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Established 1996
Sunday 19 January 2020

LATEST NEWS 

17/01/20

The Irish Pensions Authority has successfully prosecuted Rock Solution Options Ltd, as it failed to comply with a request for information made by the authority


17/01/20

Romania’s second pillar pension system achieved an average return of 11.8 per cent in 2019, its best performance in nine years, the Association of Private Pension Managers in Romania (APAPR) said.

The total return achieved by all pillar II funds from the funds’ launch (20 May 2008) to the end of 2019 was 154 per cent, giving an average annualised return of 8.35 per cent for the entire period of Pillar II operation


17/01/20

More than 630,000 Swiss pension pots with around CHF 3bn (€2.8bn) worth of assets are currently left dormant in Switzerland, according to deVere Group


16/01/20

The Treasury is preparing to give tax relief to those earning more than £110,000 in an attempt to solve the NHS pensions crisis


16/01/20

The Credit Suisse pension index increased by 2.08 per cent in the fourth quarter of 2019, equivalent to 3.79 points


15/01/20

Investors are expecting an increase in the level of investment from pension funds in long income property over the next two years, research from Alpha has revealed


15/01/20

Finnish people are now able to calculate the impact family leave has on their future pension, as the Finnish Centre for Pensions launches a new calculator aimed to tackle the gender pensions gap


15/01/20

Momentum Pensions Group has hired Susan Brooks as its new managing director for its international business incorporating Malta, Gibraltar and Isle of Man into operations


14/01/20

Former Renault chairman and CEO, Carlos Ghosn, is reportedly suing the car manufacturer over a €250,000 pension payment


14/01/20

The UK's Investment Association (IA) has issued a ‘red-top’ to WH Smith after it revealed its chief executive, Carl Cowling, is receiving a pension contribution of 12.5 per cent of his salary


14/01/20

A new law detailing the provision of occupational pension schemes will come into force on 7 February 2020 in Romania, according to local daily newspaper Adevarul


13/01/20

The Swedish Investment Fund Association has criticised the government’s plans to shake-up the premium pension system by prioritising index funds over actively managed funds


13/01/20

Danish pension provider, MP Pension, returned 15 per cent in 2019, equal to DKK 16.4bn (€2.2bn), it has revealed


13/01/20

French Prime Minister Edouard Philippe has backed down on plans to increase the age at which French citizens become eligible for a full pension, following strikes and protests against the changes


10/01/20

Finnish pension insurance company Veritas has appointed Kari Vatanen as its new chief investment office, who joins from Varma Mutual Pension Insurance Company


10/01/20

The French government has shared a draft of its pension reform bill with trade unions and social partners, according to a report by AFP


10/01/20

Länsförsäkringar savers’ interest in Swedish funds, and hedge funds, dropped in 2019, the pension provider has said


10/01/20

Swedish pension provider Länsförsäkringar Fondliv has appointed Mathias Collén as its new CEO


09/01/20

Almost a third (30 per cent) of investment managers are still not considering environmental, social and governance (ESG) factors across all asset classes, LCP’s has revealed


09/01/20

France’s pension reform bill is to be presented to the Council of Ministers on 24 January, the government has revealed


09/01/20

Register now for the 2020 Sustainable Investment Summit, a one-day event that brings together experts in the field of sustainable investment


08/01/20

A bill put forward by Ireland’s Sinn Féin party to prevent the upcoming state pension age increases is to be debated in the Dáil in the coming weeks


08/01/20

Swedish municipal employees enrolled in either the KAP-KL or AKAP-KL pension schemes are now able to choose Länsförsäkringar as their provider


08/01/20

Alliance Bernstein (AB) has hired Alexander Hoffmann as head of its global financial intermediaries and Markus Rottler as director, sales in DACH (Germany, Austria and Switzerland)


08/01/20

The Danish pension sector has purchased €17.26bn (DKK 129bn) in foreign bonds since January 2018


