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Established 1996
Sunday 21 July 2019

LATEST NEWS 

19/07/2019

The Swedish national pension fund AP1 has returned SEK 31.4bn (€3bn) in the first half of 2019, surpassing the long-term goal of returning 4.0 per cent over the past 10 years


19/07/2019

The French retirement age should be increased to 64 from 62, according to a report outlining a new pension system, presented by the government’s special adviser.

The pension reform adviser, Jean-Paul Delevoye, noted that President Emmanuel Macron’s promise to allow people to retire at 62 will still be in force, but they would have to work two years longer to draw full pension without discounts, Reuters reported


19/07/2019

Dutch pensions asset manager PGGM has increased its interest in offshore windfarm Walney Offshore Windfarms, acquiring a further 9.9 per cent stake


18/07/2019

Dutch pension funds are seeing their funding ratios drop due to falling interest rates, threatening the recent pension agreement as it could mean a reduction of people’s retirement savings


18/07/2019

Danske Bank’s pension provider Danica Pension has reported a pre-tax profit of DKK 766m over the first six months of 2019, with customers seeing the highest half-year returns since the introduction of unit-linked products in 2005


18/07/2019

Danish PFA Pension has decided to invest €180m, or DKK 1.3bn, in green bonds issued by the Dutch government, in order to help the Netherlands achieve its climate goals


17/07/2019

Ireland’s largest life and pension group, Irish Life, has exited the competition to acquire the Dublin-listed property group Green Reit, according to The Irish Times


17/07/2019

Danish pension fund PensionDanmark has rejoined the UN Principles for Responsible Investment (PRI) as a signatory after leaving in 2013


17/07/2019

Swedbank has seen its defined benefit pension obligations impacted by market rates, contributing to the decision to cut the dividend policy from 75 to 50 per cent


16/07/2019

Dutch pensions asset manager APG has reduced the carbon footprint of its equity portfolio by 28 per cent and increased investments in companies contributing to the UN Sustainable Development Goals (SDGs) with €13.9bn in 2018


16/07/2019

The European Fund and Asset Management Association (EFAMA) has said some of the regulatory concerns around ETFs are misplaced, publishing a response to the European Central Bank’s (ECB) November 2018 findings


16/07/2019

A deputy head of the Russian Federation’s national pension fund (PFR) has handed in his resignation and admitted to taking a bribe, according to prison watchdog Moscow Public Monitoring Commission


15/07/2019

Pension providers in Denmark are managing their customers’ expectations of future returns after returning between 10 and 15 per cent so far in 2019


15/07/2019

Denmark’s pension fund for industrial employees, Industriens Pension, has returned 7.6 per cent in the first half of 2019, growing by DKK 12.7bn (€1.7bn)


15/07/2019

Four of France’s biggest financial associations have partnered up to attract international investors to Paris by launching a collective association called Invest Week Paris


12/07/2019

The Claims Conference, which handles claims on behalf of Jewish people suffering under the Nazis, has announced that Germany will extend pension payments to surviving spouses, according to Jewish News


12/07/2019

The deadline to enter the Irish Pensions Awards is drawing close, but there is still time to enter your pension scheme or firm into these prestigious awards which are now in their eighth successful year


12/07/2019

Danish pension provider Sampension has invested DKK 200m (€26.8m) in the European Investment Bank’s (EIB) green bonds in order to combat climate change, increasing its green bond portfolio to DKK 600m (€80.3m)


12/07/2019

PensionsEurope has called out the European Insurance and Occupational Pensions Authority (EIOPA) for publishing opinions on the implementation of the IORP II Directive which “do not reflect the minimum-harmonisation character of the directive”


12/07/19

The Fourth Swedish National Pension Fund, AP4, made a return of 13 per cent after costs in the first half of 2019, equating to SEK 45.2bn, it has revealed


11/07/2019

Nordea Liv & Pension Sweden has moved SEK 22bn (€2.1bn) from traditional investments to investments with a low-carbon footprint and strict sustainability requirements in its biggest shift in investment strategy ever


11/07/2019

Fifty pension funds, asset managers, insurers, banks and their umbrella organisations have committed to the Dutch government’s climate goals


