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Established 1996
Wednesday 14 November 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


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


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


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).

The report Pensions Benefit Statement: Guidance and Principles based on Current Practices is part of EIOPA's work to facilitate the national implementation of IORP II and focusses on the new requirement for Institutions for Occupational Retirement Provision (IORPs) to draw up a pension benefit statement (PBS)


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


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


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


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


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


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.


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


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


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


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


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


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


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


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


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


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


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


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


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


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.


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


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


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


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.


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


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


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


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


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


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


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


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


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


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


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


Dutch APB 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


The CEO of Danish fund PKA will represent the country and the institutional investment industry in the new international climate commission Global Commission on Adaption


The Dutch, Danish and Finnish have the best the pension systems in the world, according to the Melbourne Mercer Global Pension Index for 2018


Norges Bank Real Estate Management has partnered up with Prologis to acquire logistics properties in Carlisle, Pennsylvania and Seattle, Washington


The UK should move towards a decumulation model similar to the Netherlands and and help consumers understand the flexibility and risks of drawdown, experts said at the Pensions and Lifetime Savings Association (PLSA) annual conference


The ongoing pension reforms across several European countries should be pushed further, according to Quantum Advisory partner and actuary Stuart Price


Ircantec has announced a socially responsible investment (SRI) strategy, promising to divest from traditional oil and gas bonds and reallocate funds to green bonds, as well as withdraw from companies with a weak capacity to adapt


Pension savers that wish to engage with stewardship “can’t find their way” due to “poor signposting” on pension provider websites, according to ShareAction investor engagement manager Anne-Marie Williams


The Swedish occupational pensions association Tjänestepensionsförbundet, AMF Pension, Alecta and AFA insurance have collectively published a letter for the government, questioning the effects and use of EU regulations


The European Fund and Asset Management Association (EFAMA) has launched an industry initiative to address the market need for a stronger coverage of fund classification in Europe


Stichting Pensioenfonds ING (ING) saw a slight increase in its market value but returned -0.9 per cent, as the real funding ratio and policy funding ratio remained the same over the last month, the Dutch fund announced


Dutch Stichting Pensioenfonds voor de Woningcorporaties (SPW), the pension fund for housing corporations, has seen a slow rise in both policy funding ratio and coverage ratio as it aims to get out of a reserve deficit.

The policy funding ratio, 116.7 per cent at the end of September, was only up 0.3 per cent from August’s 116.4 per cent


Swedish pension company, AMF, has moved SEK11.2bn (€1.1bn) worth of assets to guarantees in a bid to secure future pension payments, the fund announced


The Danish union for army constables HKKF has chosen Sampension as its partner to serve its 1,500 members, the provider has announced


A responsible investment benchmark by The Dutch Association of Investors for Sustainable Development (VBDO) shows that the ten best-performing pension funds rise well above the rest, while the midfield is stagnating as they do not set long-term goals for responsible investment


PensionsEurope supports EIOPA and ECB’s taxonomy of new pension data reporting but says it does not accommodate pension funds’ needs for more time.
The new regulations will however improve relevant information on occupational pensions, which the organisation supports


Dutch people do not have trust in their pension system, scoring lowest on a State Street Global Advisors (SSGA) report on pension happiness, after years of reform debates


Dutch Mortgage Funding Company (DMFCO) has hit €13bn in assets, making it one of the biggest managers of pension assets in the Dutch mortgage industry


The Dutch pension fund Pensioenfonds PGB is reducing its investments in coal in a bid to fulfil policies and combat climate change, it announced


A projected 10,000 new partial old-age retirements will be paid out in 2018 as every tenth person over 61 chooses to withdraw pensions early, according to The Finnish Centre for Pensions (ETK)


French president Emmanuel Macron told pensioners they would be better off if they stopped whining about taxes, according to The Times


The European Commission needs to postpone the UCITS exemption as it is ‘legally questionable’, while duplicative disclosures lead to confused consumers and investors, The European Fund and Asset Management Association (EFAMA) said


Swedish AP1 is partnering with Arabesque for new ESG technology to measure sustainability and ESG data


The Irish government must set a high enough quality bar for master trusts to avoid issues faced in the UK, according to a pensions expert


The Irish auto-enrolment proposal is still not good enough and could be harmed by opt-outs after the launch, according to State Street Global Advisors (SSGA) and the Irish Association of Pension Funds (IAPF)


The regulations that will come when the European Union's IORP II Directive is implemented will lead to a thorough review of trustee culture and activity, the Irish Pensions Authority said


The new statistical reporting requirements from the European Central Bank (ECB) will lead to disruption, the Irish Association of Pension Funds (IAPF) has said


Investment fund assets worldwide increased 4.4 per cent at the end of the second quarter of 2018, the European Fund and Asset Management Association (EFAMA) said


The German pension body ABA is critical of the federal council’s decision to welcome IORP II as it has not considered the implications it could have on pension funds’ investment decisions


It is “inevitable” that the Dutch pensions market will move from its current system of collectivism to an individual pensions saving structure, Pensions Institute director David Blake has warned


The controversial bill to raise the retirement age in Russia was passed in the State Duma, the lower house of parliament, according to Reuters


Norges Bank Real Estate Management has acquired a 100 per cent interest in a Central London office property, the fund announced


Norwegian Storebrand Asset Management has signed an investor pledge to eliminate tobacco assets across the globe


European funds are becoming more interested in increasing their private equity portfolios, a survey report from PensionsEurope has found


The Norwegian forum for responsible and sustainable investments, Norsif, has released a guide on ESG integration in Norwegian fixed income markets, saying it reduces risk


Kommunal Landspensjonskasse (KLP) is excluding four companies for the risk of gross corruption, risk of violation on labour rights and for coal based activities


The Dutch pension system is dislocated from the labour market, according to a letter outlining major flaws in the industry, signed by five of the biggest pension funds in the Netherlands


Kodak Alaris will continue to support a number of smaller DB schemes in Germany and around the world, despite their Kodak Pension Plan (no. 2) (KPP2) scheme being under threat of entering the Pension Protection Fund (PPF)


Swedish AP2 is represented on the Financial Sector Commission on Modern Slavery and Human Trafficking, an initiative launched during the United Nations General Assembly in New York


The Finnish Centre for Pensions (ETK) has published a report outlining the outlook over earnings-related pensions including the length of working lives, pension levels and pension financing over the past 10 years


Private Finnish pension funds missed the benchmark for returns but managed to remain well-funded, a report by Finanssivalvonta (FSA) shows


The value of assets managed by regulated third-party managers in Europe grew 10 per cent in 2017 to €25.2trn, according to a report by the European Fund and Asset Management Association (EFAMA)


Dutch pension provider APG has seen its investments in sustainable real estate and infrastructure grow €1.3bn and €900m in one year


Danish fund PensionDanmark joins The Investor Agenda together with 400 other investors to fulfil the Paris Agreement through corporate engagement, investor disclosure and policy advocacy


Danish scheme MP Pension has decided to place Danske Bank in quarantine following the money laundering scandal in the bank’s Estonian branch yesterday.