07/01/20

Irish managed pension funds ended the decade on a high as 2019 saw funds average returns of 20.6 per cent over the year, the best year since 2009


07/01/20

Sweden’s AP1 fund has revised its return target for the decade due to low return expectations for most asset classes over the next 10 years


07/01/20

The combined deficit of private sector defined benefit schemes belonging to UK FTSE 350 companies ended the year at £40bn, which was £1bn less than the end of 2018


06/01/20

Six in 10 Irish workers had pension coverage in Q3 of 2019, an increase of three percentage points on the same period in 2018, according to the country’s Central Statistics Office


06/01/20

French Prime Minister Edouard Philippe is set to resume talks with trade union leaders on Tuesday (7 January) on the country’s proposed pension reforms


23/12/19

As 2019 draws to a close, European Pensions takes a look back at some of the biggest and most read stories from the year


23/12/19

Net sales of UCITS and alternative investment funds (AIFs) reached €43bn in October, according to the European Fund and Asset Management Association (EFAMA)


23/12/19

Danish pension provider, PKA, is to build 2,600 serviced senior housing in a partnership with English-based company, Audley Group


23/12/19

One in 10 Finnish pensioners aged between 63-67 continue to work in retirement, according to research by the Finnish Centre for Pensions (ETK)


19/12/19

Europe’s public sector pension funds have adopted environmental, social and governance (ESG) principles, the European Association of Public Sector Pension Institutions (EAPSPI) has revealed


20/12/19

Norges Bank Investment Management (NBIM), on behalf of the Government Pension Fund Global (GPFG), has signed an agreement to sell two office buildings in Munich


19/12/19

The Association of the Luxembourg Fund Industry (Alfi) has revealed that pensions is one of its four areas of priority for 2020


19/12/19

The European Court of Justice (ECJ) has ruled that pension lifeboat funds do not have to pay 100 per cent of member benefits


18/12/19

The European Parliament has approved an updated version of the EU sustainable investment deal which was agreed by member states earlier this week


18/12/19

The proposed changes to the French pension system would increase the inequalities between poorer and wealthier citizens, according to Paris 8 University professor of political science, Éric Fassin


18/12/19

European pension schemes are at risk of large shortfalls in the event of adverse market scenarios, the European Insurance and Occupational Pensions Authority (EIOPA) has revealed


17/12/19

Registration is now open for the 2020 Sustainable Investment Summit, a one-day event that brings together experts in the field of sustainable investment


17/12/19

Estonian opposition MPs in the Reform Party have made 739 proposed amendments to the government’s pension bill, which plans to make the mandatory second pension voluntary


17/12/19

Jean-Paul Delevoye, the man behind France’s pension reform plans, has resigned from his role as high commissioner due to taking on outside work


17/12/19

The president of the Danish Trade Union Federation (FH) has criticised the decision to award pension provider, ATP, the job of administering the country’s new senior pension


16/12/19

Dutch pension investment giant APG has entered into a joint venture with London Central Portfolio (LCP) to invest in a series of hotels in London


16/12/19

Sweden’s AP7 has added four new companies to its investment blacklist, including a trio of firms involved in nuclear weapons


16/12/19

The Danish government and pension sector representatives have joined forces to support an international campaign to get more investment into assets supporting the green transition


13/12/19

Paris-based asset manager TOBAM has announced the launch of its Anti-Benchmark Switzerland Equity Strategy, following its launch in August 2019 with CHF75m of seed investment from a Swiss pension fund


13/12/19

Danish pension provider Velliv has announced it is now 100 per cent owned by its customers after its holding company Velliv Foreningen (Velliv Association) purchased the remaining shares in the company from financial group Nordea


13/12/19

Environmental pressure group Fossielvrij NL has claimed that Pensioenfonds Zorg en Welzijn (PFZW), the Dutch pension fund for the care and welfare sector, has increased its investments in the fossil fuel industry, despite a promise in 2015 to divest


