise yield buffer rules for sterling LDI funds
Measures complement guidance issued by UK regulators in wake of UK LDI crisis
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NewsGerman finance ministry ups maximum interest rate
The rate, used to calculate the amount of reserve funds for pension payouts, is increasing to 1% from the current 0.25%, from 2025 – the first increase in 30 years
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NewsSweden’s FTN in third tender launch, for Nordic large-cap, small-cap
Procurement agency sets 10 June deadline for bidders looking to win slice of SEK18bn of premium pensions assets
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NewsPensions Dashboard Programme to launch user testing and planning group
PDP highlighted that there is a need to robustly test dashboards as they develop
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NewsDutch funds risk €18bn bill if pension transition called off, says PwC
Dutch pension funds would have to shoulder the cost of running expensive legacy DB systems for decades to come, the accountant warns
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NewsItalian schemes explore investment opportunities with European Investment Fund
Pension funds Arco, Concreto, Fondo Pensione Byblos and Fon.Te plan to boost investments in Europe
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NewsFinland’s Elo cites hedge funds, listed equities as Q1 drivers
Pensions insurer makes 6.5% return on hedge funds as weighting increases in portfolio
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NewsGerman Pensionskassen association slams first pillar equity fund plan
VFPK is ‘extremely skeptical’ about the role assigned to the state as an equity investor through the fund
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NewsDenmark must make forestry more appealing for investors, says IPD
Pensions lobby responds to official climate report on Denmark’s future land use, which concludes afforestation needed
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NewsGermany’s liberal party plan to scrap early retirement rule sparks row with democrats
Social democratic party rejects any proposal to increase retirement age
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NewsDutch ‘early birds’ postpone DC transition
Only 10 pension funds are now still scheduled to make the transition to a new DC arrangement by 1 January 2025
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NewsPLSA calls for superfund regime before establishing public sector consolidator
Association says more time is needed to determine whether public sector consolidator is needed
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NewsPPF-run pensions consolidator could unlock £10bn in UK investment
The lifeboat scheme estimates that pension funds with assets totalling £130bn could be interested in a transfer
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NewsSwiss Fintech Innovations calls for rules to set up pension dashboard
Switzerland currently lacks necessary infrastructure that would make people share personal pension data securely with third-party providers
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NewsEU single market report drafts road map for Savings and Investments Union
Report written by former Italian prime minister Enrico Letta recommends changes to unlock €33trn of private savings
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NewsItalian pension funds face competition on private assets investments
Current rules and lack of political support can hinder pension funds’ plans to increase private markets commitments
