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Established 1996
Friday 24 May 2019

LATEST NEWS 

23/05/19

The indicators used to measure pension systems across the European Union must be improved and made more multi-dimensional, according to Higher Council on Statistics member Rudi Van Dam


23/05/19

The pensions and investment industry is positive to the growing number of issued green government bonds, professionals discussed at the eighth annual World Pensions Forum in Brussels


23/05/19

Pension funds should be wary of governments and too much focus on environmental, social and governance (ESG) investments, Freemasons Pension Scheme chair David Bennett-Rees has said.

Speaking at the eighth annual World Pensions Forum in Brussels today, 23 May 2019, on a panel debate on long-term investment, risk management and the current industry environment, Bennett-Rees said the government should not use pension funds for social engineering


22/05/2019

Pension insurers in Finland are investing more in infrastructure and real estate in order to stay sustainable, according to the Finnish Pension Alliance (Tela)


22/05/2019

Asset manager PGGM has invested €82.5m in the recently launched AAA-rated Dutch green government bond, on behalf of Pensioenfonds Zorg en Welzijn (PFZW), and €1m through its own PGGM Government Bond Fund


22/05/2019

The pressure to save for retirement is causing unease among young people in Sweden, as they feel increasingly responsible for their own pensions


21/05/2019

Preparing for retirement is a challenge and opportunity which requires collective action by individuals, governments and employers, Aegon CEO Alex Wynaendts said at the OECD Forum in Paris


21/05/2019

The Netherlands is issuing a state bond on 21 May, becoming the first AAA-rated sovereign to enter the green bond market


21/05/2019

A survey has found that 94 per cent of investors, including pension funds, advisers and consultants, are planning on increasing their allocation to impact investments over the next one to three years


20/05/2019

Sweden and Portugal have signed an agreement to change a tax treaty which previously allowed people to withdraw Swedish pensions in Portugal tax-free


20/05/2019

Retirees living in Europe have seen the purchasing power of their pension decrease by 14 per cent over in the three years since Brexit, due to volatility in the currency market


20/05/2019

Swiss voters have approved stricter measures for corporate taxes and increased pension finance in a referendum to get rid of its low-tax branding


17/05/2019

Pension funds must work on their relationships with their members in order to build trust, according to ABP chairman of the board Corien Wortmann-Kool


17/05/2019

Denmark’s LD Funds saw a satisfying growth in the first quarter of 2019 but has so far returned negative in May, the pension provider said


17/05/2019

The Swedish government fund for supplementary pensions AP7 saw a 2018 with an increased focus on sustainability, lobbying with other investors for climate legislation


16/05/2019

The issues around achieving just and equal pensions for women is a “key issue” for the government in Sweden, Minister of Social Security Annika Strandhäll said


16/05/2019

Finnish pensions insurer Ilmarinen has invested €750m in a responsible benchmark indexed BlackRock exchange-traded fund (ETF), which it helped develop with iShares


16/05/2019

The airport in Brussels is cancelling flights as Belgian air traffic controllers are going on strike over pensions, wages and work-life balance


15/05/2019

Danish pensions and insurance provider Velliv has seen record payments of DKK 4.8bn in the first quarter of 2019 and an investment return of DKK 10.1bn


15/05/2019

Norwegian public-sector occupational pensions provider KLP is excluding companies which derive more than five per cent of revenues from coal-based activities from all its investment activities


15/05/2019

European Pensions' sister title, Pensions Age, is thrilled to have been shortlisted in the Pensions Publication of the Year category at the Willis Towers Watson Media Awards 2019


15/05/2019

Pension funds and providers from Denmark and Norway have invested $700m in green energy infrastructure for emerging markets in Latin America and Asia


14/05/2019

Almost one in three in Sweden do not think they can choose themselves when they start withdrawing pensions, a survey by pension provider AMF


14/05/2019

Industrial employees are remaining longer in the labour market, retiring on average at 65, according to a survey by industry scheme Industriens Pension


14/05/2019

The European Commission’s infringement process against the Netherland’s implementation of the IORP II Directive was made due to a 'communication mistake', the Dutch Minister of Social Affairs and Employment Wouter Koolmeees has said.

Answering parliamentary questions on the infringement process, the minister said Dutch legislation and regulation has been fully changed in line with the directive


13/05/2019

The Danish pension provider Sampension has made a real estate investment in a Roskilde property, consisting of 121 new energy efficient rental flats


13/05/2019

The Dutch institutional asset manager PGGM has acquired a 25 per cent interest in Macquarie AirFinance in order to increase its infrastructure portfolio


13/05/2019

The leading trade unions in Croatia have collected enough signatures to hold a referendum in order to reduce the retirement age from 67 to 65, according to Reuters


10/05/2019

SACRA, a pension fund for the French insurance sector, and Scientific Beta have announced the launch of two low carbon multi-factor indices for the US and Eurozone regions


10/05/2019

Continuous increases in wages could lead to a significant fall in the standard of living in retirement, according to Danish pension provider PFA


10/05/2019

The Dutch pensions ombudsman is calling on pension providers to improve their complaints procedures after handling 446 complaints over the past year


09/05/2019

Two out of five self-employed people in Finland are underinsuring themselves when confirming the basis for their future pension and social insurance, according to the Finnish Centre for Pensions (ETK)


09/05/2019

The Pan-European Personal Pension Product (PEPP) has the potential to be as successful as UCITS, according to a panel debate during the Association of the Luxembourg Fund Industry’s (Alfi) London Cocktail & Conference


09/05/2019

Dutch paint manufacturer AkzoNobel contributed £550m (€639) in cash payments to its UK defined benefit pension schemes following its triennial review, it has revealed


09/05/2019

The asset management industry can provide solutions for the changing demographics in Europe, putting pressure on pensions, according to the Association of the Luxembourg Fund Industry's (Alfi) chairman Denise Voss


08/05/19

Norwegian pension company, KLP, has returned NOK 2.2bn in the first quarter of 2019, it has revealed


08/05/19

The United Nations Officer for Disaster Risk Reduction has parterned with Norways’s KLP to geo-tag financial investments against vulnerability to disaster and climate risk


08/05/19

The Danish pension group Sampension has invested about DKK 500m (€67m) in a forest in Oregon, in order to diversify and inflation-proof its returns


08/05/19

Irish managed pension funds made average returns of 2.7 per cent in April, according to Rubicon Investment Consulting


07/05/2019

Denmark’s government is introducing new regulations for senior pensions, allowing worn-out workers to retire from the labour market six years before others and work flexible hours


07/05/2019

The Irish government will oppose any changes to pension contributions in pay talks with unions, ahead of elections, according to the Sunday Independent


07/05/2019

Denmark’s Danica Pension has completed the sale of its Swedish branch to pension manager Sampension, asset manager Unigestion and private equity companies Polaris and Acathia


03/05/2019

All four Finnish pension insurers Elo, Varma, Ilmarinen and Veritas, returned positive in the first quarter of 2019, ranging from 3.8 to 5.2 per cent


03/05/2019

The Norwegian Government Pension Fund Global saw a return of 9.1 per cent, or NOK 738bn (€75.4bn), in the first months of 2019, making it the strongest quarter ever for the fund


03/05/2019

The European Insurance and Occupational Pensions Authority (EIOPA) is setting up an expert panel on the Pan-European Personal Pension Product (PEPP) Regulation and is calling for professionals to join


02/05/2019

Ministers are being urged to produce a Green Finance Strategy, that sets out how the government will attract the additional new investment needed to go further and reduce the UK’s emissions to net zero by 2050


02/05/2019

The Dutch asset manager APG has completed the sale of its insurance subsidiary Loyalis to ASR Netherlands (a.s.r.), in an acquisition where all conditions were met


02/05/2019

Denmark’s pension fund for teachers, Lærernes Pension (LP Pension), has been instructed by the Financial Supervisory Authority (FSA) to increase focus on reporting, monitoring and how it determines its frameworks


01/05/2019

Denmark’s ATP has seen its highest ever return in the first quarter of 2019 with a rate of over 20 per cent, a result of declining interest rates and upticks in global equity markets


01/05/2019

Pension funds in the Netherlands have improved in the first quarter of 2019 but the overall financial position is still not adequate, statistics from De Nederlandsche Bank (DNB) revealed


01/05/2019

The Irish state used a law to cut payments to retired aviation workers part of the Irish Airlines Superannuation Scheme (IASS) to address a €770m deficit before being sold, the High Court has been told


30/04/2019

Danske Bank’s pension provider Danica Pension reported a DKK 381m (€51m) profit before tax in the first quarter of 2019, a 22 per cent increase, compared to the same period last year


30/04/2019

The Government Pension Fund of Norway (GPFN) grew by 5.5 per cent and NOK 13bn in the first quarter of 2019 due to positive markets


30/04/2019

The Danish pension fund DIP has voted to approve a merger with JØP at its annual general meeting, with 93 per cent of its members voting in favour


29/04/19

The Swiss fund market value increased by CHF 7.8bn (0.7 per cent) over March 2019, according to data compiled by Swiss Fund Data AG and Morningstar


29/04/19

Tens of thousands of savers will be affected by Malta’s new pension rules due to come into effect on 1 July 2019, according to deVere Group


29/04/19

PFA has seen a strong comeback in the first quarter of 2019, returning DKK27.3bn in its best quarter since the same period in 2015, the Danish pension provider said.