The quarantine means that MP Pension will not buy equities in Danske Bank before clarity and transparency has been increased around the issue, the fund announced


Leading figures in the pension industry are discussing the current longevity issues and possible solutions in Europe at The International Longevity Risk and Capital Markets Solutions Conference in Amsterdam


Pension funds will experience a major blow as Euro derivative trading costs could increase tenfold, analytics firm OpenGamma has found


Dutch wealth could be increased if workers got the opportunity to withdraw money from their pensions, research from the Central Planning Bureau and Tilburg University shows


PensionsEurope and ISDA have published a paper outlining the concerns for whether client clearing service providers will meet pension fund demands


Increased administrative costs and regulations such as IORP II will cause trouble for small pension funds, an Aon advisor told Belgian L’Echo


Only one in four people globally think sustainable investments hinder investment outcomes, a new study by Schroders has found


The two Dutch collective defined benefit funds NN CDC and Ing CDC saw total returns of 2.0 per cent and 2.1 per cent in the second quarter of 2018, the funds announced


Dutch pension manager APG will not invest further in coal-related infrastructure and it will half emissions by 2030, it announced at the Global Climate Action Summit in San Francisco


Industriens Pension’s record membership numbers has raised contributions from DKK 4.5bn (€603m) to DKK 4.9bn (€657m)


Dutch pension manager APG increases its commitment in Småkraft with €300m as the hydropower operator plans on doubling its capacity by 2022


Nearly 400 investors with $32trn in assets are partnering up for an initiative to tackle climate change and achieving the Paris Agreement goals


Strict regulations for the upcoming Swedish premium pension marketplace will ensure a safe and sustainable system, Privata Affärer said


Unemployment is a major risk for elderly workforce as more than half of the Finnish and Dutch working population exit the labour market before reaching retirement age, research shows


Pension minister Daniel Bacquelaine wants to make it possible for Belgians to retire part-time from 2020, newspaper Sudpresse said


Dutch APG and Corsair Infrastructure Partners have acquired a majority share in the Spanish toll road operator Itínere Infraestructuras for €1.3bn


European funds came out on top on dealing with climate change duties, with five funds in Sweden and the Netherlands achieving leading ratings, a new study from Asset Owners Disclosure Project (AODP) has found


Russian police detained 839 people for protesting Putin’s pension reform in demonstrations organised by jailed opposition leader


Danish Lønsmodtagernes Dyrtidsfond (LD) has lost DKK 311m (€42m) so far in 2018, blaming a defensive investment strategy


Flexible retirement solutions will not be the answer to increased labour and longer working lives, economist Axel Börsch-Supan said during a seminar held by the Finnish Centre for Pensions (ETK)


UCTIS and AIFs sales registered €28bn in Q2 2018, compared to €222bn in Q1, the European Fund and Asset Management Association (EFAMA) announced


The Pensions Protection Fund (PPF) must pay at least 50 per cent of members pensions entitlement to individuals whose employers have fallen into the fund, the European Court of Justice (ECJ) has judged


Danish Sampension is the fifth Danish pension fund to join the G20 Task force on Climate-related Financial Disclosures (TCFD).


Norges Bank Investment Management is dedicated to fulfilling United Nation’s sustainable development goals (SDG) as it announces a policy agenda to be implemented by 2030


A record high 21 per cent of institutional investors are looking to increase their holdings of UK assets, the State Street Brexometer Index has revealed


Swedish AP1 has invested in a SEK 1bn (€) 7-year bond in a series of sustainable development bonds issued to raise awareness for the critical role that water and ocean resources play in development around the world, the World Bank has announced


Juristernes og Økonomernes Pensionskasse (JØP) and Danske civil- og akademiingeniørers Pensionskasse (DIP) has grown less than 1 per cent so far in 2018


Sampension saw a growing level of activity from customers and members which led to increased contributions for the Danish fund


The world’s largest pension funds has seen a 15.1 per cent increase in assets under management, reaching $18.1 trillion in 2017. This is a significant increase from 6.1% growth in 2016, according to the global 300 research from Willis Towers Watson’s Thinking Ahead Institute


Ireland’s auto-enrolment plans and unfunded pensions liabilities could lead to financial issues, the Irish Association of Pension Funds (IAPF) said


Mortality rates in the Netherlands is slowing due to harsh winters, flu and hot summers, De Telegraaf wrote. The windfall, calculated by KPMG actuaries, is significant enough to impact the planned 2024 state pension age increase


Pensionenfonds PGB is in talks with companies to push for more responsible investments, it said in an engagement report


The German cabinet has agreed to shore up the pension system to reflect an increase in social spending.

Measures include maintaining the pension payment level for the coming seven years and is a result of record surpluses, full employment and a booming economy in Germany


The Polish government has adopted the Employees Capital Pension Scheme, a DC fund which is expected to boost the stock exchange by PLN 12bn (€2.7bn)


The European Commission has approved the acquisition of Swedish wind power company Stena Renewable AB by Norwegian Kommunal Landspensjonskasse (KLP) and Swedish AMF Pensionsförsäkring (AMF)


Russian President Vladimir Putin has decided to dilute the pension reform which would raise the pension age after his popularity took a hit.


Arbejdsmarkedets Tillægspension (ATP) was down DKK 17.7bn (€2.4bn) in the first half of 2018 after an update to life expectancy and bonus allowance


PensionDanmark reached an investment return of DKK 1.1bn (€147m) before tax and a 1.9 per cent premium increase


Danish pension fund PFA struggled with a market rate customer return between -0.5% and 0.0% for H1, but saw a strong customer influx


Swedish KPA Pension saw a premium revenue of SEK 13.1bn (€1.2bn) in the first half of 2018 as the fund’s assets grew to SEK 178bn (€16.6bn)


The Finnish Centre for Pensions (ETK) is investigating whether self-employed are fulfilling their pension insurance obligations


The premium overview framework does not offer enough insight into austerity in the pensions industry, minister Woulter Koolmees has told the Dutch government


NN CDC Pensioendsfond and Ing CDC Pensioensfond have announced a funding ratio of 120 per cent in July, fulfilling its recovery plan goal


Pædagogernes Pension (PBU) is one of the best funds in Denmark, growing 1.19 per cent in the first half of 2018


The UK government has warned that UK pensioners living in Europe, and EU pensioners in the UK, with EU-pension entitlements, may lose access to their pensions in the event of a no-deal Brexit.