11/07/2019

The European Insurance and Occupational Pensions Authority (EIOPA) has issued four opinions in order to assist National Competent Authorities (NCAs) with implementing the IORP II Directive


10/07/2019

Dutch pension funds, asset managers, insurers and banks today sign a commitment to follow the government’s goal to reduce greenhouse gas emissions


10/07/2019

Industry automation rates reached 90.4 per cent of cross-border fund orders in 2018, according to a joint report from the European Fund and Asset Management Association (EFAMA) and SWIFT


10/07/2019

The European Insurance and Occupational Pensions Authority (EIOPA) has established an expert practitioner panel on the Pan-European Personal Pension Product (PEPP) to move its policy work forward


09/07/19

Danish labour-market pension funds PenSam and PKA have joined forces to invest DKK 750m in a Texas wind farm.


09/07/19

German pension provider BVV has seen its assets rise to €29.8bn, up €1.3bn, its final results for the 2018 financial year have revealed


09/07/19

Boris Johnson has pledged to find a solution to the NHS pension crisis resulting in staff reducing their shifts, increasing waiting times by 50 per cent


08/07/19

Romania’s President Klaus Iohannis has signed a decree promulgating the law on the country’s public pension system, as reported by Romania Insider


08/07/19

The Greek Prime Minister elect, Kyriakos Mitsotakis, has promised higher pensions for the country, following the snap general election


08/07/19

Denmark’s mandatory government pension scheme, Arbejdsmarkedets Tillægspension (ATP) has appointed BNY Mellon to carry out asset servicing for the scheme


05/07/2019

LD Pensions has partnered with non-profit organisation Future-Fit to implement a transparency framework for self-evaluation and reporting on environmental, social and governance (ESG) issues


05/07/2019

Irish pension managed funds enjoyed a positive June, returning 3.3 per cent over the month on average, according to Rubicon Investment Consulting


05/07/2019

The Dutch pensions asset manager APG Asset Management has partnered with the Australian real estate debt manager MaxCap Group, committing a total of €370m on behalf of pension fund clients


04/07/2019

Octopus Real Estate has announced that its Commercial Real Estate Debt Fund I (CREDF I) has returned all capital and revenue to its investors with a net return of 10.4 per cent


04/07/2019

The Association of the Luxembourg Fund Industry (ALFI) has said that the European Securities and Markets Authority (ESMA) must avoid known errors of cost disclosures under the European Long-Term Investment Fund (ELTIF) Regulation


04/07/2019

There is still “cause for concerns” in the Dutch pensions sector, the Netherlands’ pension fund association Pensioenfederatie has said, publishing its annual report for 2018


03/07/2019

The European Fund and Asset Management Association (EFAMA) has announced the publication of the 17th edition of its Fact Book on investment funds and the sales of domestic and cross-border funds in Europe


03/07/2019

PBU, the Danish industry pension fund for educators, has invested DKK 100m in a microfinance fund aimed to give women in developing countries better opportunities


03/07/2019

The Swedish pension provider AMF has invested SEK 277m in the solar cell company Exeger in order to improve its risk diversification and broaden its portfolio


02/07/2019

Investors have been concerned over the global economic outlook, leading to suffering equity UCITS funds in April, the European Fund and Asset Management Association (EFAMA) has revealed


02/07/2019

The UK government has today published its Green Finance Strategy, recognising the role of the financial sector in delivering global and domestic climate and environmental objectives


02/07/2019

The risk of a prolonged low-yield environment is “more prominent again”, remaining a key risk for the pension fund and insurance sector, according to the European Insurance and Occupational Pensions Authority (EIOPA)


01/07/2019

More than half (55 per cent) of European institutional investors are now considering environmental, social and governance (ESG) risks in their schemes, growing from 40 per cent in 2018, Mercer has revealed


01/07/2019

Montenegro should address its public debt issues through pension reform to safeguard the economy, the International Monetary Fund (IMF) said


01/07/2019

The 2017 reform of the Finnish pension system has led to a downturn in the number of people taking out old-age pensions, according to the Finnish Centre for Pensions (ETK)


28/06/2019

The government faces a £4bn bill after it lost permission to appeal a High Court ruling which found 2015 pension reforms discriminated on the grounds of age, race and equal pay