The positive return was a result of positive markets


26/04/2019

The Dutch APG managed to achieve an average additional return for its pension funds of 90 basis points compared to the market, the pensions asset manager said, publishing its annual report


26/04/2019

The European Insurance and Occupational Pensions Authority (EIOPA) will in 2019 work on supervisory convergence in the pensions sector regarding the implementation of the IORP II Directive


26/04/2019

The Norwegian Government Pension Fund Global’s asset manager Norges Bank Investment Manager (NBIM) has extended its partnership with Prologis and invested in seven logistics properties across three countries


25/04/2019

The eighth annual Irish Pensions Awards are now accepting entries until 26 July for Irish pension funds and providers who feel they have excelled in the past year


25/04/2019

The Norwegian Government Pension Fund Global (GPFG) must focus on its objective to achieve the highest possible return at an acceptable risk, not on being an instrument of different policies, the Norges Bank governor said at the annual parliamentary hearing on the fund


25/04/2019

The Norwegian pension provider and asset manager Storebrand is launching three sustainable investment strategies for investors in the Netherlands


25/04/2019

Members of Danish pension fund JØP voted almost unanimously in favour of merging with pension fund DIP at its annual general meeting in Copenhagen


24/04/2019

Norges Bank Investment Management (NBIM) will vote in favour of frequent elections of all members of boards, during annual general meetings (AGMs) this year


24/04/2019

The Dutch pension fund for government and education, ABP, is at risk of having to reduce their members’ pensions as its funding ratio is below the required 2021 level


24/04/2019

The majority of members in Norwegian defined contribution schemes are losing out on potential investment returns by staying in employer-chosen pension solutions, Norway’s FSA has found


24/04/2019

Global energy company Equinor has announced it will take significant action on climate change, following dialogue with the global investor initiative Climate Action 100+


23/04/2019

Irish workers are increasingly making provision for retirement, with one in every fifth worker aged between 20 and 69 years now having supplementary pension coverage, according to the Central Statistics Office (CSO)


23/04/2019

The Association of the Luxembourg Fund Industry (ALFI) has welcomed the European Parliament's adoption of a series of directives and regulations, including the amendments the UCITS and AIFM directives


23/04/2019

The Network for Greening the Financial System (NGFS), which supports collective action in achieving the objectives of the Paris Agreement, has seen its memberships grow as the European Investment Bank, the Swiss National Bank and the Swiss Financial Market Supervisory Authority (FINMA) joins the international initiative


18/04/2019

Norges Bank Investment Management (NBIM), the asset manager of Norway’s Government Pension Fund Global, has extended the remaining 72-year ownership interest in the Hudson Square portfolio in New York City to a 99-year term


18/04/2019

Four out of five industry-wide pension funds in the Netherlands are at risk of having to reduce their members’ pensions, according to the pension fund association Pensioenfederatie


18/04/2019

A review of Sweden’s First National Pension Fund’ (AP1) SEK 500,000 (€47,679) internal conference at a French chateau, where the CEO owns property, found its costs normal and goals achieved


17/04/2019

The European Fund and Asset Management Association (EFAMA) has welcomed a vote by the European Parliament plenary to formally adopt the trilogue agreement on removing cross-border barriers to the distribution of investment funds


17/04/2019

Poland will restructure its pensions in a reform to fit a three-pillar system, Prime Minister Mateusz Morawiecki said at a press conference


17/04/2019

The European Parliament has voted to adopt an agreement to review and improve the functioning system of the European System of Financial Supervision (ESFS)


17/04/2019

A review of how national competent authorities (NCAs) comply with the Prudent Person Rule has resulted in 27 different recommendations, the European Insurance and Occupational Pensions Authority (EIOPA) has said


16/04/2019

A group of investors, including Dutch pension funds PME and PMT, is calling on global oil and gas companies to define targets for emission cuts in line with the Paris Agreement


16/04/2019

European funds must consider decumulation strategies that combine investment products and gradual annuitisation to make retirement an active investment phase, the Cross Border Benefits Alliance-Europe (CBBA-Europe) said in a reflection paper


16/04/2019

The pension funds JØP and DIP in Denmark have decided to exclude eight companies based on insufficient actions taken concerning their negative impact on the climate


16/04/2019

Asset manager Payden & Rygel has been chosen to manage two total return bond mandates totalling €250m by Italian Telemaco pension fund


15/04/2019

Irish employees at 71 per cent of companies want extended working lives, increasing the pressure to change contractual retirement age, a survey has found


15/04/2019

The Norwegian ministry of labour and social welfare has published a draft law on new pensions solutions for employees in the public sector, following agreement with to industry


15/04/19

Sixty-four per cent of European institutional investors are planning to dedicate more resources to environmental, social and governance (ESG) issues as a result of regulation, according to a survey by BNP Paribas


12/04/2019

Credit Suisse’s Schweizer Pensionskassen Index found that Swiss pension funds returned 5.49% in the first quarter of 2019, the highest return since the inception of the index


12/04/2019

The Netherlands’ Autoriteit Financiële Markten (AFM) is critical of freedom of choice in pensions as members do not always make the right choices, the watchdog said


12/04/2019

Swedish pension savers could see their pensions reduced by more than SEK 1m (€114,494) if a strong recession hits, a study by pensions provider Skandia has found


11/04/2019

Allocations to exchange-traded funds (ETFs) in Asian institutional portfolios increased significantly in 2018, growing to 23 per cent of total assets, up from 14 per cent in 2017, Greenwich Associates revealed


11/04/2019

Sweden’s First, Third and Fourth AP Fund (AP1, AP3 and AP4) have formed an infrastructure investment company which will focus on unlisted Swedish companies


11/04/2019

By 2025, 10 per cent of Danish pension provider PenSam’s portfolio will be invested in sustainable initiatives which contribute to a green transition


10/04/2019

Dutch pensions asset manager APG has together with Whitehelm Capital agreed to invest over $75m in the deployment of Smart-City ready digital infrastructure in the city of Fullerton, California


10/04/2019

European Commission wants EU member states to continue allowing citizens to export their pension benefits to the UK in the event of a no-deal Brexit


10/04/2019

The Norwegian government has presented its proposed changes to occupational pensions in the public sector to make longer working lives more attractive


09/04/2019

Institutional investors have invested £83m in Octopus’ Zenith III fund for European technology businesses in the growth stage


09/04/2019

Consumer protection and financial innovation have been key priorities in 2018, the Joint Committee of the European Supervisory Authorities (ESAs) said, publishing its annual report


09/04/2019

French reforms can drive growth, improve public finances and boost social cohesion, according to a report by the Organisation for Economic Co-operation and Development (OECD)


08/04/2019

The Norwegian government has appointed a committee to review the ethically motivated guidelines for observation and exclusion from the Government Pension Fund Global (GPFG), while allowing the fund to invest in unlisted renewable energy infrastructure


08/04/2019

Sweden’s government is moving to improve pensions and insurance savings through cutting costs when transferring individual pensions or insurance policies


08/04/2019

The European Commission’s Directorate-General for Financial Stability and Capital Markets (DG FISMA) has launched an infringement procedure against 17 EU member states for incorrect implementation of the IORP II Directive


08/04/2019

The trilogue negotiations on the Pan-European Personal Pension Product (PEPP) have "considerably improved" to accommodate member state needs, PensionsEurope said


05/04/2019

The European Insurance and Occupational Pensions Authority (EIOPA) welcomes the European Parliament’s adoption of the regulations introducing the Pan-European Pension Product (PEPP)


05/04/2019

Danica Pension, Danske Bank’s pension provider, is dropping investments in weapons export to Saudi Arabia, following an investigation by Danish newspaper Information


05/04/2019

Sweden's First AP Fund (AP1) voted at the annual general meetings (AGMs) of 32 Swedish and 570 foreign companies in 2018, its ownership report revealed


04/04/2019

The number of people who retire on an earnings-related disability pension has grown by 7 per cent since 2017 due to a growth in the number of granted pensions due to depression, according to the Finnish Centre for Pensions (ETK)


04/04/2019

The European Parliament has in a plenary session voted to approve the trilogue agreement on the Pan European Personal Pension Product (PEPP) regulation with standard features across the EU


04/04/2019

Irish pension managed funds have finished the first quarter of 2019 with a 10.5% growth, according to Rubicon Investment Consulting


03/04/2019

Two out of three Danish people want the same or higher standard of living in retirement than the life they have now, a survey by pension provider PFA showed


03/04/2019

The Swedish Pensions Agency is launching several tools and opportunities in the premium pension market to make it easier to choose sustainable options


03/04/2019

European and national competent authorities (NCAs) and financial institutions must conduct regular stress tests across all sectors in light of all current economic uncertainties, a report has urged


02/04/2019

The shortlist for the 2019 European Pensions Awards has been revealed


02/04/2019

Most of Denmark's pension companies have invested in companies supplying Saudi Arabia with military equipment, holding more than DKK 1bn in the weapon trade