In its technical note for banking, insurance and other financial services if there is no deal, the UK government explained that European Economic Area (EEA)-based customers of UK firms currently 'passporting' into the EEA, which allows firms to carry out many activities in EEA countries in the same way as their home country, may no longer be able to access financial services such as annuities, due to these UK firms losing their passporting rights after Brexit


Norges Bank Real Estate Management has acquired a 49.9 per cent interest in an office and retail property in Boston


The Irish government has launched a strawman consultation to create an automatic enrolment retirement system


The Third Swedish National Pension Fund (AP3) had a total return of 3.3 per cent in the first six months of 2018, outperforming the benchmark portfolio


Swedish Andra AP-fonden (AP2) returned 2.9 per cent for the first half of 2018, totalling SEK 352.4bn (€33.5bn) in assets under management


Pensions association Aba has criticised the European Commission’s ESG proposal for misinterpreting laws and for misuse of transparency


The Dutch minister of social affairs and employment said the pension payment balance is healthy despite reports showing that funds are not reaching the required funding level


MP Pension is in dialogue with Brazilian mining giant Vale as locals around a Mozambique mine have been offered insufficient compensation


The Norwegian Government Pension Fund Global returned 1.8 per cent, or NOK 167bn kroner (€17.2bn), due to a positive stock market in the second quarter of 2018


Swedish AP Fonden 7 is seeking a project manager for responsible investment


Pensioenfonds Hoogovens’ funding ratio has increased from 115.3 per cent to 117.1 per cent in July despite being negatively affected by the interest rate


Norges Bank Real Estate Management and UK developer Prologis has entered into a joint venture to acquire a logistics property in California


PKA and Danica Pension have been reported to the authorities for violating the regulations for competition after cooperating to win a pensions mandate


Pensioenfonds Zorg en Welzijn (PFZW) has decided to keep the pension premium stable at 23.5 per cent due to low interest rates, Dutch reports


The number of Finnish graduates that will have accrued pension rights as a result of completing their degrees will reach one million by the end of 2018, the Finnish Centre for Pensions has revealed


The Irish Central Bank is working on a contingency plan to ensure that pension payments can continue to flow between the UK and Ireland after a possible hard Brexit


Romanian lawmakers are set to implement new pension legislation that will allow some pensioners to opt for a minimum social indemnity, according to Business Review


The European Commission has named the members of its high level group on pensions, following the appointment PensionsEurope secretary general Matti Leppälä


Russia is open to plans for a referendum on whether to increase the state pension age after protests over the proposal continue, it has been suggested


Irish managed pension funds made an average gain of 2.1 per cent over July, according to Rubicon Investment Consulting


The policy coverage ratio of Dutch pension funds increased by 0.6% to 108.4% during the second quarter of 2018, according to new figures by De Nederlandsche Bank


Pensions provider Conduent has announced it will cease its operations in the Netherlands, forcing the Dutch pension schemes of PepsiCo and Makro to find new administrators


Private-equity group Cinven is set to buy AXA Life Europe (ALE), a specialised platform which designed, manufactured and distributed AXA’s Variable Annuity products across Europe


Finland’s OP Financial Group is undertaking a buyout of its OP Bank Group pension fund with Ilmarinen Mutual Pension Insurance Company


Dutch pension provider APG has backed a campaign to halt the deforestation in Brazil’s Cerrado region launched by the Farm Animal Investment Risk and Return Initiative (FAIRR Initiative)


Protests in Russia over plans to increase the state pension age in the country continues over the weekend, with tens of thousands turning out, it has been reported


Loodsen, the €899m pension scheme for Dutch marine pilots, is seeking a new administrator after PGGM said it would not extend its contract beyond 2020


Pensioenfonds Hoogovens, the pension fund of Dutch steelworks Hoogovens, has taken several steps to ensure it can continue as an independent scheme


PensionsEurope secretary general/CEO, Matti Leppälä, has been appointed to the Europan Commission’s recently created high-level group of experts on pensions


The Swiss fund market value remained almost unchanged throughout June 2018, dropping by 0.1 per cent, equivalent to CHF 1bn


The UK lags behind its European peers when it comes to adopting a flexible retirement approach, where a person may work part-time before fully retiring, a survey by Aegon has found


The Dutch pension fund of AkzoNobel does not need an additional €400m contribution from the employer in order to grant indexation, according to a report commissioned by the company’s central works council (COR)


The five biggest pension schemes in the Netherlands saw their coverage ratio improve during the second quarter of 2018, it has been revealed


The Russian government has voted in favour of increasing the state pension age, resulting in protests and a drop in President Vladimir Putin’s approval ratings


Norges Bank Real Estate Management, on behalf of the Norwegian Government Pension Fund Global, has acquired a logistics property in Orange County, California


Regulatory compliance and reporting has moved from a secondary consideration to primary criteria for institutional investors selecting managers, according to Greenwich Associates


The planned merger of Universal Social Charge (USC) and Pay Related Social Insurance (PRSI) planned by the Irish government, could be used to plug the nation’s pensions black hole, it has been revealed


The Netherlands could expand the options in the decumulation phase of occupational pensions as it says, annuities are suitable as a standard option, but a one-off lump sum should also be made possible


The difference in life expectancy based on income has grown significantly between 2005 and 2015, according to Dutch pension thinktank Netspar


Irish managed pension funds made an average loss of 0.6 per cent over June, according to Rubicon Investment Consulting


Employees of the multi-national company AkzoNobel have begun a strike after Dutch trade unions asked the firm to pay an additional €400m into its pension fund


Norges Bank has excluded a further four companies from the Government Pension Fund Global and have placed three others under “active observation”, for environmental damage and gross corruption


Russian government lawmakers receive on average more in monthly pension payments than a Russian worker's salary, State Duma pension data has shown


Online pension provider BeFrank and the Premium Pension Institution (PPI) of Nationale-Nederlanden have officially started operating under the same name, BeFrank


The average funding level of the Dutch pension funds remained stable at 111 per cent during June


The Irish government has been accused of using complexity “as a defence for paralysis” with its latest consultation on how to introduce auto-enrolment into the country


Net sales of UCITS have risen by €5bn to €43bn in April, driven by equity and bond funds, the European Fund and Asset Management Association (EFAMA) has found


Europeans are the least likely cohort of people to underestimate the cost of living in retirement


Russian citizens have stepped up protests against the government’s decision to increase the retirement age by five years for men and eight years for women


Stichting Pensioenfonds Cindu International has signed an intention agreement with Centraal Beheer APF to transfer its liabilities and assets to the general pension fund (APF)


Dutch pension investors who receive independent financial advice have more confidence in reaching their required retirement income than investors who do not receive financial advice, according to research by Dutch life insurer Brand New Day among its own clients


Finnish earnings-related pension payments increased by €1bn in 2017 to €27bn, up from €26bn in 2016, according to the Finnish Centre for Pensions


Norwegian aircraft mechanics have called off planned strikes after reaching a deal with their employers


A transgender women who was denied her state pension by the UK courts has had the decision ruled as unlawful by the European Court of Justice


The European Insurance and Occupational Pensions Authority (EIOPA) has said that the persistent low yield environment remains the main risk for both the pension fund and insurance sectors


A new Finnish doctrinal thesis has argued that pensioners who live in countries with a high standard of living experience lower levels of income sufficiency


The winners of the eleventh annual European Pensions Awards were announced last night at the highly anticipated annual gala dinner at the prestigious Marriott, London Mayfair


The image that many large employers and pension fund trustees in the Netherlands have of a European pension fund is often based on incorrect prejudices, which means they often do not consider a European scheme when looking for a future proof pension arrangement


