Latest News

Icelandic pension funds see supervisory fees surge 154% over two decades


By Natalie Tuck

Icelandic pension funds have seen their supervisory fees increase by 154 per cent over the past two decades, despite the number of funds falling by more than half during the same period, according to Icelandic Pension Funds Association chair of the board, Jón Ólafur Halldórsson.

In an article originally published in Icelandic business newspaper Viðskiptablaðið, Halldórsson stated that, adjusted for January 2026 prices, 43 pension funds paid a combined ISK 196m in supervisory fees in 2006, while fewer than half that number of funds paid ISK 486m at the beginning of 2026


Check out our latest news

Austria’s Vida calls for measures to increase women's incomes before reforming pensions

Austria's transport and services union, Vida, has called for measures to increase women's incomes rather than introducing pension reforms that it argued would disadvantage female workers, as the country marks Equal Pension Day on 9 August
News in brief: 7 August

The latest news in brief and mandates from the past seven days

Finland's YEL reform proposal does not achieve govt objectives – Tela

The Finnish Pension Alliance (Tela) has warned that the proposed reform of Finland's Self-Employed Persons' Pensions Act (YEL) does not achieve the government's objectives and should be amended before it is considered by parliament
German film pension agreement seeks extension to entire sector

A German collective agreement that established an occupational pension scheme for film workers is set to be extended across the entire sector, after trade union ver.di and industry partners applied for the agreement to be declared universally binding

Austrian trade unions call for reform to close gender pension gap

Austrian trade unions have called for reform to close the country’s gender pension gap ahead of Equal Pension Day on 9 August, highlighting that women’s pensions are 39.4 per cent lower than men’s on average, equivalent to 144 days of pension income
Aon UK plans introduction of multi-employer CDC section within its master trust

Aon UK has announced its intention to introduce a whole-of-life multi-employer collective defined contribution (CDC) section into its DC master trust from 2028


View More News

Latest Podcasts

View More Podcasts

View Videos

Check out our latest appointments

Check out our latest features

Over the line

After years of delays, Ireland’s auto-enrolment system has finally crossed the try line. But while MyFutureFund has been welcomed as a landmark reform, concerns remain over aspects of its implementation and the wider changes reshaping the pensions landscape. David Adams reports

The resilience shield

European pension funds are redefining resilience as geopolitical instability, climate risk and digital dependence reshape the landscape. Beyond funding and investment risk, regulators are now focused on operational vulnerabilities – from cyber threats to reliance on non‑European IT providers – raising new questions about the role of pensions as critical financial infrastructure. Ellie Carric reports

The dollar dilemma

Currency hedging is back in focus as doubts emerge over the dollar’s traditional role as a safe haven. Against a backdrop of heightened volatility, European pension funds are reviewing their exposure to foreign exchange risk and the opportunities hedging can offer. Lynn Strongin Dodds reports

Sweden’s pension balancing act

Skandia head of public and regulatory affairs, Mattias Munter, speaks to Callum Conway about the strengths of Sweden’s multi-pillar pension system, the lessons from recent governance controversies, and why adequacy, trust and private savings reform will shape the sector’s future

Building better retirement outcomes

Financial Planning Standards Board (FPSB) Ireland CEO, Emer Kirk, speaks to David Adams about the impact of Ireland’s new auto-enrolment system and other recent and proposed changes to the country’s pension system

Built for another era

Recent pension reforms in Germany sought to reduce the pressure on the first-pillar system while encouraging growth in the secondand third-pillar schemes. How successful have they been?

The cost compass

The continent’s pension sector is rethinking fees and costs as regulators, providers and policymakers shift the debate from price alone in search for value for money, transparency and better longterm outcomes for savers. Pete Carvill reports

Joining forces

Paige Perrin explores the current trend of consolidation in the Icelandic pension sector and the wider impacts of a more concentrated market structure on competition, ownership and financial stability

Investing for the future

APK Pensionskasse AG chief investment officer, Manfred Brenner, sits down with Paige Perrin to discuss the fund’s investment priorities, its outperformance of the market and the upcoming changes to the Austrian pension system

Ask the industry

With artificial intelligence (AI)-related pension complaints appearing in Belgian

Pensions Ombudsman cases for the first time, is the wider European pensions industry prepared for a surge in saver-led decisions driven by AI? And what responsibility does the industry have to intervene?

Waiting for take off

After years of being ignored by pension providers and savers, might a new phase of growth lie ahead for the Pan-European Personal Pension (PEPP)? David Adams reports on policymakers’ latest attempts to turn a good idea into a useful, mainstream product

Bursting under the pressure

Belgium’s Arizona coalition is facing mounting pressure as it looks to push through sweeping pension reforms. Sandra Haurant explores whether the changes will bring more unrest than solutions

View More Features

Podcast: Stepping up to the challenge
In the latest European Pensions podcast, Natalie Tuck talks to PensionsEurope chair, Jerry Moriarty, about his new role and the European pension policy agenda

Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.

In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.

Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows

Advertisement
© 2019 Perspective Publishing     Privacy & Cookies