28/06/2019

The Danish pension fund MP Pension has decided to lift the quarantine it had placed Australian bank Macquarie in, as it no longer violates responsible investment policies


28/06/2019

Danish AP Pension has launched a sustainable pension product, AP Sustainable, where investments will contribute to a green transition and to support a number of the UN’s Sustainable Development Goals (SDGs)


27/06/2019

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


27/06/2019

The next step for the EU should be creating pan-European occupational pension schemes, Cross-Border Benefits Alliance-Europe (CBBA) secretary general Francesco Briganti said at the European Pensions Conference


27/06/2019

Private pensions must be promoted as demographic changes are challenging occupational and private savings, a European Insurance and Occupational Pensions Authority (EIOPA) expert said at the inaugural European Pensions Conference in London


27/06/2019

Ahead of the G20 summit taking place in Osaka, Japan, this week, deVere CEO and founder Nigel Green said leaders must take decisive steps towards a multilateral cryptocurrency regulatory framework, arguing that failure to do so would be “irresponsible and negligent”


26/06/2019

Swedish pension fund AMF has agreed to acquire 89.9 per cent of Bergvik Skog Öst, which owns over 317,000 hectares of woodland in central Sweden, making its first direct investment in forestry


26/06/2019

The European Commission’s expert group on sustainable finance has published a draft list of projects that can be deemed ‘green and climate-proof’


26/06/2019

Assets under management (AUM) in the European exchange-traded fund (ETF) industry decreased in May due to the negative performance of the underlying markets, latest research has shown


26/06/2019

The European Fund and Asset Management Association (EFAMA) has reported that worldwide regulated open-ended fund assets increased by €48.02trn, or 9.2 per cent, in the first quarter of 2019


25/06/19

The UK's regulatory body, The Pensions Regulator, (TPR) “must increase its focus on savers” in light of rising membership through auto-enrolment and increased saver risk due to pensions freedoms, according TPR chief executive Charles Counsell


25/06/19

Pension fund manager, PGGM, along with its consortium partner, Royal Dutch Shell, has taken the lead in the race for Dutch energy company, Eneco, according to Reuters


25/06/19

Norges Bank Investment Management (NBIM), which acts on the behalf of the Norwegian Government Pension Fund Global, has revoked the exclusions of several companies following recommendations from the Council of Ethics


24/06/19

The Belarusian Finance Ministry and the Labour and Social Protection Ministry are teaming up to evaluate the effectiveness of the pension reforms in Belarus, BelTA has reported.


24/06/19

One third (34 per cent) of British women do not have a pension plan, compared to just 17 per cent of men, research from Willis Owen has revealed


24/06/19

Keva, a Finnish public sector pension insurance company, has signed a collaboration agreement with Suomen Puukerrostalot Oy to build 1,000 multi-story wooden buildings in Finland over the next three to five years


21/06/2019

Improving pensions for the sake of the members by encouraging saving and improving financial literacy were key focus areas at the inaugural European Pensions Conference in London


21/06/2019

Danish pension fund MP Pension has decided to exclude the mining company Vale after it had been placed in quarantine in January


21/06/2019

The winners of the twelfth annual European Pensions Awards were announced last night at the highly anticipated annual gala dinner at the prestigious London Marriott Hotel Grosvenor Square


20/06/19

The Swiss fund market value dropped by CHF 39bn (3.5 per cent) over May, according to statistics compiled by Swiss Fund Data AG and Morningstar


20/06/19

Affordability of paying monthly contributions into a pension is less of an issue for Irish pension savers now, according to Irish Life


20/06/19

Romania’s senate has rejected a controversial public pension law, Romania Insider has reported


19/06/2019

The Sixth Macquarie European Infrastructure Fund has raised €6bn, exceeding its initial €5bn target, bringing the total funds raised globally to €13bn, according to Macquarie Infrastructure and Real Assets (MIRA)


19/06/2019

The Italian government will spend about €3bn less on new welfare programmes, including pensions and citizens’ income, according to the National Pension Agency chief


19/06/2019

Three in five self-employed people in Finland have plans to work past the retirement age, twice as often as employees, according to the Finnish Centre for Pensions (ETK)


