All Pensions Briefing articles
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Features
Dutch suggestions for fine-tuning pension funds’ climate stress tests
Five Dutch IORPs supplemented EIOPA’s 2022 stress test, the first to include climate scenarios, with their own more granular approach
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Special Report
Regulation: EIOPA takes stock of IORP II
Sustainability requirements in focus as EIOPA admits cross-border ‘failure’
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Special Report
Regulation: IPE’s guide to pensions regulation in six key European countries
IPE’s guide to pensions regulation in six key European countries. Gail Moss reports
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Special Report
Regulation: EC continues sustainable investment regulation drive
The state of play for EU sustainable finance regulation
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Features
Defining the precise scale advantages for DB pension funds
Most people working in the institutional asset management space have an intuitive understanding that the size of the institution, measured by total assets under management (AUM), has an impact on performance – that bigger funds tend to perform slightly better. On the other hand, there are plenty of stories of successful hedge funds that got too large and lost their way, unable to continue delivering on past success due to their size. So which is it? Do larger institutional investors outperform their smaller kin, or is AUM the proverbial millstone in terms of performance?
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Features
Briefing: Unfinished business on IORP II
Almost three years on from the effective date for the implementation of IORP II, the directive is still being worked on, amended and adapted by Europe’s regulators. What will 2022 bring for the regulation of the EU’s pension funds?
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Features
Briefing: Long-term investing: it’s up to the pension board
A practical framework for pension fund trustees looking to implement long-term investment approaches
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News
Pensions Briefing: Incorporating ESG factors in pension investment activity
A look at IOPS supervisory guidance on the integration of ESG factors in the investment and risk management of pension funds
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Features
How to improve EIOPA’s stress test
EIOPA’s 2019 stress tests already included substantial improvements, but the cash flow analysis could be improved further
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Features
Pensions depositaries: IORP II’s new consolidation option
European pensions legislation raises the possibility of a new kind of consolidation vehicle that could also accommodate large Dutch mandatory industry-wide pension funds
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Features
Dutch hedging strategies: Dynamic approaches in favour
Levels of interest rate hedging cover used by Dutch industry-wide pension funds vary widely, according to figures published late last year by pensions supervisor De Nederlandsche Bank (DNB).
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Features
iTDFs: A formula to end retirement blues?
All over the world, the financial industry is grappling with the ‘ideal’ post retirement investment strategy and with how best to pay out income in retirement. There is an arms race and the question is the following: who will win the retirement agenda?
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Features
Cross-border pensions: Barriers to entry
The experience of Bosch shows that a better framework is required for cross-border pensions
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Features
PEPP: no straightforward route
Some entities will not be eligible to offer PEPP products in Bulgaria, which looks like a recipe for market confusion
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Features
Foreign pension funds set for tax refunds on UK property income
A recent ruling by the UK Tax Tribunal decided that the imposition of UK income tax on the property income of a German pension scheme was unlawful under EU law
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Features
Annuity innovation: A new decumulation solution
With the decline of DB pension funds, individuals are seeking alternatives for longevity protection
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Features
Auto-enrolment grows globally
A growing number of countries are planning to reduce the strain placed on public finances of providing pensions to ever more retirees by encouraging individuals to make more adequate provision for their own retirement
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Features
Collective DC in the Netherlands
How Dutch collective defined contribution schemes came about and how they differ from other schemes
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Features
German Longevity: Are the tables turning?
The rate of increase in life expectancy in Germany appears to be slowing down