The average age that Dutch employees retire increased during 2017 to 64 years and 10 months, 5 months higher than in 2016, according to new figures by the Dutch Office for National Statistics


Norges Bank Real Estate Management, on behalf of the Norwegian Government Pension Fund Global, has acquired a 25 per cent stake in a long leasehold in London


The Swiss fund market value dropped by CHF 19.5bn over May, with the volume of assets standing at CHF 1,117.2bn, data compiled by Swiss Fund Data AG and Morningstar has revealed


Eighty-nine per cent of workers are unaware of how much money is needed to fulfil their own retirement ambitions, according to research by deVere Group


The number of European pension funds considering climate change risk in their investments has more than tripled since last year, according to research by Mercer, but there is still “further to go”


Good investment returns have resulted in a marked improvement of the financial position of Dutch pension funds in 2017, meaning funds can start providing partial or full indexation again, De Nederlandsche Bank has said


The Dutch Minister for Social Affairs and Employment Wouter Koolmees has agreed an action package with the Society of Labour and the Pension Federation, to ensure more women and young people obtain a seat on the trustee boards of pension funds


Almost one in 10 Finnish pensioners have had to cut down on necessities such as healthcare and medicine as they struggle financially in retirement, it has been revealed


European pension funds are preparing to “significantly increase” allocation into alternative income assets, Aviva Investors has found


Greenpeace has staged a protest in Sweden against its state pension funds’ investments in fossil fuels, Reuters has reported


Environmental, social and governance (ESG) is a “poorly understood concept” and is at risk of being “lost in translation”, it has been suggested


The European Union must launch a “charm offensive” on multi-national companies in order to increase the usage of employer controlled, cross-border pensions, or IORPs, it has been said


Changing demographics and current labour market trends mean that a “no policy change” scenario is not an option for European pensions, and member states should not resist evolution, it has been said


Irish managed pension funds returned 2.4 per cent in May, according to the latest data from Rubicon Investment Consulting


The Dutch Investment Institution (NLII) has after four years not managed to advise pension funds and insurers on interesting investments and it will therefore seize its activities


The returns of different Dutch DC arrangements varied considerably during 2017, according to research by LCP Netherlands


Sweden’s AP7 has appointed KBI Global Investors (KBIGI) to its green impact equity mandate, with an initial €75m awarded to KBIGI’s water strategy


The European Insurance and Occupational Pensions Authority (EIOPA) must have a “strong role” in the supervision of the Pan-European Pension Product (PEPP), EIOPA executive director Fausto Parente has argued


Around 82 per cent of Finnish pensioners find the pension system to by fully or partially reliable, it has been reported


Time is running out to book your table at the European Pensions Awards 2018, tables are selling fast


Institutional investors in Germany are split in two camps when it comes to sustainable investments, according to research by Union Investment in collaboration with Professor Henry Schäfer from the University of Stuttgart.

The survey of over 200 institutional investors found that 65 per cent said they were taking account of sustainability criteria in their investment decisions, compared with 48 per cent in 2013


A leaked document of a pension agreement between union FNV and employer organisation VNO-NCW has revealed the most important points up for consideration


Dutch insurer and pension provider Aegon will merge its premium pension institutions, Aegon PPI and Cappital, under the name Aegon Cappital


Nearly nine out of 10 employers contribute more than the “traditional” 5 per cent into their defined contribution pension schemes, research from the Irish Association of Pension Funds (IAPF) has found


The European Fund and Asset Management Association (EFAMA) has published a new stewardship code to help asset managers


Pensions in Serbia could be increased by up to 25 per cent by the end of 2018, Serbian president Aleksandar Vucic has said


The Irish Minister for Employment Affairs and Social Protection Regina Doherty is to open a consultation on the future of the state pension


Currency market fluctuations caused by volatility has left British expat pensioners £12bn worse off, new research has found


High income Irish households gain the most from pensions tax relief, according to research by The Economic and Social Research Institute (ESRI)


Pensions Europe has welcomed the European Commission’s latest legislative proposals for the implementation of its action plan on sustainable finance


Dutch pension fund ABP is to arrange a follow up of its test whereby 21,000 members gained insight into their personal pension pot


The Romanian government should safeguard the private pension system, Pensions Europe has said, following reports that it plans to halt Pillar II pension contributions


Dutch pension fund PME is no longer investing in coal producers, which is the next step in the metal fund’s sustainable and responsible investing policy


AHK Romania, the Romanian-German Chamber of Commerce and Industry has voiced its support for the private pension fund system, Pillar II


Women’s pensions in Europe are nearly 40 per cent lower than their male counterparts due to childcare commitments, divorce and traditional family policies, it has been reported


The Romanian government has been urged to leave the legislation surrounding the Pillar II pension scheme unchanged, following plans by the government to suspend contributions for six months so that employees’ full contributions can go directly to the state budget


The new Dutch financial testing framework (nieuwe Financieel Toetsingskader or nFTK) is insufficient in a few areas, according to De Nederlandsche Bank (DNB)


Dutch pension fund ABP is still on course with the execution of its policy for sustainable and responsible investing


The Swiss fund market increased by CHF 32bn over April rising to CHF 1,137.3bn, according to data compiled by Swiss Fund Data AG and Morningstar


Danish pension fund PKA has entered into a partnership with turbine maker Vestas and Swedish utility, Vattenfall, for a 353 MW wind energy project in Sweden


European asset managers are opting for automation as their top cost-saving strategy in 2018, SimCorp has found


The Swiss government’s Federal Council has been briefed by the financial market policy forum on proposals to strengthen the country’s financial centre


The average coverage ratio of the Dutch pension funds increased from
108 per cent to 110 per cent during April, according to Aon’s Pensions Thermometer


Holland Casino made a one-off payment of €4.3m to its pension
scheme when it transferred to the general pension fund (APF) Stap last


Norges Bank Investment Management has supported a shareholder resolution seeking to reduce methane emissions, it has announced


The pension and life insurance firm Irish Life has made a net profit of €28m in Q1 2018, €26m down on last year, following its April pension strikes


Irish managed pension funds returned 2.3 per cent in April, following two consecutive months of losses, according to Rubicon Investment Consulting


Cyprus, Malta and the Netherlands have the largest gender pension gaps of above 44 per cent in the European Union, the European Commission has found


European commissioner for Employment, Social Affairs, Skills and Labour Mobility, Marianne Thyssen, would like a compulsory pension and disability insurance for contract workers


Dutch pension scheme ABP saw its asset management costs increase from 60.9 basis points to 64.5 basis points in 2017


The at-risk-of-poverty (AROP) rate in Europe is twice as high for self-employed retirees than those who were employed throughout their working lives, according to a report by the European Commission (EC)


The Norwegian Government Pension Fund Global made a loss of 1.5 per cent in the first quarter of 2018, Norges Bank Investment Management has revealed


The Dutch pension fund for the transport sector, Pensioenfonds Vervoer, is exploring the fiduciary management market, although the fund has emphasised it has no problems with Robeco, its current fiduciary manager