18/06/2019

The Czech Republic is faced with risks for the fiscal sustainability of public finances in the long term due to the costs of ageing, according to the European Commission


18/06/2019

The new EU Commission must empower citizens to ensure financial well-being and long-term welfare, according to the European Fund and Asset Management Association (EFAMA)


18/06/2019

NASDAQ Stockholm listed companies have seen a slight increase in the proportion of women on their boards, the Swedish Second National Pension Fund (AP2) has revealed


17/06/2019

Over 200 companies have disclosed information about thousands of tailing dams, following calls from investors, co-led by the Church of England Pensions Board and the Council on Ethics of the Swedish AP Funds


17/06/2019

The European Insurance and Occupational Pensions Authority (EIOPA) is ready to implement the Pan-European Personal Pension Product (PEPP) and to take on additional supervisory tasks


17/06/2019

The spending of the Russian National Wealth Fund, which supports the national pension system, must be reconsidered and reduced, according to the central bank governor, Elvira Nabiullina


17/06/2019

The Dutch unions FNV and CNV have voted in favour of the proposed pension agreement, developed by the government and pensions industry


14/06/2019

Swedish pension providers AMF and Folksam and Danish pension fund ATP have all invested in Europe’s first “gigafactory” for lithium-ion batteries


14/06/2019

Two out of three Finnish people trust the pension system, up 7 percentage points over the past year, according to the Pension Barometer from the Finnish Centre for Pensions (ETK)


14/06/2019

The European Commission has called on the Romanian government to ensure the sustainability of the public pension system and the long-term viability of the second pillar pension funds


13/06/2019

Germany must take measures to safeguard the long-term sustainability of the pension system, as the baby boomer generation is at risk of falling into old-age poverty, the European Commission said


13/06/2019

France will offer incentives to get workers to stay in employment after the state retirement age, in a bid to relaunch reform plans, Prime Minister Edouard Philippe has revealed


13/06/2019

PensionsEurope has published a brochure on supervisory reporting requirements, saying that a one-size-fits-all approach would be detrimental as the system is too complex


12/06/2019

The agreement reached between the Dutch government and social partners is a welcome first step in reforming the pension system, the industry has responded


12/06/2019

Pension provider KLP has accepted Euronext’s bid for Oslo Børs VPS, after the stock market operator was authorised by the Norwegian government


12/06/2019

The Netherlands should focus on ensuring that its second pillar pension system is more transparent, inter-generationally fairer and more resilient to shocks, according to the European Commission (EC)


11/06/2019

Norway is expected to reduce government pension scheme investment in coal by €5bn when parliament votes on the proposal tomorrow (12 June)


11/06/2019

Sweden’s Fjärda AP-Fonden (AP4) has accepted the public offer to shareholders of Oriflame, the government pension fund announced


11/06/2019

The European Union needs to “shift gears” and increase focus on supplementary pensions, a key issue for Europeans, PensionsEurope said at its own conference in Brussels


11/06/2019

Decumulation behaviour is rapidly changing due to longer life expectancy and DC savers’ growing interest in flexibility, experts discussed at a panel debate


11/06/2019

The ongoing restructuring of the Polish pension system will address the lack of trust in the system and mobilise long-term savings, the delegates at the annual PensionsEurope Conference heard


10/06/2019

The pension reform France has planned could help decrease the general government debt and reduce sustainability risks, the country has been told by the European Commission


10/06/2019

The European Fund and Asset Management Association (EFAMA) says compliance with the revised Shareholder Rights Directive (SRD II), which comes into effect today, is a challenge as country-specifics are still unclear


10/06/2019

Pension managed funds saw a miserable May and declined 4 per cent on average after months of growth, according to Rubicon Investment Consulting


07/05/2019

If unions reject the changes to the pension reform in the Netherlands, which were agreed last week, the country could see “a little bit of chaos when it comes to the pension system”, Pensioenfederatie director Gerard Riemen said


07/06/2019

In order to address demographic and economic challenges, the industry must increase participation and change behaviours and perception, according to OECD private pension analyst Stéphanie Payet


07/06/2019

Pension funds with a diverse management team or board are better equipped to represent the members and make better decisions, according to a panel at the PensionsEurope Conference


07/06/2019

Italy has been told by the European Commission to implement fully past pension reforms to reduce the share of old-age pensions in public spending and create space for other social and growth-enhancing spending


06/06/19

Austria should align its statutory retirement age with expected life expectancy gains to ensure the sustainability of the pension system, the European Commission has recommended.