02/04/2019

The European Insurance and Occupational Pensions Authority (EIOPA) has launched its biennial stress test to assess the resilience and potential vulnerabilities of the European occupational pension sector


02/04/2019

The global impact investing market is estimated to be worth $502bn, according to an analysis of the market size and composition by the Global Impact Investing Network (GIIN)


01/04/2019

The European Parliament has agreed its position on the European Commission’s (EC) proposal on the establishment of a framework to facilitate sustainable investment


01/04/2019

Financial services firm Smith & Williamson (S&W) has launched an operating vehicle for European investments and financial planning activities in Dublin, designed to protect clients in the event of a no-deal Brexit


01/04/2019

The Danish pension fund for academics and psychologists, MP Pension, has temporarily frozen all investments in Swedbank, following the reveal of the money laundering scandal


29/03/2019

APG, the asset manager for the Netherlands’ biggest pension fund ABP, has invested fresh capital in hotel chain CitizenM, as it looks to grow its now €2bn hotel portfolio


29/03/2019

The net sales of UCITS and AIFs saw a strong rebound in January 2019, recording net inflows of €28bn compared to net outflows of €11bn in December


28/03/2019

Almost all shareholders in Swedbank, including pensions and insurance providers AMF, Folksam and Alecta, vote against granting CEO Birgitte Bonnesen freedom from liability at the annual general meeting on Thursday


28/03/2019

The financial stability of the EU and its financial institutions could suffer if global markets reprice risk premiums, a confidential EU document by the European Systemic Risk Board (ESRB), seen by Reuters, showed


28/03/2019

The AP Funds' Ethics Council and the Church of England Pensions Board will represent the Principles for Responsible Investment (PRI) in a co-convened independent review of the standard of tailings storage facilities


28/03/2019

More than half of pensioners in Finland receive less than €1,500 each month, while almost 40 per cent have a monthly pension under €1,250, according to statistics from the Finnish Centre for Pensions (ETK) and Kela


27/03/2019

The government in Romania has decided to lower widely criticised tax on banks’ financial assets and postpone the enforcement of capital requirements for pension funds, according to a new draft emergency decree


27/03/2019

Imperial College’s Centre for Climate Finance and Investment has created a smart carbon portfolio model for institutional investors to assess and manage energy transition risks


27/03/2019

Swedish pension provider AMF’s confidence in Swedbank, which has been involved in the recent allegations of money laundering in the Baltics, has been “damaged”, according to its CEO


26/03/2019

The Irish opposition party Fianna Fáil has announced that it will “completely” oppose any government attempt to link welfare increases, such as pensions, to the consumer price index (CPI)


26/03/2019

The European Insurance and Occupational Pensions Authority (EIOPA) has published principles and guidance on the provision of clear pension information for members, as part of the implementation of the IORP II Directive.

Based on the analyses from its Report on Other Information to be provided to Prospective and Current Members: Guidance and Principles based on Current Practices, EIOPA, together with national supervisory authorities, have determined four principles which are important for consistent implementation of IORP II requirements


26/03/2019

Dutch pension fund, Pensioenfonds Detailhandel, has invested in developed markets via a new sustainable benchmark, launched in partnership with FTSE Russell and BlackRock


25/03/2019

Denmark’s FSA has initiated a study of all Danish pension companies’ market interest products to map the characteristics of the decumulation phase


25/03/2019

Pensions and insurance provider Storebrand is looking to re-enter the market for municipal pensions in Norway after withdrawing six years ago


25/03/2019

The Dutch Minister of Social Affairs and Employment, Wouter Koolmees, has outlined his concerns for the recently adapted motion to legally enforce the Uniform Pension Overview (UPO)


22/03/2019

Sweden’s Första AP-fonden (AP1) has approved 14 managers in a decision regarding the procurement of investment management services for equities in global emerging markets


22/03/2019

Standard Life International has been given final approval by an Edinburgh court for the transfer of almost €19bn in assets to Ireland, as it aims to avail EU passporting rights for 600,000 Irish, German and Austrian Standard Life customer policies post Brexit


22/03/2019

Swedish pension provider AMF has criticised the Forensic Risk Alliance report into Swedbank’s links to money laundering, saying it had ‘expected more’


21/03/2019

Members of Danish pension funds DIP and JØP will vote over a possible merger after years of negotiating the terms


21/03/2019

An OECD survey on taxation and public services has revealed that almost 40 per cent would be willing to pay an extra 2 per cent of their own income to receive better pensions and health care


21/03/2019

Increases worth €362m will be applied to pensions and weekly social welfare schemes in Ireland next week, bringing the total social welfare spend to €20.5bn


20/03/2019

Institutional investors are suing Danske Bank for $475m in damages for losses, following the money laundering scandal which has surrounded the bank the past months


20/03/2019

The Swedish Folksam Group, including KPA Pension, has invested $300m in a World Bank bond which aims to reduce food waste globally


20/03/2019

Norges Bank Investment Management (NBIM), manager of Norway’s Government Pension Fund Global, has published extended information on the return and risk of the fund, after returning -9.5 per cent on equities


19/03/2019

ABP, the Dutch government and education pension fund, has criticised the new Fair Pension Label (Eerlijk Pensioen Label, EPL) for presenting a one-sided image of sustainability policies in the industry


19/03/2019

Swedish pensions insurance provider AMF’s green 2018 numbers were influenced by its acquisition of land-based wind power company Stena Renewable and alternative assets


19/03/2019

The low birth rates in Finland will in the long run cause a “pronounced pressure” to raise the contribution rate after 2050, according to the Finnish Centre for Pensions (ETK)


18/03/2019

A consortium of investors, including APG Asset Management, Queensland Investment Corp (QIC) and Swiss Life, has acquired a 36 per cent stake in Brussels Airport Co from Australian bank Macquarie


18/03/2019

The European Association of Paritarian Institutions (AEIP) has announced its support for the European Commission’s proposal for an EU taxonomy and disclosures relating to sustainable finance, as long as long-term returns remain the main focus


18/03/2019

Norway’s Government Pension Fund Global, has decided to exclude Halcyon Agri Corp Ltd, producer of natural crumb rubber and latex, due to severe environmental damage


14/03/2019

Sampension, Arkitekternes Pensionskasse and Pensionskassen for Jordbrugsakademikere og Dyrlæger invests DKK 90m (€12m) in German sustainable bonds


14/03/2019

KPA Pension has decided to invests €38m in European and North American infrastructure to further diversify its portfolio


15/03/2019

Danish pension scheme MP Pension has decided to pull all investments in different tobacco companies after years of debate


14/03/2019

Nykredit has chosen to enter into negotiations with AP Pension to realise its plans for new headquarters in Nordhavn, Copenhagen


14/03/2019

Keva, which is responsible for the funding of local government pensions in Finland, ended 2018 with a -3 per cent return, while its investments dropped from €51.9bn to €50.1bn


14/03/2019

One third of Norwegians working in the private sector could end up receiving less than 50 per cent of salary in retirement, according to a union report.

The labour union EL og IT Forbundet’s report Etter pensjonsreformen – politiske veivalg (After the pension reform – political choices) found that a large group of private-sector workers without either contractual early retirement pensions (AFP) or occupational pensions risk ending up receiving significantly less in retirement if they retire at 67


13/03/2019

Earnings-related pension assets in Finland decreased to €193.4bn over the past year due to the weak developments in its equity investments, a recent investment analysis found


13/03/2019

The Lower House of Parliament in the Netherlands has adopted three motions as a result of the recent pension debate with the Minister of Social Affairs and Employment Wouter Koolmees


13/03/2019

Pension organisations should take advantage of people’s “natural thirst for security” instead of creating uncertainty and fear, as Dutch pensions have become “one great circus of uncertainty” according to a brain scientist


12/03/2019

Romania’s private pension funds ar,e according to its industry association, ready to invest in major infrastructure projects to offer the government a way to resolve a widely-criticised emergency decree


12/03/2019

Denmark’s pension companies ATP and PensionDanmark have chosen to not take part in a collective lawsuit by investors against Danske Bank


12/03/2019

New numbers from Swedish pension provider AMF showed that the number of occupational pensions withdrawn in a short period of time has reached a record high, an increase from already high numbers and a development which should be stopped


11/03/2019

Swedish women save as much as men percentage wise but lose SEK 400,000 (€37,793) over a 40-year working life due to pay gaps, according to insurance and pension group Folksam


11/03/2019

The pension for the poorest retirees in France should rise with inflation again, said the head of President Emmanuel Macron’s ruling party, responding to protests over high living costs


11/03/2019

Pension funds in Norway saw its value adjusted return drop almost eight percentage points over the past year, according to numbers from the Financial Supervisory Authority (FSA)


08/03/2019

Diversification is “not enough” on its own for a default DC pension investment strategy to provide a comfortable retirement for its members, according to State Street Global Advisors senior investment manager, Mehvish Ayub


08/03/2019

Pension funds should focus on changing the ethical behaviour of companies from within before choosing to divest, it has been suggested


08/03/2019

Over 23,000 people have taken advantage of the partial old-age pension option since the introduction in 2017, equalling one in ten of all those retiring in the period


08/03/2019

The Norwegian Government Pension Fund Global should divest from all companies involved in the exploration or production of oil and gas, the Ministry of Finance has proposed


