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Established 1996
Saturday 23 March 2019

LATEST NEWS 

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’.

In a statement published on its website, AMF CEO Johan Sidenmark said the report is the first step to answer the most pressing allegations against Swedbank and that it now is important that the Swedish FSA gets the opportunity to investigate the matter further


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


22/10/2018

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


22/10/2018

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


22/10/2018

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


22/10/2018

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


18/10/2018

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


18/10/2018

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


18/10/2018

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


17/10/2018

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


16/10/2018

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


16/10/2018

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


15/10/2018

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


15/10/2018

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


12/10/2018

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


12/10/2018

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


11/10/2018

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


11/10/2018

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


10/10/2018

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


09/10/2018

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


09/10/2018

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)


09/10/2018

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


08/10/2018

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


05/10/18

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


04/10/2018

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


10/09/2018

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)


04/10/2018

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


04/10/2018

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


02/10/2018

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


28/08/2018

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


28/09/2018

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


28/09/2018

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


28/09/2018

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


28/09/2018

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


27/09/2018

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


27/09/2018

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


27/09/2018

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


26/09/2018

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


26/09/18

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)


25/09/2018

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


25/09/2018

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


24/09/2018

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


24/09/2018

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)


21/09/2018

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


20/09/2018

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


20/09/2018

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


20/09/2018

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


19/09/2018

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


18/09/2018

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


18/09/2018

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


18/09/2018

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


17/09/2018

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


14/09/2018

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


14/09/2018

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


14/09/2018

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


13/09/2018

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


13/09/2018

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


12/09/2018

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


12/09/2018

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


11/09/2018

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


11/09/2018

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


10/09/2018

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


10/09/2018

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


10/09/2018

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


07/09/2018

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)


07/09/18

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


07/09/18

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


07/09/2018

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


06/09/2018

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


06/09/2018

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


05/09/2018

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


05/09/2018

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


04/09/2018

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


03/09/2018

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


03/09/18

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


31/08/2018

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


30/08/2018

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


30/08/2018

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


29/08/2018

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)


29/08/2018

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)


29/08/2018

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


29/08/2018

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


28/08/2018

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


28/08/2018

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


28/08/2018

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)


28/08/2018

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


24/08/2018

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


24/08/2018

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


23/08/2018

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


23/08/2018

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


23/08/2018

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


23/08/2018

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


22/08/2018

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


22/08/2018

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


22/08/2018

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


21/08/2018

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


21/08/2018

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


21/08/18

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


20/08/18

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


20/08/18

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


20/08/18

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


20/08/18

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


17/08/18

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


15/08/18

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


14/08/18

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


10/08/18

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


09/08/18

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


08/08/18

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


06/08/18

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


03/08/18

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


03/08/18

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


02/08/18

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


01/08/18

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


31/07/18

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)


30/07/18

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


27/07/18

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


27/07/18

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


25/07/18

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


25/07/18

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


24/07/18

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


23/07/18

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)


23/07/18

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


20/07/18

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


19/07/18

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


18/07/18

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


16/07/18

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


13/07/18

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


13/07/18

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


12/07/18

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


11/07/18

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


10/07/18

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


09/07/18

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


06/07/18

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


06/07/18

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


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