Publishing its country specific recommendation for Austria the Commission said that pension spending will peak in 2036 at a level of 1.2 purchasing power standards (pps) of GDP above the 2016 reference point


06/06/19

PensionDanmark is to develop a new sustainable district in Denmark’s second largest city, Aarhus, and is partnering with the music festival that takes places in the city, NorthSide, to launch the district


06/06/19

Dutch pension provider APG has launched a “public-friendly” accessible version of its annual report


05/06/19

The European Fund and Asset Management Association (Efama) has said there has been a strong increase in net assets of UCITS and AIF in the first quarter of 2019


05/06/19

Eligible employees participating in a workplace pension in the UK increased to 87 per cent over 2018, a 3 per cent rise on the previous year, UK government stats have revealed


05/06/2019

The Swedish AP Funds’ Ethics Council recommends excluding cannabis after identifying multiple problem areas across the national pension funds’ investments


04/06/2019

The Swedish pension and insurance provider Folksam Liv is raising the bonus rate for its occupational pensions and life insurance customers due to high returns


04/06/2019

The European Court is set to rule on whether insolvency compensation has to cover full defined benefit scheme benefits, and it could be swayed by Associate General Hogan's official opinion that full benefits should be paid


04/06/2019

A report from the supervisor De Nederlandsche Bank (DNB) has shown that a number of pension funds must implement a reduction this year because they are waiting for high returns to save them


04/06/2019

The Swedish Second AP-fund (AP2) has sold off its assets in about 60 tobacco companies and companies involved in the maintenance and modernisation of nuclear weapons systems


03/06/2019

Transport for London (TfL) has nominated a public-private partnership (PPP), which includes Dutch pensions asset manager PGGM, to realise the Silvertown tunnel under the river Thames


03/06/2019

Denmark’s MP Pension sees a DKK 300,000 (€40,173) gap between the retirement savings of men and women and is encouraging its female members to save more


03/06/2019

Danish pension provider PFA has entered into a strategic partnership with insurer LB Forsikring to offer its customers non-life insurance


31/05/2019

The Irish Association of Pension Funds (IAPF) has urged the government to keep full speed with the Pensions Roadmap and automatic enrolment this summer, as it has already missed 29 of 35 target deadlines


31/05/2019

Irish DC schemes are likely to migrate to a master trust after the implementation of the IORP II Directive, delegates at the Irish Association of Pension Funds (IAPF) conference in Dublin heard


31/05/19

A bill has been introduced in Russia’s State Duma that will give men and women the right to take their occupational pensions at specified ages


31/05/2019

Financial literacy is a cornerstone of society and improving it increases pension savings, said Icelandic pension fund EFÍA manager Snædís Ögn Flosadóttir


30/05/2019

A majority of fund managers in the UK are not taking into account “best practice” public voting policies on climate change, gender and ethnic diversity, research from the Association of Member Nominated Trustees (ANMT) has found


30/05/2019

KLP Eiendom, the real estate arm of the Norwegian pension provider, has entered into an agreement to purchase an office building in the Danish capital Copenhagen for DKK 711.25m, it has revealed


30/05/2019

A nationwide public transport strike over proposed reforms to the Netherlands' pension system saw around 80 flights cancelled to and from Amsterdam Schiphol airport on Tuesday 28 May


29/05/2019

The Norwegian pension provider KLP’s decision to ban investments in alcohol and gambling will lead other pension funds and executives to improve behaviour, according to Dalriada Trustees senior trustee representative Vassos Vassou


29/05/2019

The European Fund and Asset Management Association (EFAMA) has seen net inflows totalling €13bn into UCITS bond funds in March, up €6bn from February


29/05/2019

EU’s tax on transactions will reduce union workers’ pensions by €13,400, think tank Center for Politiske Studier (CEPOS) has revealed in an analysis