07/03/2019

The German government is expecting state spending on social welfare stipends and pensions to rise in 2019, according to Reuters reporters in Berlin


07/03/2019

The European Parliament and EU member states have today reached a political agreement on disclosure requirements related to sustainable investments and sustainability risks


07/03/2019

Aviva Ireland has expressed its support for measures to increase pension coverage for full-time employees and automatic enrolment as it publishes its 2018 numbers


06/03/2019

Danish pension provider Danica Pension, which saw its returns for 2018 range between negative 9.8 per cent and positive 0.9 per cent, has “more than recovered” the collective loss, its CIO told TV2 News


06/03/2019

Swedes born in the 90s must save over twice as much as those born in the 60s if they want to retire on 80 per cent of final salary, according to research by pension company Skandia


06/03/2019

Managed pension funds in Ireland enjoyed positive returns in February, gaining 2.8% on average over the month, according to Rubicon Investment Consulting


05/03/2019

Danish pension provider PenSam’s investment strategy ensured positive returns in a difficult year, returning an interest rate between 2.4 and 3.5 per cent before taxes, it announced


05/03/2019

The German chemicals group Evonik has agreed to sell its Methacrylates business to Advent International for €3bn, which frees cash for pension reimbursement


05/03/2019

The Irish Association of Pension Funds (IAPF) expressed its concern as the government missed 19 of the 24 target deadlines for 2018 set out in its Roadmap for Pensions Reform


05/03/2019

Total demand from investors, including insurers and pension funds in Poland’s green bonds has amounted to €4.8bn


04/03/2019

MN, the asset manager for Stichting Pensioenfonds Metaal en Techniek (PMT), has sold a real estate portfolio consisting of more than 500 homes, a few commercial spaces and various parking facilities


04/03/2019

Occupational pension provider KLP has launched a fund with the official Nordic Swan Ecolabel, which will consist of at least 90 per cent environmental, social and governance (ESG) screened companies


04/03/2019

Swedish pension provider AMF has had all its applications to operate within Sweden’s restructured premium fund market approved by the Swedish Pension Agency


01/03/2019

PensionsEurope has welcomed the EU Parliament and EU Council’s provisional endorsement of the Pan-European Pension Product (PEPP) Regulation, saying it could bolster pension savings across the EU


01/03/2019

Norwegian Folketrygdfondet, which manages the Government Pension Fund Norway, avoided major losses in 2018 due to good positioning in the fixed income market, returning -0.4 per cent


01/03/2019

The Danish pension provider Samension and pension funds Arkitekternes Pensionskasse and Pensionskassen for Jordbrugsakademikere & Dyrlæger have joined the global investor initiative Climate Action 100+


28/02/2019

The Financial Conduct Authority (FCA) in the UK has published updated information for pensions and retirement firms for when the UK leaves the EU, urging companies to ensure they are making the necessary changes to protect customers from negative impacts


28/02/2019

Denmark’s academic pension fund PBU will over the coming years increase its active ownership responsibilities and focus on the social side of environmental, social and governance (ESG) investing


28/02/2019

The Irish pensions and investment firm Harvest Financial Services has been acquired by the UK’s St. James’s Place Wealth Management Group (SJP) in a deal to extend discretionary fund management to Ireland


27/02/2019

The Danish pension provider PensionDanmark returned -3.2% in 2018, a result it said is dominated by its significant commitment to move assets to alternative investments over the year


27/02/2019

The International Council on Mining and Metals (ICMM) has revealed plans to establish an international standard for tailing facilities as investors lose confidence in mining company Vale S.A


27/02/2019

The European Parliament and Council’s member states have reached a political agreement to extend the low-carbon benchmarks until the end of 2021, the existing transitional period for critical and third-country benchmarks


27/02/2019

The Norwegian Government Pension Fund Global returned negative 6.1 per cent over the past year, losing NOK 485bn (€49.9bn) due to a volatile market


26/02/2019

The European Fund and Asset Management Association (EFAMA) welcomes the European Parliament's Economic and Monetary Affairs (ECON) Committee’s approval of the trilogue agreement on the Pan-European Pension Product (PEPP)


26/02/2019

A no deal Brexit would be an “unforgiveable act of economic and social self-harm” and the UK should delay Brexit if that is the only alternative to a no deal, the Association of British Insurers is set to warn


26/02/2019

About 63 per cent of women in Ireland have admitted to having no pension provision and a further 55 per cent of these have not even considered setting one up, according to a survey by Aviva


26/02/2019

Romania’s government officials has continued to defend the December emergency decree, which received criticism as it raised capital requirement for pension fund managers and caused falling asset prices


25/02/2019

Crédit Agricole has reached a conditional agreement to acquire Kas Bank for €188m (£163m) in order to greater export its expertise in servicing institutional investors, including pension funds, across European markets serviced by Crédit Agricole


25/02/2019

Danish pension funds PFA, JØP and DIP meet in the High Court today over overruling tenancy laws and dodging the so-called offer obligation in a 2016 purchase of six properties


25/02/2019

The collapse of the price of cryptoassets makes it a more interesting time for institutional investors to invest in the class, as well as in the underlying blockchain technology, according to Cambridge Associates


25/02/2019

Dutch Pensioenfonds PGB has appointed Aberdeen Standard Investments (ASI) as partner to invest €500m of its assets in small and mid-sized enterprises across Europe through responsible strategies


25/02/2019

Investment fund assets held by European investors reached €11.7trn in 2017, of which pension funds and insurers held 41.7 per cent, according to a new report by the European Fund and Asset Management Association (EFAMA)


22/02/2019

A working group wants to merge the municipal and private sector pension systems in Finland, saying it would be “possible and appropriate”, according to the Ministry of Finance and the Ministry of Social Affairs and Health


22/02/2019

Most of the Swedish AP funds saw negative returns on their investments, while AP3 managed to keep its numbers green at the end of 2018


22/02/2019

Ireland and the UK have reached an agreement guaranteeing the continued payment of state pensions, child benefit and other social welfare payments if the UK leaves the EU without a deal


21/02/2019

Swedish pension provider AMF has called for an independent investigation into Nordic-Baltic bank Swedbank, which has been linked to the money laundering scandal surrounding Danske Bank and its Estonian branch


21/02/2019

Signatories of the Principles for Responsible Investment (PRI) must adopt the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) in 2020 as the organisations makes its strategy and governance indicators mandatory


21/02/2019

According to an international survey on retirement savings by ING, 61 per cent in Europe worry about having enough money in retirement, while 54 per cent expect they’ll need to keep earning once retired


20/02/2019

The registration is now open for the inaugural European Pensions Conference, which comes from the team behind European Pensions and Pensions Age


20/02/2019

A consortium of European pension stakeholders has decided to move forward with developing the pilot of a European Tracking Service on Pensions (ETS), making it possible for mobile workers to find pension pots from different EU member states


20/02/2019

Institutional investors have nearly doubled their exposure to renewable infrastructure investments over the past two years, from 2 per cent to 3.6 per cent, and believe the biggest allocation increases will be made to offshore wind, solar thermal and onshore wind, according to a new study


20/02/2019

The European Fund and Asset Management Association (EFAMA) welcomes European Securities and Markets Authority’s (ESMA) consultation on integrating sustainability risks and factors in the UCITS Directive, AIFMD and MiFID II, as long as measures are consistent


19/02/2019

The new state budget in Ireland for 2019 will unlock up to €2bn for pensions, bringing the full contributory state pension to €12,911.60 per annum


19/02/2019

New legislations in Denmark will offer cash incentives to get workers to stay in employment for an extra year after the statutory retirement age in order to close the savings gap


19/02/2019

The Danish pension fund MP Pension has adopted new policies on investments in companies operating in either armed conflicts or in conflict-affected areas and excludes three companies as a result


18/02/2019

Danish pension provider PenSam will now investigate whether the companies it invests in pay the right amount of tax as part of its responsible investment policies, saying aggressive tax planning or direct tax evasion is not acceptable


18/02/2019

Up to 500 community employment scheme supervisors in Ireland are expected to go on strike over lack of access to an employer-sponsored occupational pension scheme, according to The Irish Times


18/02/2019

Institutional investors in the Netherlands have suffered the biggest loss ever as €56bn assets went up in smoke, according to numbers from De Nederlansche Bank (DNB)


15/02/19

The UK's Pensions Minister, Guy Opperman, has reiterated the government’s commitment to the triple lock and reducing the level of poverty amongst pensioners


15/02/2019

The Dutch pension fund for government and education ABP has signed a statement with major investors in support of the Bangladesh Accord, which works to improve the working conditions in clothing factories


15/02/2019

Almost half (49%) of institutional investors expect to increase their exposure to assets supporting and participating in energy transition by 2021, a new study has revealed


15/02/2019

Danish pension provider ATP, who recently announced its sale of UK pension fund Now Pensions, said the eight-year investment has led to unsatisfactory returns and losses for its members.