The average policy coverage ratio of the Dutch pension funds stood at 107.8 per cent at the end of March, according to figures by De Nederlandsche Bank (DNB)


The Irish government has said that granting pensions to community employment scheme supervisors could cost over €500m


The United Nations' staff pension fund has around $1bn invested in firms not compatible with core UN principles, the Guardian has found


Pensions and insurance specialist Clive Cowdery has secured $2bn in commitments from investors for a new fund to assist companies that are unable to cover long-term payouts and pensions, it has been revealed


Pension liabilities in Ireland were estimated at €436.3bn at the end of 2015, according to the Central Statistics Office


The coverage ratio of the five largest pension funds in the Netherlands fell during the first quarter of 2018


Dutch pension provider APG is selling InAdmin, its DC pension administration subsidiary, to RiskCo. It will take over the administration of defined contribution (DC) pensions of about 175,000 participants


The Swiss fund market increased by CHF 4.9bn over Marc, data compiled by Swiss Fund Data AG and Morningstar revealed


The European Supervisory Authorities (ESAs) have named three new members to its board of appeal


Artificial Intelligence (AI) has successfully identified four out of five retirees who will retire on a disability pension, two years before they retire, the Finnish Centre for Pensions has revealed


Members of Dutch pension fund Pensioenfonds Zorg en Welzijn (PFZW) will be able to get a better insight into their financial future via a new tool: the Future Explorer


The youth departments of the four political parties making up the Dutch coalition government have called for the compulsory participation in a pension for all workers, including freelancers and contract workers


Denmark’s PKA has revealed it has excluded 35 oil and gas companies from its portfolio because it believes the companies are not taking the steps to meet the Paris agreement


Dutch people from 18 to 37 years would like to make changes or ask questions about their pension via app or chat, pension provider BeFrank concludes based on research into communication needs


The average coverage ratio of the Dutch pension funds decreased further during March from 110 per cent to 108 per cent


Pension schemes including Sweden's AP7, the Church of England Pensions Board and the South Yorkshire Pension Fund have voted down Rio Tinto’s accounts in protest against the company’s links with lobby groups that obstruct climate change policy


Irish Life employees are to stage a 24-hour strike over the closure of their defined benefit pension scheme this Thursday, 12 April 2018


Finnish female retirees who live abroad get a "much smaller" pension from the government than their male counterparts, the Finnish Centre for Pensions has revealed


The number of partial disability pensions are on the increase in Finland, according to the Finnish Centre for Pensions


Irish managed pension funds saw losses of 1.9 per cent over March, making a loss for the second consecutive month, according to Rubicon Investment Consulting


Dutch average pension funding ratios fell from 110 per cent to 108 per cent in March, as fears over a US and China trade war hit the stock markets, according to Aon


Irish Life employees are to stage 24-hour strike action over the closure of their defined benefit pension scheme


Dutch pension fund ABP needs to put pressure on Shell to further improve its climate goals, according to a group of 67 Dutch professors


The information security of Dutch pension funds has improved, but is not yet at the required level, according to regulator De Nederlandsche Bank (DNB)


The final Brexit deal between the EU and UK must consider the impact on the pension sector, while a ‘no deal Brexit’ could cost pension funds millions, Pensions Europe has warned


The average monthly pensioner income in 2017 was €1,656, €20 higher than in 2016, the Finnish Centre for Pensions has revealed


Pan-European Personal Pension plans are the “only solution” for certain sectors and some parts of Europe, it has been said


Stichting Pensioenfonds voor de Woningcorporaties (SPW), the Dutch pension fund for the housing sector, and pension provider APG have developed a new service to provide members with better insight into their financial future


Stichting Norit Pensioenfonds (SNP), the Dutch pension fund for American industrial firm Cabot Norit, has proposed liquidation per 1 January 2019 and would then like to join the pension fund for the agricultural sector (BPL)


Sweden’s AP2 fund has revealed it has invested SEK 99bn to the foreign equity asset class , all with environmental, social and governance (ESG) exposure


The Swiss fund market dropped by CHF 2bn over February, with the volume of assets standing at CHF 1,102.6bn, data compiled by Swiss Fund Data AG and Morningstar has revealed


Spanish pensioners took to the streets of Barcelona this past weekend calling for an increase to their pensions, according to Euronews


French rail workers are set to start a wave of strikes next week to fight off government pension reforms


The Dutch pensions sector has started to communicate so much better during the past few years, that the compulsory Uniform Pension Insight is no longer needed, according to Leo Lentz, a professor in communication sciences


The assets under management at the seven Dutch general pension funds
(APFs) increased to €9.4bn at the end of 2017


Collective defined contribution (CDC) schemes saw returns of around 7 per cent, or more, over the last decade in the Netherlands, according to APG head of pensions Dr Alwin Oerlemans


Irish managed pension funds lost 1.8 per cent during February, according to Rubicon Investment Consulting


The European pensions sector is “under pressure to address urgently” sustainable pensions promises, chairman of the European Insurance and Occupational Pensions Authority (EIOPA) Gabriel Bernardino has said


Norway’s Government Pension Fund has sold its 50 per cent share in an office property in Paris for €128m


The majority of Dutch people are not ready for a financially healthy future, according to research by Rabobank, carried out by the National Institute for Budget Education (Nibud)


The average coverage ratio of the Dutch pension funds fell from 111% to 110% in February, according to Aon’s Pensions Thermometer


PensionsEurope has welcomed the European Commission’s Action Plan on financing sustainable growth, which includes an amendment to the IORP II Directive


The Swiss fund market increased by CHF 11bn, equivalent to 1 per cent, over January to CHF 1,103.0bn, remaining well over the CHF 1trn mark


The average age of a Finnish person retiring on an old-age pension increased by around one month over 2017, to 61.2 years, according to the Finnish Centre for Pensions


The Italian election result, which has seen anti-establishment party Five Star Movement and Eurosceptic Northern League make big gains, has had a “fairly restrained” impact on Italian markets, experts have said


Around 4,000 Dutch poultry sellers will be joining Slagers, the industry-wide pension fund for butchers, which will increase the number of active members in the scheme by 30 per cent


Dutch pension provider PGGM will be part of a consortium that will carry out the reinforcement of the Afsluitdijk, a dam between the IJsselmeer and the Wadden Sea, and the expansion of its drainage capabilities


The Irish government has announced a major overhaul of the pensions system, which will see the introduction of auto-enrolment from 2022


Seventy-five per cent of people under the age of 35 in Italy feel their pensions knowledge is limited or non-existent, according to research by State Street Global Advisers


Pension systems in Nordic and Scandinavian countries are performing well due to “tying pension eligibility to life expectancy”, Aberdeen Standard Investments head of retirement Greg McClymont has commented


Aberdeen Standard Investments (ASI) has announced plans to establish an investment and distribution business in Dublin, Ireland, making it a key European Union business hub