29/05/2019

Allianz Global Investors (Allianz GI) and HSBC have partnered to launch a fund that will grant institutional investors access to the trade finance market


28/05/2019

Women in Europe are still falling behind in retirement savings due to gender pay gaps and bad maternity leave coverage, according to experts at the eighth annual World Pensions Forum in Brussels


28/05/2019

The Norwegian pension provider KLP has decided to sell all of its shares, worth just under NOK 3bn, in companies which produce alcohol, gambling and pornography


28/05/19

The trustees of Dunnes Stores' UK defined contribution pension scheme have been replaced by The Pensions Regulator (TPR) to protect savers


24/05/2019

A framework for the French pension reform is due to be published by the high commissioner in the coming weeks, the attendees at the World Pension Forum in Brussels heard


24/05/2019

The interest in cross-border, pan-European pension solutions is increasing across different stakeholders across Europe, following the Pan-European Personal Pension Product (PEPP) adoption, according to Cross-Border Benefits Alliance-Europe (CBBA) secretary Francesco Briganti


24/05/2019

Pension funds end up indirectly supporting blacklisted companies when they invest in banks which underwrite debt and equity capital, according to Oxford research


23/05/19

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


23/05/19

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


23/05/19

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


22/05/2019

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


22/05/2019

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


22/05/2019

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


21/05/2019

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


21/05/2019

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


21/05/2019

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


20/05/2019

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


20/05/2019

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


20/05/2019

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


17/05/2019

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


17/05/2019

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


17/05/2019

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


16/05/2019

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


16/05/2019

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


16/05/2019

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


15/05/2019

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


15/05/2019

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


15/05/2019

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


15/05/2019

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


14/05/2019

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


14/05/2019

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


14/05/2019

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

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


13/05/2019

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


13/05/2019

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


13/05/2019

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


10/05/2019

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


10/05/2019

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


10/05/2019

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


09/05/2019

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


09/05/2019

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


09/05/2019

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


09/05/2019

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


08/05/19

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


08/05/19

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


08/05/19

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


08/05/19

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


07/05/2019

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


07/05/2019

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


07/05/2019

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


03/05/2019

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


03/05/2019

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


03/05/2019

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


02/05/2019

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


02/05/2019

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


02/05/2019

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


01/05/2019

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


01/05/2019

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


01/05/2019

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


30/04/2019

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


30/04/2019

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


30/04/2019

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


29/04/19

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


29/04/19

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


29/04/19

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

The positive return was a result of positive markets


26/04/2019

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


26/04/2019

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


26/04/2019

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


25/04/2019

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


25/04/2019

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


25/04/2019

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


25/04/2019

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


24/04/2019

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


24/04/2019

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


24/04/2019

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


24/04/2019

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


23/04/2019

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


23/04/2019

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


23/04/2019

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


18/04/2019

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


18/04/2019

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


18/04/2019

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


17/04/2019

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


17/04/2019

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


17/04/2019

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


17/04/2019

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


16/04/2019

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


16/04/2019

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


16/04/2019

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


16/04/2019

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


15/04/2019

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


15/04/2019

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


15/04/19

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


12/04/2019

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


12/04/2019

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


12/04/2019

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


11/04/2019

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


11/04/2019

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


11/04/2019

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


10/04/2019

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


10/04/2019

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


10/04/2019

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


09/04/2019

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


09/04/2019

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


09/04/2019

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


08/04/2019

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


08/04/2019

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


08/04/2019

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


08/04/2019

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


05/04/2019

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


05/04/2019

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


05/04/2019

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


04/04/2019

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


04/04/2019

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


04/04/2019

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


03/04/2019

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


03/04/2019

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


03/04/2019

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


02/04/2019

The shortlist for the 2019 European Pensions Awards has been revealed


02/04/2019

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


02/04/2019

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


02/04/2019

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


01/04/2019

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


01/04/2019

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


01/04/2019

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


29/03/2019

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


29/03/2019

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


28/03/2019

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


28/03/2019

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


28/03/2019

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


28/03/2019

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


27/03/2019

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


27/03/2019

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


27/03/2019

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


26/03/2019

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


26/03/2019

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

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


26/03/2019

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


25/03/2019

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


25/03/2019

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


25/03/2019

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


22/03/2019

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


22/03/2019

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


22/03/2019

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


21/03/2019

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


21/03/2019

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


21/03/2019

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


20/03/2019

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


20/03/2019

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


20/03/2019

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


19/03/2019

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


19/03/2019

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


19/03/2019

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


18/03/2019

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


18/03/2019

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


18/03/2019

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


14/03/2019

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


14/03/2019

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