Now Pensions, which has 1.7 million members, was sold to Anglo-Dutch Cardano Group following years of deficits, losing €18.9m in 2016 and €16m in 2017


14/02/2019

Norwegian public public-sector occupational pension fund KLP returned -1.5 per cent in 2018 but paid its members NOK 5.7 billion over the year and will transfer NOK 2.9bn into the premium fund to boost reserves


14/02/2019

The Danish SDG Investment Fund, which invests venture capital for sustainable projects on behalf of several of Denmark’s biggest pension funds, has invested in building sustainable solar power plants in Ukraine


14/02/2019

The European Parliament and EU member states have reached a political agreement on the proposal for a Pan-European personal Pension Product (PEPP), but with limited portability, according to the European Commission


14/02/2019

Dutch Cardano Group has agreed to acquire 100 per cent of the UK workplace pension provider Now Pensions from the Danish pension fund Arbejdsmarkedets Tillægspension (ATP)


13/02/2019

Swedish government fund Andra AP-Fonden (AP2)’s assets under management totalled SEK 334.8bn (€23,1bn) at the end of 2018, -1.3 per cent, due to the downturn in its equity portfolio


13/02/2019

Flights to and from Belgian airports have been cancelled on Wednesday due to a national strike, which calls for better pensions, wage increases and an improved work-life balance


13/02/2019

PensionsEurope has published its annual report Pension Funds Statistics and Trends 2018 which argues that legislative capital requirements or accounting rules may drive pension funds away from equities in favour of other investments


12/02/2019

Investors across Europe are at risk of ignoring their role as responsible stewards as only 3 per cent believe their organisation already meets the requirements of the Shareholder Rights Directive II, new research from Hermes Investment Management has revealed


12/02/2019

The new European Union directive on stewardship and long-term sustainability of companies is a shareholder obligation, according to Head of Hermes EOS Hans-Christoph Hirt


12/02/19

Denmark’s labour market pension fund, Pensam, has selected SimCorp as its alternatives manager


11/02/2019

Denmark’s pension provider AP Pension has developed a climate report in line with the Task force on Climate-related Financial Disclosures (TCFD) recommendations as the first commercial pension company in Denmark


11/02/2019

Defined contribution assets have grown to exceed defined benefit assets for the first time in the seven largest pension markets, according to a Willis Towers Watson (WTW) study


11/02/19

Forty-two per cent of institutional investors that already invest in renewable energy are set to increase their allocation to the asset class by 10 per cent over the next five years, according to a report by Octopus Group


11/02/2019

The average retirement age in Finland is rising and people are taking out earnings-related pensions one month later in 2018 compared to 2017, according to the Finnish Centre for Pensions (ETK)


08/02/2019

The Swedish association for occupational pensions Tjänestepensionsforbundet says the transition period for funds to implement the new IORP II regulations is “unreasonably short” and should be extended


08/02/2019

Norges Bank is shutting down the Government Pension Fund Global’s real estate management department as it changes its investment strategy for real estate


08/02/2019

Denmark’s pension provider ATP has increased its investment in Danske Bank in order to be an active owner of the bank surrounded by scandal


07/02/2019

The Danish pension scheme LD Pensions, which saw its first negative returns since the financial crisis in 2018, has had strong growth across all portfolios over the first month of the new year


07/02/2019

Dutch pension asset manager APG is launching an online platform to provide long-term loans from institutional investors to housing associations without bank interference


07/02/2019

The Dutch government plans on rejecting the European Commission’s negotiation proposal on the Pan-European Pension Product (PEPP) as it disagrees with several elements, according to the Minister of Finance


07/02/2019

Norges Bank Investment Manager (NBIM), which manages the €891.1bn Government Pension Fund Global, discussed its expectations for environmental, social and governance (ESG) policies at almost 1500 company meetings in 2018


06/02/2019

The European Parliament and European Union (EU) member states have reached a political agreement for simpler rules for over-the-counter (OTC) derivatives, which will reduce costs and regulatory burden


06/02/2019

JP Morgan has acquired a minority stake in fintech and workplace pensions provider Smart Pension, which it said is a “strategic investment” as the provider takes its technology global


06/02/2019

UK's asset management firm Royal London has received approval to transfer more than £1bn worth of assets to Ireland as it ramps up its Brexit contingency planning


06/02/2019

Netherlands’ Minister of Social Affairs and Employment Wouter Koolmees has been heavily criticised for moving forward with pension reforms, despite not reaching an agreement with the country’s trade unions


06/02/2019

Irish managed pension funds enjoyed a strong start to the new year with returning an average of 5.5% over January, according to Rubicon Investment Consulting


05/02/2019

Swedish scheme KPA Pension aims to create concrete improvements to close the gap between the genders in pensions created by lower wages for women


05/02/2019

Danish pension and insurance provider Danica Pension saw its profit fall 35 per cent in 2018 following the acquisition of SEB Pension Danmark and the sale of Danica Sweden


05/02/2019

The Irish Association of Pension Funds (IAPF) wants pension funds with 100 members or less to be exempt from the IORP II Directive requirements until consolidation options are in place


04/02/2019

Key speakers for the inaugural European Pensions Conference, which comes from the team behind European Pensions and Pensions Age, have now been announced


04/02/2019

The French Fonds de Réserve pour les Retraites (FRR) has launched a restricted tender procedure, looking for managers trading in Japan with a focus on active responsible management


04/02/2019

Slovenian Prime Minister Marjan Sarec is in talks to secure support for its 2019 budget and planned pension reform but without it, his coalition government is at risk of falling, according to Reuters


04/02/2019

Oil and gas giant BP has committed to formulating long-term climate ambitions following pressure from Dutch funds ABP, SPW, bpfBOUW and the investor group Climate Action 100+


01/02/2019

Signatories to the Principles for Responsible Investment (PRI) reached 2,232 in 2018, a 21 per cent increase on the previous year


01/02/2019

The Danish pension provider PFA has invested DKK 200m (€27m) in building 144 rental homes in Viborg, as part of an offensive real estate investment strategy


01/02/2019

The Pan-European Pension Product (PEPP) is a priority for 2019 and creates opportunities for the asset management industry, the Association of the Luxembourg Fund Industry (ALFI) has said


01/02/2019

Several of the industry’s biggest pension funds have issued a joint call for a global independent public classification system to monitor the safety risk of mining companies' tailing dams after Vale’s dam in Brumadinho, Brazil collapsed


31/01/2019

KPA Pension and parent company Folksam has invested in a Nordic-Baltic “blue” bond protecting water resources and a Swedish green bond for sustainable housing


31/01/2019

KLP has blacklisted shipping company Nordic American Tankers (NAT) after it has continued with ‘beaching’ ships in Bangladesh after promising in dialogues to change


31/01/2019

The Danish employment minister wants to increase scrutiny of Europe’s fourth largest pension provider, ATP, following questionable investments and tax policy criticism


30/01/2019

Danish pension fund MP Pension has placed the Brazilian mining giant Vale in quarantine following the dam burst in Brumadinho last week, which killed over 80 people and left hundreds more missing, presumed dead


30/01/2019

"Unreasonable" new capital requirements could be devastating for the Romanian pension system and defined contribution plans, PensionsEurope and the Romanian Pension Funds' Association (APAPR) have warned


30/01/2019

Dutch pension funds’ financial position has deteriorated in the fourth quarter of 2018, meaning six out of ten pension savers could face reductions, data submitted to De Nederlansche Bank (DNB) showed


29/01/2019

The UK government has confirmed that is expects the UK’s share of the European Union’s (EU) pension liabilities to total €9.75bn (£8.5bn), as estimated by The Office for Budget Responsibility


29/01/2019

Dutch government pension fund ABP has launched an energy transition fund in order to meet the financial goal for an energy transition in the Netherlands


29/01/2019

The Council on Ethics of the Swedish AP funds has lost confidence in the mining company Vale and is looking to pull away from an investment of billions of SEK following the dam disaster in Brazil, Swedish newspaper Dagens Nyheter wrote


29/01/2019

An inspection of Denmark’s eight largest pension funds shows inadequate management of infrastructure investments, the Danish Financial Supervisory Authority (FSA) said


28/01/19

The UK's Investment Association (IA) has announced the launch of the first industry-wide consultation on sustainability and responsible investment


28/01/19

Romania’s private pension assets, the second pillar of the country’s pension system, reached 46.7bn lei at the end of 2018, according to Economica.net


28/01/19

France’s Finance Minister, Bruno Le Maire, has said the government is going to be “extremely vigilant” with regards to the severance pay and pension that will be given to ex-Renault CEO and chairman, Carlos Ghosn


28/01/19

The number of Finnish disability pension applications in the earnings-related pension system increased to 23,500 in 2018, according to the Finnish Centre for Pensions


25/01/19

The European Insurance and Occupational Pensions Authority has called for more ongoing assessment of the propriety of administrative, management or supervisory body (AMSB) members and qualifying shareholders by national competent authorities (NCAs)


25/01/1

The British government's Treasury Committee has today launched a new inquiry into the future of the UK’s financial services once it has departed from the European Union (EU)


25/01/19

Italy has put in place measures to allow British pension funds to continue operating in the event of a no-deal Brexit, Reuters has reported


24/01/2019

The Dutch trade unions FNV, CNV and VCP are mobilising companies and sectors for a national action day for a better pension agreement


24/01/2019

Employees of pharmaceutical giant Pfizer in Ireland have rejected a Labour Court recommendation regarding their pension scheme and are opting to initiate a ballot over potential industrial action instead, according to Pharmafile


24/01/2019

The Irish Association of Pension Funds (IAPF) says the IORP II Directive, protection for defined benefit schemes and auto enrolment are things employers should keep an eye on in 2019


24/01/2019

The Norwegian Government Pension Fund Global has extended its partnership with Prologis by acquiring six logistics properties in the US, according to Norges Bank Investment Management


23/01/2019

Pensions is the biggest public expense in OECD countries, with Greece spending the most, new data on social spending in 2018 has revealed


23/01/2019

A report from De Nederlansche Bank (DNB) has revealed that the Dutch financial sector is exposed to environmental and social challenges, in addition to climate-related risks


23/01/19

The French public sector additional pension scheme, ERAFP, has awarded three new socially responsible investment (SRI) management mandates for emerging country corporate bonds


23/01/2019

UCITS and AIFs registered net outflows of €38bn in November last year following a turnaround in money market fund sales, according to the European Fund and Asset Management Association (EFAMA)


22/01/2019

Equities have provided positive returns for Danish pension scheme LD Pensions so far in 2019 after several months of negative numbers, the fund said


22/01/2019

New French pension reforms will introduce “major coefficients” to encourage people to leave the work force after age 62, according to Les Echos.