The Norwegian Government Pension Fund Global returned €107bn (NOK 1trn) in 2017, as the pension scheme’s market value surpassed US$1trn for the first time, according to its annual report


The Third Swedish National Pension Fund (AP3) returned 8.8 per cent after expenses in 2017, compared to 9.4 per cent in 2016, a 0.6 per cent drop


Dutch unions CNV and FNV have expressed their concerns about the financial situation of the AkzoNobel pension fund during a conversation with the company


The Dutch Trade Union Federation for Professionals (VCP) believes pension funds and young people should do more to increase diversity on pension fund trustee boards


Zurich and Talanx are set to join forces to help more workers save into a company pension


Norges Bank Real Estate, in its partnership with AXA France, has agreed to sell the SZ Tower located in Munich on behalf of the Norwegian Government Pension Fund Global


Norges Bank Real Estate Management, in its partnership with AXA France, has signed an agreement to sell a Paris office property, on behalf of the Norwegian Government Pension Fund Global


The Croatian government should introduce plans to double the amount of money its citizens pay into pension funds to turn around its deficit, according to the Association of Pension Fund Management and Pension Insurance Companies (UMFO)


Dutch pension investor APG has bought the data analytics team on sustainable investing from Deloitte Nederland


A sufficiently broad and innovative supply and giving members the right to shop around are essential in getting the most out of the Pan-European Personal Pension product (PEPP), the Dutch Association of Insurance and the Association for Premium Pension Institutions (PPIs)said in a joint advice to the European Parliament and the Council of the European Union


Roughly 12,500 Finns were granted a partial old-age pension in 2017 in its inaugural year, according to the Finnish Centre for Pensions


Swedish pension funds AP2, AP3 and AP4 are among a $2.4trn investor coalition that is calling on food multinationals to provide more alternatives to animal proteins


Collective individual defined contribution (CIDC) schemes have the advantage over collective defined contribution (CDC) schemes, a study by the University of Utrecht has found


AXA IM has announced its intention to consolidate its European liability driven investment (LDI) teams, bringing its capabilities under one unit covering the UK, France and the Netherlands


The European Fund and Asset Management Association (EFAMA) has backed the use of a life-cycling default option for the Pan-European Personal Pension Product (PEPP), following an academic study by the SDA Bocconi School of Management


Dutch pension providers, schemes and insurers should no longer communicate about a fixed amount, but about three possible scenarios: standard, optimistic and pessimistic, according to Wouter Koolmees, Minister of Social Affairs


The support for the compulsory occupational pensions in the Netherlands is waning, according to research by Motivaction, carried out for Aegon


Employees who want to work past the traditional retirement age could be incentivised by being able to defer their state pension and receive higher benefits once retired


The Association of the Luxembourg Fund Industry reported a new all-time record at the end December 2017


The Netherlands continued to have the highest ratio of pension assets to GDP in 2017, with 194 per cent, it has been reported


Only 21 per cent of Dutch people believe they will eventually have saved enough for retirement, according to an international study by Mercer on financial security among over 8,300 people


The European Commission should avoid a “prescriptive one-size-fits-all” approach to its sustainable investment rules, according to Pensions Europe


The number of Dutch pension funds that can provide some indexation has increased during 2017, De Nederlandsche Bank has said


The European Commission’s code of conduct on withholding tax (WHT) could financially benefit pension funds, it has been said


Defined benefit and defined contribution schemes allocate an average 21 per cent of their fixed income portfolios to alternative credit strategies, according to Invesco


The current proposals for the Pan-European Personal Pension Product (PEPP), which could see existing IORPs as PEPP providers, entails a risk of “damaging existing well-functioning pension systems”


The financial situation of the five biggest pension funds in the Netherlands has improved slightly during 2017


Archimedes, the Dutch pension fund of oil companies Q8 and Gunvor, has transferred to multi-sector pension scheme PGB


Auto-enrolment could protect pensioners living in poverty at retirement, members of the Chartered Accountants Ireland have agreed


Norges Bank Real Estate Management and Prologis Inc has acquired a logistics property in San Francisco, with Norges Bank making the investment on behalf of the Norwegian Government Pension Fund Global


The level of hidden charges in investment management highlighted through the disclosure requirements of MiFID II has been blasted by investment consultancy, The Lang Cat


Around 42,000 Irish pensioners will not receive compensation for the income lost via the 2012 state pension loophole, the government has ruled


A pension fund for Members of the European Parliament has a deficit of up to €326.2m, it has been reported


The pension deficit of defined benefit schemes listed on the Irish Stock Exchange dropped by €1.4bn in 2017, Mercer has found


Allianz Global Investors has stopped accepting new fiduciary management clients in the Netherlands, as it could not meet pension funds’ requirement that their fiduciary manager must serve several Dutch clients


The Dutch Pension Federation expects further consolidation of the pension industry in the Netherlands, according to its policy agenda for 2018


Irish Social Protection Minister Regina Doherty and Sinn Fein Deputy Leader Mary Lou McDonald have called on the government to reverse the discriminatory 2012 changes to the state pension that had negatively impacted women


Pensions are expected to play a big part in the upcoming Italian election, which takes place on 4 March 2018


Trade union Unite has warned of industrial action over Irish Life’s plan to close its defined benefit pension scheme


Norges Bank has excluded nine more companies from the Government Pension Fund Global, for issues including severe environmental damage and human rights violations


A majority, 69 per cent, of pension funds believe members are concerned about environmental, social and governance (ESG) issues


Part-time retirement is not the solution to get older people to work longer, but will instead lead to a reduction in the labour participation, according to Raymond Montizaan of Maastricht University, who researched the possible effects of part-time retirement on the labour participation of older employees in the Netherlands


Pension fund ABP has decided to no longer invest in tobacco and nuclear weapons


New proposals for a Pan-European Pension Product (PEPP) show that tax harmonisation across member states is "highly unlikely”, but a specific tax treatment for the scheme could be implemented


Irish managed pension funds returned an average of 0.5 per cent in December, making up for losses in November


The CIE Group of companies is facing an €80m pension scheme deficit which could leave up to 10,000 pensioners in crisis


Aegon Nederland has called for the fast flexibilisation of the Dutch pension system, so that employees can better plan their financial future


The policy coverage ratio of Dutch pension funds increased from 98 per cent to 106 per cent in 2017, according to Aon. This is above the legally required minimum of 104.3 per cent


The added cost transparency and ban on commissions for independent financial advisers as a result of today’s MiFID II implementation will encourage greater use of low cost passive funds among retail clients, supporting the growth of ETFs, according to Moody’s vice president and senior analyst Marina Cremonese


ReisWerk Pensioenen, the €300m Dutch pension fund for the travel sector, is looking for a merger with a larger industry-wide scheme or a switch to defined contribution (DC)


Almost half of Dutch pension funds (42 per cent) have formulated a policy in relation to climate change, according to research among 38 pension funds carried out by the Dutch Association of Investors for Sustainable Development (VBDO) and AXA Investment Managers


The depreciation of the pound following the UK’s Brexit vote is the cause of such a small increase in occupational pension fund assets in the European Economic Area, the European Insurance and Occupational Pensions Authority said