15/03/2019

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


14/03/2019

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


14/03/2019

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


14/03/2019

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

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


13/03/2019

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


13/03/2019

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


13/03/2019

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


12/03/2019

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


12/03/2019

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


12/03/2019

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


11/03/2019

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


11/03/2019

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


11/03/2019

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


08/03/2019

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


08/03/2019

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


08/03/2019

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


08/03/2019

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


07/03/2019

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


07/03/2019

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


07/03/2019

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


06/03/2019

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


06/03/2019

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


06/03/2019

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


05/03/2019

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


05/03/2019

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


05/03/2019

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


05/03/2019

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


04/03/2019

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


04/03/2019

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


04/03/2019

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


01/03/2019

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


01/03/2019

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


01/03/2019

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


28/02/2019

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


28/02/2019

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


28/02/2019

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


27/02/2019

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


27/02/2019

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


27/02/2019

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


27/02/2019

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


26/02/2019

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


26/02/2019

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


26/02/2019

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


26/02/2019

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


25/02/2019

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


25/02/2019

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


25/02/2019

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


25/02/2019

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


25/02/2019

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


22/02/2019

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


22/02/2019

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


22/02/2019

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


21/02/2019

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


21/02/2019

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


21/02/2019

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


20/02/2019

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


20/02/2019

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


20/02/2019

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


20/02/2019

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


19/02/2019

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


19/02/2019

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


19/02/2019

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


18/02/2019

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


18/02/2019

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


18/02/2019

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


15/02/19

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


15/02/2019

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


15/02/2019

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


15/02/2019

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

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


14/02/2019

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


14/02/2019

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


14/02/2019

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


14/02/2019

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


13/02/2019

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


13/02/2019

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


13/02/2019

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


12/02/2019

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


12/02/2019

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


12/02/19

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


11/02/2019

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


11/02/2019

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


11/02/19

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


11/02/2019

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


08/02/2019

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


08/02/2019

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


08/02/2019

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


07/02/2019

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


07/02/2019

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


07/02/2019

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


07/02/2019

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


06/02/2019

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


06/02/2019

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


06/02/2019

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


06/02/2019

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


06/02/2019

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


05/02/2019

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


05/02/2019

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


05/02/2019

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


04/02/2019

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


04/02/2019

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


04/02/2019

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


04/02/2019

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


01/02/2019

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


01/02/2019

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


01/02/2019

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


01/02/2019

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


31/01/2019

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


31/01/2019

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


31/01/2019

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


30/01/2019

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


30/01/2019

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


30/01/2019

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


29/01/2019

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


29/01/2019

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


29/01/2019

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


29/01/2019

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


28/01/19

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


28/01/19

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


28/01/19

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


28/01/19

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


25/01/19

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


25/01/1

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


25/01/19

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


24/01/2019

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


24/01/2019

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


24/01/2019

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


24/01/2019

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


23/01/2019

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


23/01/2019

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


23/01/19

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


23/01/2019

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


22/01/2019

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


22/01/2019

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


22/01/2019

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


21/01/2019

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


21/12/18

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


21/01/2019

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


18/01/2019

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


18/01/2019

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


18/01/2019

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


17/01/2019

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


17/01/2019

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


17/01/2019

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


16/01/2019

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


16/01/2019

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


16/01/2019

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


15/01/2019

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


15/01/2019

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


15/01/2019

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


14/01/2019

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


14/01/19

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


14/01/2019

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


11/01/2019

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


11/01/2019

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


11/01/2019

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


10/01/2019

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


10/01/2019

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


10/01/2019

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


10/01/2019

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


09/01/2019

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


09/01/2019

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


09/01/2019

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


09/01/2019

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


08/01/2019

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


08/01/2019

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


08/01/2019

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


07/01/2019

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


07/01/2019

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


07/01/2019

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


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