22/01/2019

The Dutch pension schemes PME and PMT have invested €150m in a technology fund focusing on funding technology start-ups in the Netherlands


21/01/2019

The Danish pension fund Industriens Pension has invested over DKK 500m (€67m) in building 190 flats for rental in Aarhus


21/12/18

German and British citizens have clashed over the future of the state pension in their respective countries, research by the University of Kent has revealed


21/01/2019

The Dutch National Civil Pension Fund ABP has invested €500m in sustainable mortgages from Vista Hypotheken to increase the sustainability of its mortgage portfolio


18/01/2019

The Italian government has approved reforms to overhaul the country’s welfare state, changing the pension system following the election pledges of the 5-Star Movement and the right-wing League, Reuters said


18/01/2019

Unionised labourers and workers in the food industry have grown their pension assets over the past years, with workers in their 50s on average have accrued more than DKK 1m according to Industriens Pension


18/01/2019

Sweden’s national pension funds AP1, AP2, AP3 and AP4 are improving their commitment to responsible investment and ownership following a change to the AP fund Act on 1 January 2019


17/01/2019

The Danish pension fund PFA has decided to build housing for students with sea views in Aalborg, following an extensive 2017 decision to invest in student accommodation, the fund said


17/01/2019

JØP and DIP returned negative 1.6 per cent in 2018 and were saved by its real estate investments, the Danish pension funds said in a statement


17/01/2019

Norges Bank has decided to exclude two companies from future investments due to unacceptable risk of human rights violations and product-based coal criterion


16/01/2019

Pension provider PensionDanmark has entered into a turnkey contract with entrepreneur KPC to build two sustainable apartment blocks on Islands Brygge in Copenhagen


16/01/2019

Danish pension provider Velliv and insurer Codan have entered a strategic partnership to strengthen both businesses’ future distribution of pensions and insurance services


16/01/2019

The Fourth Swedish National Pension Fund (AP4) is increasing its sustainability ambitions through divesting from nuclear weapons and oil sands


15/01/2019

The sale of Radius, a subsidiary of the state-owned power company Ørsted, which was limited to pension funds and utility companies, no longer has political support in the Danish government


15/01/2019

Environmental, social and governance (ESG) performance has been positive since 2014, following a mobilisation of investors which has had an impact on supply and demand, according to new research by Amundi


15/01/2019

Dutch pension fund PGGM has teamed up with Shell to explore a potential joint acquisition of the sustainable energy provider, Eneco, in a controlled auction


14/01/2019

German civil servants have better pension entitlement and will be cared for better than most employees, with most receiving double the number of their demographic counterparts, a study by the Ministry of Labour and Pension Insurance has found


14/01/19

The Spanish government has proposed to increase spending on pensions by 6 per cent as part of its 2019 budget proposal, it has revealed


14/01/2019

Danish pension provider Sampension’s customers saw red numbers after a year that was ruled by negative equity returns and market uncertainty


11/01/2019

One in four Swedes considers returning to the work force in some form after leaving the labour market, according to a survey by Swedish pension provider AMF


11/01/2019

The European Insurance and Occupational Pensions Authority (EIOPA) has published a report on the costs and performance of pension and insurance products, following a request from the European Commission to the European Supervisory Authorities (ESAs)


11/01/2019

Danish pension scheme MP Pension struggled in the past year, returning -1.9 per cent over the year due to the unrest across the global market


10/01/2019

Danish pension scheme Industriens Pension saw its worst year for equity returns since the financial crisis in 2018, it announced


10/01/2019

The Stichting Pensioenfonds DSM Nederland (PDN) bought stocks in Apple just before the tech giant wrapped up its worst calendar year since the financial crisis, according to Barron’s


10/01/2019

Working past the retirement age could slow down or even reverse the demographic labour shortage Germany is facing, according to a study


10/01/2019

Unemployed men and the self-employed in Finland are more likely to take out early pensions than wage earners, according to a study by the Finnish Centre for Pensions (ETK)


09/01/2019

At least 240 funds will disappear from the Swedish Pension Agency’s fund market this year following stricter requirements for companies looking to keep their funds within the premium pension space


09/01/2019

The accused fraudulent Swedish businessman involved in the Falcon Funds scandal has been caught in Hungary after being on the run since November, according to Swedish paper Expressen


09/01/2019

The Dutch pensions industry needs to work together to create conditions that will gain broad support in society in order to fix the pension problems the Netherlands is facing, according to the Dutch pensions federation Pensioenfederatie


09/01/2019

Irish managed pension funds have had the worst year since 2008 with all funds delivering negative returns, losing 5.2% on average, Rubicon Investment Consulting said


08/01/2019

Pension funds must review their existing agreements with asset managers in order to provide long-term sustainable investments, according to a Dutch research paper


08/01/2019

The board of both of Shell’s pension funds have signed the International Responsible Business Conduct (IRBC) agreement, promising to contribute to solve problems relating to human rights violations or environmental damage


08/01/2019

Over half of Norway’s population aged between 45 and 60 have no idea how much they will receive in retirement and are in addition not saving for old age, according to Norwegian publication E24


07/01/2019

Pension saving schemes in Belgium were heavily affected by the poor stock exchange performance in 2018 and returned red numbers, according to newspaper De Standaard


07/01/2019

The public are "pessimistic" about the future of state pensions, with all age groups anticipating a low state pension and an increase in the state pension age by the time they hit retirement, Canada Life has revealed


07/01/2019

The new Dutch Value Transfer Small Pension Act which has come into effect this January cancels hundreds of thousands of pensions worth less than €2 in the Netherlands


07/01/2019

The Government Pension Fund Global, Norway’s sovereign wealth fund, should divest from fossil fuels and move to unlisted renewable investments, a climate report said


04/01/2019

Differences in administration fees in the Danish pension market could cost customers with high costs up to one third of their pensions, Danish scheme ATP found


04/01/2019

Danish pension schemes JØP and DIP have acquired two office properties north of Aarhus in one of the biggest trades of commercial real estate made by pension funds in Denmark


03/01/2019

The Irish Association of Pension Funds (IAPF) is raising the pension savings benchmark (PQS) by adding the new category Merit Plus, it announced


03/12/2018

Dutch hydraulic engineering Sector wide Pensioenfonds Waterbouw has selected BMO Global Asset Management (BMO GAM) as a partner for fixed income, the manager announced


03/01/2019

French president Emmanuel Macron has pledged more reforms in 2019, despite protests and falling approval rates, according to Reuters.


03/01/2019

Danish pension scheme AP Pension has finalised its deal with Swedish pensions and insurance provider Skandia to acquire its Danish branch


02/01/2019

The Danish pension scheme Industriens Pension’s administration costs came to DKK 22 (€2.94) per month per member after using refunded VAT from the federal tax agency SKAT


02/1/2019

The global economy and stock markets has led to a negative 2018 for Danish LD Pensions at the end of 2018, with the fund returning -2.5% on its large pool


02/1/2019

About 25 per cent of pensions in defined contribution funds are invested too carefully, a customer survey by Norwegian pensions and insurance provider Storebrand shows


21/12/18

The number of working retirees in Finland continues to grow, the Finnish Centre for Pensions has said


19/12/18

Federation of Unions, Educational Federation, Delta and Private Barnehager Landsforbund (PBL) have agreed on a new pension plan for PBL private nursery employees


19/12/18

Romanians will be able to take their money out of private pension funds for a reduced withdrawal fee, a draft bill by the Ministry of Finance has said


19/12/18

The British government has released guidance confirming that UK nationals living in the European Union (EU) will still receive their state pension in a no deal Brexit scenario


18/12/18

The complaint registered by Panhellenic Association of Pensioners of the OTE Group Telecommunications (PAP-OTE), against Greece on 30 April 2018, has been declared admissible by the European Committee of Social Rights


