Returns – Page 150

  • News

    SPOV and Schilders grant indexation

    2010-01-08T15:55:00Z

    [16:55 CET 08-01] NETHERLANDS - The financial position of the €2.3bn pension fund for public transport SPOV and the €3.3bn scheme for painters and decorators has improved so much on the previous yea's performance that both pension plans can grant their participants indexation for 2010.

  • News

    Bank recapitalisation assets hold back Irish state fund returns

    2010-01-07T15:50:00Z

    [16:50 CET 07-01] IRELAND – The National Pension Reserve Fund grew by almost 11.6% in the final quarter to €22.3bn, preliminary end of year figures from the National Management Treasury Agency (NTMA) have revealed.

  • News

    UK roundup: State Street, MP pensions, Fujitsu, Linklaters, Aero Engine

    2010-01-07T14:30:00Z

    [15:30 CET 07-01] UK – Preliminary figures from State Street's defined benefit (DB) scheme results survey show an average 15% return, while the MP's pension scheme has appointed a legal adviser. Workers at Fujitsu are organising further strikes over the firm's pension scheme closure, Linklaters is to close its DB ...

  • News

    Dutch pensions aim to win over sceptical public

    2010-01-07T14:15:00Z

    [15:15 CET 07-01] NETHERLANDS - The Dutch Association of Industry-wide Pension Funds (VB) has launched a media campaign after research suggested a large majority of the public is very critical about pension fund investment strategies.

  • News

    DNB approves ANWB recovery plan at fourth attempt

    2010-01-07T14:00:00Z

    [15:00 CET 07-01] NETHERLANDS - Pensions regulator De Nederlandsche Bank (DNB) has approved a fourth version of the recovery plan of the pension fund of the motorists' organisation ANWB.

  • News

    Dutch pension funds begin to pay indexation

    2010-01-06T15:15:00Z

    [16:15 CET 06-01] NETHERLANDS – Dutch pension funds provided by KLM and Fortis Bank will pay their members full indexation this year on the back of improved investment performance.

  • News

    Romania's mandatory pensions net 17.7%

    2010-01-06T14:15:00Z

    ROMANIA – Romanian pension plans made the most of gains in the equity markets and bond return potential last year as figures released by the Romanian Pensions Funds’ Association (APAPR) suggest second pillar mandatory schemes returned an average of 17.7% in 2009.

  • News

    Irish managed funds rebound 20% in 2009

    2010-01-05T15:35:00Z

    [16:35 CET 05-01] IRELAND – Irish managed pension funds clawed back some of the losses suffered in 2008 and produced a return of more than 20% in 2009, according to figures from consulting firms.

  • News

    PMA scheme pulls back to grant full indexation of 3.25%

    2010-01-05T15:30:00Z

    [16:30 CET 05-01] NETHERLANDS - The pension fund for Dutch pharmacy staff (PMA) has granted its participants full indexation of 3.25% as the scheme now has a cover ratio of 133%.

  • News

    UK pension funds predicted to return 14% in 2009

    2010-01-05T15:00:00Z

    [16:00 CET 05-01] UK – The average UK pension fund produced an estimated weighted 14% average return on investments in 2009, compared with -13.8% return the previous year, according to figures from BNY Mellon Asset Servicing.

  • News

    Equities recover but still deliver ‘worst decade’ performance

    2010-01-04T15:45:00Z

    [16:45 CET 04-01] GLOBAL – MSCI Barra, the provider of equity market benchmark data, said strong performance of major regional equity indices indicated a recovery in stock markets last year. Yet rival provider S&P Indices said equities also delivered the worst 10-year performance ever recorded during the Noughties.

  • Dutch cover ratios rise to 109% - DNB
    News

    Dutch cover ratios rise to 109% - DNB

    2010-01-04T14:45:00Z

    [15:45 CET 04-01] NETHERLANDS - The cover ratio of Dutch pension funds improved by an average seven percentage points to 109% during the third quarter of 2009, according to pensions regulator De Nederlandsche Bank (DNB).

  • Life expectancy reduces PfZW indexation
    News

    Life expectancy reduces PfZW indexation

    2010-01-04T14:30:00Z

    [15:30 CET 04-01] NETHERLANDS – PfZW, the €84bn Dutch industry-wide pension scheme for healthcare workers, has granted its two million participants part indexation of 0.72% - lower than in previous years as officials at the pension fund anticipate life expectancy will rise in the future.

  • KLM scheme to grant 2.5% indexation
    News

    KLM scheme to grant 2.5% indexation

    2009-12-23T14:15:00Z

    [15:15 CET 23-12] NETHERLANDS - The €5bn pension fund for KLM flight staff will grant all its participants a full indexation of 2.5%, following the relevant salary index.

  • News

    UK roundup: ONS and Public Sector Pensions Commission

    2009-12-21T13:00:00Z

    [14:00 CET 21-12] UK – The net investment of self-administered pension funds fell by £7.9bn (€8.9bn) in the third quarter of 2009 to total just £2.8bn, the Office of National Statistics has revealed.

  • News

    Norwegian pension funds declined 4.4% in 2008

    2009-12-18T15:40:00Z

    [16:40 CET 18-12] NORWAY – Norwegian pension funds had a combined deficit of NOK4.7bn (€560m) in 2008, according to latest figures from Statistics Norway.

  • Dutch railways scheme keeps recovery on track
    News

    Dutch railways scheme keeps recovery on track

    2009-12-18T15:15:00Z

    [16:15 CET 18-12] NETHERLANDS - The €10.3bn railways scheme SPF will grant its participants full indexation of 2.07% from the beginning next year, but the metal workers’ scheme PMT has failed to recover enough to consider it.

  • News

    Housing fund SPW returned 8% in Q3

    2009-12-17T15:55:00Z

    [16:55 CET 17-12] NETHERLANDS - The €4.8bn pension fund for housing corporation SPW saw its cover ratio rise by 6.5 percentage points to 103.4% in the third quarter of this year, thanks to an 8% return on investments.

  • News

    Cadbury completes £500m buy-in with PIC

    2009-12-16T15:15:00Z

    [16:15 CET 16-12] UK - Trustees of the £2bn (€2.2bn) Cadbury Pension Fund have agreed a buy-in for around £500m of their pensioner liabilities with Pension Insurance Corporation (PIC).

  • News

    Berkshire completes first LGPS longevity deal

    2009-12-15T15:15:00Z

    [16:15 CET 15-12] UK – The Royal Borough of Windsor and Maidenhead (RBWM) has completed the first longevity hedging deal for a local government pension scheme (LGPS).