Danske Bank’s Irish defined benefit pension scheme has taken out a €335m buy-in a ‘bulk annuity’ arranged by Irish Life Assurance


Almost 150,000 Finnish retirees took up the part-time pension in the 30 year period it was on offer, a new study has revealed


European institutional investors are targeting lower returns than their North American counterparts, but are much more confident about reaching targets, according to Schroders' research


Pension Bee, an online platform for pension savers, is looking to expand its business into the Irish pensions market, according to the chief executive Romi Savova


Dutch pension funds spent 0.45 per cent on asset management costs during 2016, according to De Nederlandsche Bank (DNB)


The European defined benefit and hybrid occupational pension sector has, on average, insufficient assets to meet pension liabilities on the national balance sheet, the European Insurance and Occupational Pensions Authority has found


Dutch annuities increased during the first half of 2017 from €756 to €787 a month, according to Aon


The Fourth Swedish National Pension Fund (AP4) has invested in financial technology firm iZettle, helping the company secure €40m


Norges Bank Real Estate Management, on behalf of the Norwegian Government Pension Fund Global, has made its first foray into Asian real estate by acquiring 70 per cent of an office and retail portfolio in Tokyo, for JPY 92.7bn (€694m)


Irish managed pension funds have achieved disappointing returns in November, suffering a 0.3 per cent decline over the month, failing to build on gains made in September and October


Average costs for Dutch pension funds stood at €115 per member in 2016, the same as in 2015, according to a report by LCP


Fewer employees in the Netherlands are saving for an occupational pension through a pension fund or an insurance company, according to data by De Nederlandsche Bank (DNB)


The European Insurance and Occupational Pensions Authority is to announce the results of its 2017 Pensions Stress Test next week


The Irish government is reportedly expected to announce plans to increase the compulsory public sector retirement age to 70, an increase of five years


The French public sector additional pension scheme, ERAFP, has launched a call for tenders to award one action and two standby management mandates for hedging the foreign exchange risk of its assets


The new life expectancy coefficient will reduce pensions by approximately 4 per cent, the Finnish Ministry of Social Affairs and Health has confirmed


Dutch interest group for independent contractors in the construction industry, Zelfstandigen Bouw, has summoned Bpf Schilders, the pension fund for painters, and the state to court over the compulsory participation of independent painters in the pension fund, if a mediation attempt does not succeed by 1 January 2018


ABP, the biggest pension fund in the Netherlands, will increase the pension premium from 21.1 per cent to 22.9 per cent in 2018


Sinn Fein has tabled an amendment to Ireland’s Social Welfare Bill 2017, in the hope of reversing pension changes made in 2012


Norges Bank Investment Management has outlined the reasoning behind its divestment of the Norwegian Government Pension Fund Global from oil and gas


UCITS and AIF registered net inflows totalled €57bn in September, down from net sales of €94bn in August, according to latest statistics revealed by EFAMA


The winners of the sixth Irish Pensions Awards were announced last night at a glittering gala dinner in the ballroom of Dublin's stunning 5 star Shelbourne Hotel


Two Dutch political parties, the liberal VVD and the Labour party, will ask questions in parliament about barriers in the Pension Law to a so-called carve out, the transfer of a part of the pension liabilities to another pension provider, such as an insurer


Pension schemes can achieve better results by rebalancing their investment portfolios less often and at less predictable times, according to studies by Dutch asset managers Kempen Capital Management and PGGM


Overseas pension funds are to be exempt from proposed tax changes to UK immovable property for non-residents of the UK


Norges Bank Investment Management has revealed its intention to divest the Norwegian Government Pension Fund Global (GPFG) from oil and gas to reduce the risk of vulnerability of a permanent drop in oil and gas prices


Ireland’s Invalidity Pension, which is paid to people who are permanently incapable of work because of illness or disability, has been extended to self-employed workers, the Irish Examiner has reported


The Dutch pension fund of British American Tobacco (BAT) has cut its number of trustees from eight to six


Dutch Social Affairs Minister Wouter Koolmees will make arrangements with the pension industry to clean up very small pension pots of less than €2 a year


Romanians are now at risk of a decreased retirement income as a result of the government’s decision to cut the pillar II contributions to 3.75 per cent, PensionsEurope has noted


Ireland’s pension funds have consolidated the gains made in September with a strong performance in October


US firm Pfizer is to present its plans to freeze its Irish salary-linked pension scheme and introduce a new scheme to the Labour Court this weeK


A report considering the state pension anomaly in Irish law will not be presented to the Cabinet before its completion, Minister for Social Protection Regina Doherty has announced


The life expectancy of Dutch 65-year-olds has decreased to 20.5 years in
2023, according to the latest figures by the Central Bureau of Statistics (CBS)


Even the most sustainable pension funds in the Netherlands do not
invest in accordance with the Paris Climate Accord, according to the
pension climate label


The Irish Airlines Superannuation Scheme recorded a sharp fall in transfer values in just over a year, it has been reported


The Dubai Crude benchmark, known as the Dubai Fateh, can be construed as a “leading indicator” of asset-price bubbles in oil markets, new research has found


The number of Dutch pension funds with a coverage ratio whereby pensions need to be cut is decreasing, but cuts are still a possibility for around two-thirds of Dutch pensions, according to data from De Nederlandsche Bank (DNB)


Over half of Dutch people, 56 per cent, want to work less in the years before their retirement, it has been found


Luxembourg domiciled funds reached €4trn, as of 30 September 2017, according to the Association of the Luxembourg Funds Industry


Norway’s Government Pension Fund Global returned 3.2 per cent in the third quarter of 2017, equivalent to NOK 192bn


Dutch pension fund ABP will invest over €330m in three solar parks in the United States, the fund recently announced


A number of Danish pension funds have been criticised for investing a combined NOK 144m in electric car manufacturer Tesla


The Swiss fund market remains clearly above the CHF 1trn mark, after initially breaking through the barrier in July for the first time


Seventy-two per cent of German institutional investors claim that safety is the most important factor when making investment decisions, according to research by Union Investment


The coverage ratios of the five biggest pension funds in the Netherlands increased during the third quarter following good investment returns


Denmark has dropped from an A to a B+ in the Melbourne Mercer Global Pension Index but has still managed to retain its top position in the table


Dutch pension funds are not investing in impact fund FMO, according to
director asset management of the Dutch development bank FMO, Yvonne
Bakkum. She thinks this is probably due to the strict mandates of
pension trustee boards, which would make it difficult to try something


Dutch pension administrators APG and PGGM have successfully completed the first phase of a joint experiment involving the development of a pension administration blockchain application


A new report has found that UK employers are “not pulling their weight” when it comes to sharing pension contributions with their workers, in comparison to European countries with similar DC systems


Ireland’s plans to introduce a 6 per cent rate stamp duty on all commercial property transactions will have knock on implications for the value of pension funds, the Irish Association of Pension Funds has warned