18/12/18

Automatic enrolment opt-out levels in the United Kingdom have “remained consistent” following the first planned contribution rise in April 2018, a new report has revealed


18/12/18

Norges Bank Real Estate Management, on behalf of the Norwegian Government Pension Fund Global, has signed an agreement to acquire a 100 per cent interest in a Champs- Elysées property


17/12/2018

Dutch multi-sector fund Pensioenfonds PGB has chosen BMO Global Asset Management for a dynamic equity protection mandate to hedge tail risk and add flexibility


17/12/2018

PensionDanmark has acquired an existing office property in Herning, Denmark, which has been DGNB Sustainability Certified in the Silver category after an extensive renovation


17/12/2018

Danish scheme MP Pension has decided to exclude 14 countries from further investments, a decision made based on systematic violation of human rights


14/12/2018

The Dutch minister of Social affairs and employment wants to allow for pensions to be shared in divorce to improve the position of women, de Volkskrant


14/12/18

A number of strikes are taking place across Belgium today linked to reforms planned for the country’s pension system amongst unrest with the purchasing power of citizens


14/12/2018

Swedish pension fund AMF tops the table for risk adjusted returns in Sweden, new figures from the Swedish National Audit Office show


14/12/2018

Danish funds Velliv, Lægernes Pension and Pædagogernes Pension (PBU) have won a bid to fund the construction of the new high court building in Copenhagen


13/12/2018

The Eerste Kamer der Staten General has accepted amendments to the Pensions Act which will change areas such as automatic transfer values, employee participation and premium payments


13/12/2018

Swedish pension fund AP7 has blacklisted Peabody Energy for violating the terms of the Paris Agreement, the scheme said


13/12/18

Norges Bank Real Estate Management, on behalf of the Norwegian Government Pension Fund Global, has disposed of an office property in New York that it owned in partnership with TH Real Estate


13/12/2018

Danish funds PenSam and PKA are partnering up to make direct investments in infrastructure, with PenSam expecting to invest up to DKK 3bn in the first three years


13/12/2018

PensionsEurope welcomes regular fitness checks on supervisory reporting requirements by the European Commission and has called for aligned reporting standards


12/12/2018

A new amendment by the Dutch parliament to limit the use of external fiduciary management is unnecessary, the minister for social affairs and employment Wouter Koolmees said


12/12/2018

Danish pension fund PBU has put pressure on the shipping industry to ensure scrapping of ships is done in a safer way for people and the environment


12/12/2018

Responses to the consultation on Irish pensions reform show mixed feedback on the tax relief system, which makes public-sector pensions worth 80 per cent more than private, according to Irish Times


12/12/18

The Greek parliament has voted to scrap planned cuts to pensions that were due to come into effect in January 2019


11/12/2018

French President Emmanuel Macron has decided to cancel the planned tax increase for low-income pensioners and promised to increase the minimum wage, according to BBC News


11/12/2018

The Investor Agenda, which addresses ‘ambition gap’ in climate change, has reached a record 415 signatories ahead of COP24


11/12/18

A hard Brexit scenario could result in a £219bn increase in the aggregate buyout deficit of UK pension funds, according to Cardano


11/12/2018

The Association of the Luxembourg Fund Industry (Alfi) said the European Supervisory Authority’s (ESA) partial review of PRIIPs KID rules could have consequences for existing rules


11/12/2018

Danish pension fund manager, Sampension, has made a joint investment of DKK 1.9bn in Swedish Danica Pension


10/12/2018

Dutch financial institutions are no longer allowed to invest in companies which produce, sell or distribute cluster munitions or important parts for it, Pensioenfederatie announced


10/12/2018

Dutch pension fund manager APG has introduced the Brooklyn Pledge to Accelerate Change, addressing human rights within the supply chain of the apparel sector


10/12/18

French pension fund Fonds de Réserve pour les Retraites (FRR) has signed a global initiative to ensure a transition to a low-carbon economy


07/12/2018

Shipping giant A.P. Møller Mærsk has announced plans to cut net carbon emissions to zero by 2050 after talks with Danish fund MP Pension and other Climate Action 100+ investors


07/12/2018

Creating tax neutrality between saving and consuming income could motivate people to save more for retirement, an OECD report suggests


07/12/18

A fraudulent Swedish businessman, involved with Maltese-owned pension fund, Falcon Funds, which was only available to private pension savers in Sweden, has gone on the run from London


06/12/18

The Brexit Secretary, Stephen Barclay, has pledged to keep increasing the state pensions of UK nationals living in the European Union, even in the event of a ‘no deal’ scenario, but only if the EU reciprocates


06/12/2018

Member of the Dutch Parliament, Paul Smeulders, has submitted an initiative law to extend funds’ deadline to achieve the mandatory funding level and prevent short-term reductions to pensions


06/12/2018

Irish managed pension fund saw a slight growth in returns with an average gain of 0.8% in November, according to Rubicon Investment Consulting


05/12/2018

There is no doubt that a pension reform within Italy, as well as other key government pledges such as basic income is still going to be delivered on, Deputy Premier and Labour and Industry Minister Luigi di Maio said, according to ANSA


05/12/2018

There is a need for conducting CO2 stress tests on financial institutions to further embed climate risks in supervision, the Dutch Minister of Finance said in a letter to the House of Representatives


05/12/2018

Norwegian pension fund, KLP, has decided to exclude four companies to cut revenue from coal or coal-based activities and revoke its exclusion of two others


03/12/2018

The German Bundestag has approved the IORP II Directive, activities and supervision of institutions for occupational pensions, without changes


03/12/2018

Governments should engage with the subject of ageing to make the most of longevity benefits, the ILC Future of Ageing conference heard


04/12/2018

Pension funds are not implementing the UN’s sustainable development goals (SDGs) because of a lack of capacity and knowledge, the Dutch Association of Investors for Sustainable Development (VBDO) has found


04/12/18

Defined contribution fund charges appear competitive in the Netherlands and Sweden but are still lower in the UK when administration costs are added, a study from the Pensions Policy Institute (PPI) has found


03/12/2018

Retirement outcomes have improved through combining funded and pay-as-you-go pensions, automatic mechanisms and a strong safety net for pensioners, but the belief in systems and their ability to deliver is eroding, global policy forum OECD has found


03/12/2018

Young women in Finland have the lowest earnings, leading to lower pensions, according to statistics from the Finnish Centre for Pensions (ETK)


03/12/2018

The Netherlands' Pensioenfonds Metaal & Techniek (PMT) has drawn up a new equity portfolio for developed countries based on ESG criteria, and revealed that it will no longer invest in tobacco, fur, weapons or porn industry sectors


03/12/18

The UK's Prime Minister, Theresa May, has reaffirmed her support for the delivery and launch of the country's pensions dashboard


03/12/2018

Following close dialogue with pension fund manager APG, Shell announced today that it will, in the foreseeable future, set targets to reduce its net carbon footprint in the long term


03/12/2018

A survey on European pension plans shows an increase in innovation as fears of another economic shock and fading trust in European political institutions such as the EU is growing


30/11/2018

Swedish AP7 has announced its intention to award six to 10 mandates for asset management, accepting tenders until late December


30/11/2018

Pensioenfonds Metaal & Techniek (PMT) has reduced its CO2 emission intensity by almost a quarter over the past three years, the Dutch scheme announced


30/11/2018

Danish pension provider PenSam has sent a letter to its partners to disassociate itself from the income tax scandal that saw Europe’s taxpayers swindled by €55bn


30/11/18

The number of disability pension applications rejected in Finland has increased to 28 per cent over the last decade, according to the Finnish Centre for Pensions


29/11/2018

The twelfth annual European Pensions Awards are now accepting entries until 22 February for pension funds and providers across Europe who feel they have excelled in the past year


29/11/2018

Swedes benefitted from stock market development, Danish ATP ranks first in the 10-year review period and exchange rates are favourable for Norway, a comparison by the Finnish Centre for Pensions (ETK) found


29/11/2018

The Irish government is waiting until the eleventh hour to draft IORP II pensions legislations still unseen by trustees six weeks before the implementation date, according to the Irish Association of Pension Funds (IAPF)


28/11/2018

Norges Bank has decided to revoke the exclusions of companies Cairn Energy Plc and Kosmos Energy Ltd from the Government Pension Fund Global, going back on its 2016 decision


28/11/2018

The European Commission supports a launch of a cross-border tracking system for occupational pensions, pensions team leader at the Directorate General - Employment Social Affairs and Inclusion, Valdis Zagorskis, said at the CBBA-Europe annual conference


28/11/2018

The changing labour market is dependent on cross-border funds and new decumulation design, such as inflation indexed annuities to protect members, panellists said at the CBBA-Europe annual conference


27/11/2018

European member states should become more socially integrated in order to fight populism, according to a panel debate at the CBBA-Europe annual conference in Brussels


27/11/2018

We have to protect the reputation of the PEPP to build trust, the Transparency Task Force said at the CBBA-Europe annual conference


27/11/18

PensionsEurope, the body that represents national associations of pension funds, has welcomed the EU’s initiatives in sustainable finance that include establishing a unified EU classification system of sustainable economic activities and regulation on disclosure of sustainable investments and sustainability risks for pension funds