12/12/19

Centric, a Dutch IT company, is in talks with pensions administration company AGH with a view to completing a takeover in 2020


12/12/19

Swedish pension investment provider SPP Funds has announced a plan to make its entire fund range fossil-free


12/12/19

APG, the Netherlands’ largest pension fund investor, has acquired a 64 per cent stake in a German North Sea wind farm for an undisclosed sum


11/12/19

Danish pension fund PFA has entered into an agreement with the South Korean pension fund The Public Official Benefit Association (POBA) and pan-European real estate investment manager Patrizia to purchase a portfolio of modern logistics properties across Europe


11/12/19

The aggregate value of insurance and pension companies’ balance sheets was more than 200 per cent of Denmark’s gross domestic product at the end of the third quarter of 2019, according to new quarterly statistics published by the Danish central bank


11/12/19

Germany’s largest public pension scheme Bayerische Versorgungskammer (BVK) has acquired a retail portfolio in Switzerland from a family office via Universal-Investment


10/12/19

Defined contribution (DC) pensions should pay more heed to the decumulation phase after retirement and provide appropriate solutions, as people continue to live longer and countries cut back on “first pillar” pension provision, a new PensionsEurope paper has concluded


10/12/19

Finnish pension company Varma has developed an exchange-traded fund (ETF), together with Legal & General Investment Management (LGIM) and index investment company Foxberry, which allocates to US equities and takes sustainability criteria into account


10/12/19

Swedish pension buffer fund AP1 has announced its plans to switch to internal passive or systematic management as part of a number of changes to its equity strategies.

The changes come after Första AP-fonden carried out an analysis and evaluation of all its equity strategies during the spring and autumn of this year and found that, in some cases, the return targets had not been achieved


9/12/19

APG, the Netherlands’ largest pension fund investor, has teamed up with property specialist Delancey to buy land for development in the Earl’s Court area of London


9/12/19

KLP, Norway’s largest pension fund, has removed G4S from its investment universe and portfolio, citing the risk of human rights violations


9/12/19

Swedish pension buffer fund AP1 has announced that its head of equities Olof Jonasson has left the organisation after it emerged he breached trading rules.

It is the second major staff departure connected to trading rule breaches after former CEO Johan Magnusson was dismissed in September


06/12/19

Danish pension provider, Sampension, has invested DKK 300m (€40m) in green bonds from Ireland and Germany


06/12/19

Irish managed pension funds returned 2.6 per cent over the month of November, according to Rubicon Investment Consulting


06/12/19

The Swedish arm of Danica Pension, which was sold by Danske Bank last year, is to change its name to Futur Pension on 10 February 2020, it has been reported


05/12/19

French citizens across the country have begun strike action today, 5 December, against the government’s planned pension reforms


05/12/19

Smart Pension and Revolut have joined forces to provide a retirement savings solution for business customers across Europe


04/12/19

Germany energy provider, Innogy, has transferred its employees to Willis Towers Watson’s (WTW) Pensionsfonds AG multi-employer scheme


04/12/19

The deficit of UK defined benefit (DB) pension schemes dropped from £220bn to £190bn during November, bringing it to its lowest point since May, according to the latest PwC Skyval Index


04/12/19

Eighty-three per cent of institutional investors believe there will be global downturn within the next five years, research has found


04/12/19

Pension funds will be able to benefit from a new research initiative that provides a platform for European institutional asset owners to share intelligence and insights on their asset allocation activity and expected future investment intentions


04/12/19

The Finnish government is planning on merging the country’s private and public pension systems


03/12/19

Norges Bank Investment Management (NBIM) has revoked the exclusion of Petroleo Brasileiro SA (Petrobras) on behalf of the country’s Government Pension Fund Global (GPFG)


03/12/19

Unilever has announced a number of proposals for the defined benefit section of its UK hybrid scheme, including the introduction of a ‘benefits envelope’ for all employers