Dutch pension funds have assets of €1.224bn, of which €152bn (12.4 per cent) is invested in the Netherlands


The new Dutch coalition government plans to introduce individual pension pots and a move from average to age-related pensions accrual


The Irish government has committed to an increase in the state pension from next year


Young people in Finland have more trust in the country’s state pension system than older generations, new research has shown


The Belgian government has approved a measure that extends the second pillar of the pension system, the additional pension, to the self-employed, it has been announced


More than half, 57 per cent, of Dutch pension funds still has not set any
sustainability goals, it has been revealed


The average coverage ratio of Dutch pension funds increased to 108 per cent in
September following a decrease in August, according to Aon Hewitt


Irish managed pension funds returned 2.5 per cent in September, picking up after making losses in August and July


The proposed Pan-European Pension Product (PEPP) could be available across Europe by 2019, it has been suggested


The increase of the Irish state pension age from 65 to 66 in 2014 had little impact on the retirement rate of those retiring at the age of 65


It is unjust that the differences between the higher and lower
educated in the Netherlands are not taken into account when
determining the state pension age, according to accountancy bureau


The Swedish national pension agency has called for an overhaul of the country’s pension system, following the Falcon Funds debacle


The policy coverage ratio of 52 Dutch pension funds was under 100 per cent at
the end of the first half year of 2017, data by regulator De
Nederlandsche Bank (DNB) shows


A third of Finnish retirees now consider working in retirement, the Finnish Centre for Pensions has found


The UK's Brexit bill could rise by £10bn in order to address the pensions of retired European Union civil servants, it has been announced


Swiss citizens voted against reform in a referendum on Sunday in the country, with 53 per cent of voters rejecting the proposal


Eight in 10 Irish citizens with a pension are not confident that they will have enough income to fund their retirement, according to Friends First


The outcome over this weekend's Swiss pensions reform referendum is uncertain as the public is evenly divided on the issue, says a leading academic


The Irish Government is to publish a its plans for pension reform before the end of 2017


Bedrijfspensioenfonds Landbouw (BPL), the Dutch pension fund for the agricultural sector, has lost a summary judgment initiated by pensioner association MijnLandbouwPensioen


Dutch pension funds mimic each other when it comes to buying and selling government bonds, according to research by regulator De Nederlandsche Bank (DNB)


The Maltese government has published rules on tax incentives to encourage the take up of pension schemes of occupational pension schemes


Norway’s sovereign wealth fund has reached the one trillion dollar mark for the first time


Two Finnish pension websites are trialling a live web chat service where users can ask customer service staff their question on pensions


The quality of the risk management of mortgage investments by Dutch pension funds varies, according to research by Dutch regulator De Nederlandsche Bank (DNB)


The Danish pension fund ATP has agreed to purchase a stake in Copenhagen Airports, subject to regulatory approval


The average coverage ratio of the Dutch pension funds fell back to 106 per cent in August, after an increase in July


Irish people should receive the state pension at the age of 70 in order to protect the economy, it has been said


There is a gap of 450 lei across Romanian public social security pensions between different regions, the Agerpres has reported


Western Europe is second to North America, for having the highest average ratio of pensions underfunding to revenues, according to research by MSCI


The new Dutch pension system will not result in a higher demand for older employees, according to research by Willis Towers Watson among 68 organisations with a total of 320,000 employees


The number of pension funds in the Netherlands has fallen from 1060 in 1997 to 268 in 2017, according to figures by regulator De Nederlandsche Bank (DNB)


Norway’s Government Pension Fund has been ranked as the world’s second largest pension fund in 2016, with total assets of $893,088m, Willis Towers Watson has revealed


Dutch pension funds and insurers will soon be able to bundle small pension pots rather than paying these out. The Dutch government hopes that the new rules will be introduced from 1 January 2018


If a flexible state pension age would be introduced in the Netherlands, no one would be able to retire more than a year earlier than they currently can, and the uptake will be minimal because most people do not want to live on a social minimum income, the SEO Economic Research has found


The number of Irish members of the defence forces retiring due to injuries or disability rose considerably in 2016


Danish pension fund ATP has revealed it is to increase the active ownership of its investments, Reuters has reported


Ireland’s social protection minister Regina Doherty is to call for a €5 weekly state pension increase in budget negotiations with finance minister Paschal Donohoe, it has been revealed


The Czech pension fund Penzijní Společnost České Pojišťovny administered savings in the tens of billions, according to the Prague Daily Monitor


Half of Dutch SME employers (51%) and 63% of SME employees are in favour of lowering the state pension age to 65 again, according to a poll of news programme EenVandaag and SME Netherlands among 600 employers and 9,000 employees


Dutch pensioners who have worked in Germany are receiving a lower retirement income due to a new tax treaty


Pressure to raise pension contributions by 4 per cent in Finland would increase in a stagnated wage growth scenario, analysis has found


A total of €3.4m has been paid in pension lump-sums, split across 17 Irish judges who retired in the past two years, according to The Times


The Dutch employers and unions do not yet have an agreement on the pension system and labour market


Pensioenfonds Zorg en Welzijn (PFZW), the Dutch pension fund for the health sector, is actively pursuing the seizure of assets of directors and health institutions who are paying no or too little pension premiums


The Swiss fund market has broken through the CHF 1trn barrier for the first time, following an increase of CHF 30bn (3 per cent) over the month, latest statistics have revealed


Pension funds have been warned of the risks of poor standards of food safety, antibiotic use and environmental management in the Asian meat, dairy and seafood sector, which threatens investments


Pensioner society ‘MijnLandbouwPensioen’ is seeking a summary judgement against Dutch pension fund Agriculture (BPL)


Variable annuities are off to a slow start in the Netherlands, as it is only offered by a handful of providers and few people choose a variable retirement income, Dutch daily newspaper Financieele Dagblad writes based on research by Focus Orange


Ireland’s Social Protection Minister Regina Doherty has also hinted at a rise in the state pension in the next budget


Existing cross-border pension and insurance contracts are at risk from Brexit, as companies may be left with a “stark choice” of either breaking the law or promises to customers due to Brexit, the Association of British Insurers has warned


The European Commission has expressed its concerns over Poland's plans to reintroduce a different retirement age for men and women in the country


Irish managed pension funds lost an average of 0.6 per cent in July, according to Rubicon Investment Consulting.

Based on its funds calculator, Standard Life had the best performance with a loss of 0.3 per cent. Davy Asset Management was the worst performer over the month, losing 1 per cent


The average policy coverage ratio of Dutch pension funds increased by 2.1% in the second quarter of 2017 to 101.9% at the end of June, but the coverage ratio of 37% of funds are still below the legally required minimum, according to De Nederlandsche Bank (DNB)


The pension fund of Dutch regulator De Nederlandsche Bank (DNB) has fully focused its investment policy on covering its liabilities


The deadline for entering the annual Irish Pensions Awards has been extended to 11 August due to phenomenal demand


Norges Bank Real Estate Management, on behalf of the Norwegian Government Pension Fund Global, has acquired a 100 per cent stake in a property in central Paris

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