27/11/18

Two executives employed by a subsidiary company received €1.2m in benefits from the University of Limerick’s state-funded DB pension scheme, according to a report by the Comptroller and Auditor General (C&AG)


23/11/2018

The Finnish Ministry of Social Affairs and Health has set the life expectancy coefficient for 2019, confirming a reduction of 4.278 per cent, the Finnish Centre for Pensions (ETK) said


23/11/2018

The winners of the seventh annual Irish Pensions Awards were announced last night at the highly anticipated annual gala dinner in the ballroom of the stunning 5 star Shelbourne Hotel in Dublin


22/11/2018

Norges Bank Real Estate Management has signed an agreement to acquire a €415.5m property located in central Paris, it announced


22/11/2018

The Institutional Investors Group on Climate Change (IIGCC) has published a guide with steps to close the knowledge gap and help investors undertake scenario analysis


21/11/2018

The European Insurance and Occupational Pensions Authority (EIOPA) chairman Gabriel Bernadino is confident that an agreement on Pan-European Personal Pension Product (PEPP) will be found before the end of the current European Parliament mandate


21/11/2018

The IORP II Directive’s disputed delegated acts is more about fine-tuning and will not have a disruptive effect on the regulatory framework, European Insurance and Occupational Pensions Authority (EIOPA) chairman Gabriel Bernardino said


21/11/2018

Discussing the relationship between sustainable finance in the pensions and insurance space at the European Insurance and Occupational Pensions Authority (EIOPA) annual conference, European Commission chairman said most of the industry understands sustainable finance but does not invest enough to combat issues


21/11/18

EIOPA chairman Gabriel Bernardino has announced that Solvency II will be reviewed to "secure its future", allowing the directive to adapt to market conditions


20/11/2018

Dutch pension scheme Stichting Pensioenfonds PostNL has chosen Kempen Capital Management as its fiduciary manager and will receive advice on its total invested assets, Kempen announced


19/11/2018

The involved parties developing international covenants are working hard to get a green light in December, Netherland’s trade minister said in a letter to the government


19/11/2018

Sampension has signed a statement urging governments to respect the Paris Agreement, sent to world leaders prior to the G20 Summit in Argentina and COP24 in Poland


19/11/2018

Responsible investing is not a ‘quick fix’, pension fund manager APG said at a conference for sustainable investment and financing policy in the Netherlands


16/11/2018

Danish pension scheme LD Fonde sold off equities to protect itself from the volatile market, but still returned negative on most of its portfolios, it said


16/11/2018

EFAMA urges the European Supervisory Authority (ESA) to extend UCTIS exemption by two years to support the proposed amendments and PRIIPs KID flaws


16/11/2018

Pension funds must look at the representation on their boards, pensions and labour, associations have said, calling for more diversity in management roles in the industry


15/11/2018

French employer federation Medef has not asked for a raised retirement age in the pension reform currently being planned in France, Les Echos reports


15/11/2018

Danish fund MP Pension has decided to lift the quarantine Danske Bank was placed under following the bank’s commitment to replace its board of directors.


14/11/2018

The biggest risks posed to institutional investors are the economic growth dynamics and US trade policy, according to NN Investment Partners’ risk survey on 100 institutional investors


14/11/2018

Workers in Germany need the most savings in the world to maintain their current lifestyle in retirement and must set aside 21 per cent of their household income, according to Fidelity’s global retirement saving guidelines


14/11/2018

The pension fund ABP’s manager, APG, will incorporate the Corporate Human Rights Benchmark (CHRB), which scores companies’ performance on human rights, in its investment decisions


13/11/2018

The European Insurance and Occupational Pensions Authority (EIOPA) has published its report on the Implementation of IORP II in relation to the pension benefits statement (PBS).


13/11/2018

BNP Paribas is planning on undertaking an enhanced transfer value (ETV) exercise for its defined benefit pension schemes, it has revealed


13/11/2018

Pension funds across Europe are redesigning their investment management operating models to tackle the impact of the industry’s gradual shift from DB to DC pension plans


13/11/2018

APG, which manages the assets of ABP and a series of other Dutch pension funds, has invested €250m in a Smart City infrastructure vehicle set up to pool pension fund investments


13/11/2018

Swedish fund AP4 has joined forces with the United Nation-led initiative Tobacco-Free Finance Pledge to highlight institutions and investors who have committed to divesting from tobacco


12/11/2018

The pensions industry should pursue a balance between economic and social objectives to achieve adequate and sustainable pensions, participants at the AEIP 2018 annual conference debated


12/11/2018

Almost 40 per cent of people in the European Union are not in full-time employment and require more social protection, the European Commission said, opening the AEIP 2018 Annual Conference in Brussels.


09/11/2018

The European Union's VAT Directive needs revision as the current interpretation leads to different treatment of pension plans and insufficient guidance, PensionsEurope and the European Association of Paritarian Institutions (AEIP) have said


09/11/2018

Over 70,000 pensioners in Ireland could see increases following a change to the method of calculating entitlement, according to the Irish Times


08/11/18

Registration is now open for the 2019 Sustainability Summit, which offers pension funds, insurance companies, charities and corporates the chance to learn and network alongside their peers


08/11/2018

Swedish fund AP2’s green bond portfolio is now worth SEK 5.7bn (€553m), ten years after becoming one of the first investors, a report shows


08/11/2018

Implementing the new reporting requirements for funds will enable analogous risk management methods, the German pensions association ABA said during a government hearing


08/11/2018

Institutional investors are investing more in private credit, accounting for 70 per cent of the market’s capital, an investor survey shows


06/11/18

Just 5 per cent of corporate pension funds in the UK have a specific climate change policy, despite 74 per cent of funds admitting that they recognise the potential impact of climate change


06/11/2018

The central labour market in Finland has decided to raise the employee’s contribution share by 0.4 percentage points next year, the Finnish Centre for Pensions (ETK) announced


07/11/18

The Danish funds JØP and DIP have put Danske Bank on an observation list after the money laundering scandal, saying they will look at the actions of the new management


06/11/2018

Irish pension funds saw an average loss of 4.2% in October, the worst month since January 2016, according to Rubicon Investment Consulting


06/11/2018

New regulations for employees in the public sector will allow members to combine work and retirement, Norwegian fund KLP said


05/11/2018

New EU pensions information taxonomy can be reconciled with Solvency II reporting and is closely aligned with the European Central Bank’s (ECB’s) requirements, the European Insurance and Occupational Pensions Authority (EIOPA) has said


02/11/2018

Starting next year, the Dutch state will become the first triple A rated country to issue green government bonds, the minister of finance said in a letter to the House of Representatives


01/11/2018

Women in Finland received 27 per cent lower pensions than men in 2011, but extending the working lives alone will not narrow the gap, researchers at the Finnish Centre for Pensions (ETK) said.


01/11/2018

EU investment professionals are engaging more with ESG factors but oppose a European Commission mandate, a CFA Institute survey has found


31/10/2018

Offering clear information and high returns are the most important aspects of a successful pension provider, according to Danish scheme members


31/10/2018

Folketrygdfondet grew by NOK 9.7bn (€1bn) in the third quarter of 2018, returning 8.4 per cent overall so far this year, 0.8 per cent better than the benchmark index


30/10/2018

UK Chancellor Philip Hammond is giving £5m to support the launch of a pension dashboard, an online platform where savers can view all their pension pots.


30/10/2018

ATP lost DKK 15.6bn (€2bn) following a life expectancy adjustment, despite growing DKK 4.4bn (€589m) and returning 5.8% on its investment portfolio relative to the bonus material


30/10/2018

The Swedish pensions industry questions the government’s new bill, saying it will cause low, volatile and expensive pensions and contradicts the purpose of the European Union


29/10/2018

The Church of England Pensions Board and Sweden’s AP7 are leading a $2trn group of investors in challenging 55 large European companies on their approach to climate lobbying


29/10/2018

Keva, which is responsible for the funding of local government pensions and the investment of pension funds in Finland, has returned €857m on its investments so far in 2018


29/10/2018

Danish PKA has invested DKK 2bn (€268m) in American solar power plants, its first direct investment in solar energy, the pension scheme said


26/10/2018

Approved retirement funds (ARFs) are worth between €8bn and €10bn, according to an estimate by the Irish Association of Pension Funds (IAPF)


25/10/2018

AMF is worried about the market decline despite returning 5.9 per cent between January and September 2018


25/10/2018

Fewer seniors are looking to continue working after reaching retirement age, while more people are looking forward to retirement, a survey shows


24/10/2018

Australian investment bank Macquarie, which owns Danish broadcaster TDC together with funds PKA, ATP and PFA and manages assets for MP Pension, is involved in a tax fraud scandal across Europe


24/10/2018

Large pension funds will not be obliged to set up an audit committee after being classified as organisations of public interest (OOB), the Dutch association for pension funds has said in a statement


23/10/2018

Pensioenfonds Metaal en Techniek (PMT) has still not reached the desired policy funding level and might have to lower pension payments as a result, despite increasing the level from 101.9 per cent to 102.5 per cent in the third quarter of 2018


23/10/2018

Dutch ABP is tired of telling its members that the pension system is failing them, as pensions for current and deferred members are not being raised in line with the labour market


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