03/12/19

Aon will no longer offer clients in the Netherlands the option to transfer to its cross-border pensions solution, United Pensions, due to the country’s implementation of the European Union’s (EU) IORP II Directive


02/12/19

The ageing demographic across Europe is a “driving force” of low interest rates, according to the European Central Bank’s member of the executive board, Philip Lane


02/12/19

Fourteen per cent of Europe’s pension funds will invest more in direct lending in the next two years, according to Cerulli Associates


02/12/19

The traditional insurance funds of Sweden’s premium pension is now fossil free, after it began divesting from companies in 2016


02/12/19

Pension funds across Europe expect to go into the next recession with their finances weaker than ever, according to a report by Amundi Asset Management


29/11/19

The Swiss asset management industry believes that negative interest rates, which is having a detrimental impact on pension funds, are likely to last until 2022


29/11/19

Norges Bank Investment Management (NBIM) has highlighted the challenge of analysing the climate risk of its investments due to the limited availability of high-quality and relevant data


29/11/19

Almost half of British people (47 per cent) are not interested in introducing a Dutch-style collective defined contribution scheme (CDC) to the UK, according to research by LCP


28/11/19

The French Prime Minister Edouard Philippe has said the government still intends to push ahead with its planned pension reform to switch to a universal system but it will “take the time” it needs to get there


28/11/19

Negotiations for the implementation of a social security agreement between Finland and Japan, held at both the Finnish Centre for Pensions and the Ministry of Social Affairs and Health, have entered final stages this week


28/11/19

Germany’s public pension expenditure is projected to increase to 12.5 per cent of gross domestic product (GDP) by 2060, up from 10 per cent today, according to the OECD


27/11/19

Schroders has appointed Frederik Eritsian-Hansen as client director, to help spearhead the firm’s growth strategy in Denmark


27/11/19

The OECD has warned governments to “urgently reform their pension systems” to ensure that the increasing numbers of workers in temporary or part-time employment can contribute enough during their working lives to receive an adequate income in retirement


27/11/19

The asset management industry is being warned that as climate change becomes an “increasing priority” pension funds around the world will likely require their own asset managers to demonstrate recognition of the issue


27/11/19

Pension Danmark has entered into a partnership with the Ballerup Municipality to develop a sustainable urban and commercial area in Kildedal, Denmark, which will include the construction of 1,000 homes


27/11/19

Spain should equalise the pension contributions of the self-employed and employed in order to improve the pension prospects of the self-employed, according to the OECD


26/11/19

The Romanian government should reconsider the scope and timetable of the country’s pension reform to reduce its fiscal deficit, according to the OECD


26/11/19

A major increase in immigration, or an equivalent reduction in migration, would ease the pressure on Finnish pension finances, according to the Finnish Centre for Pensions (ETK)


26/11/19

Dutch pension fund PGGM and Shell have lost out on a bid for sustainable energy provider, Eneco, to a Japanese consortium led by Mitsubishi


26/11/19

European pension funds and sovereign wealth funds investing in emerging markets are driving up environmental, social and governance standards in the countries, according to a report


25/11/19

The European Pensions Awards 2020 are now open for entries


25/11/19

German fund industry association, BVI, has presented a plan to simplify Riester pension schemes, the country’s voluntary private pension schemes


25/11/19

Norges Bank Investment Management (NBIM), on behalf of the Government Pension Fund Global (GPFG) has acquired a 45 per cent share in a US real estate portfolio for US$896m (€813.6m)


22/11/19

NHS England has confirmed an emergency plan to allow pension tax bills incurred by doctors to be paid through the ‘scheme pays’ option, in an open letter sent to leaders of the British Medical Association, Unison and a range of Royal Colleges


22/11/19

The Swedish government has submitted its proposals to change the investment rules of the first four AP funds to the Law Council


22/11/19

The winners of the eighth annual Irish Pensions Awards were announced on Wednesday night at the highly anticipated annual gala dinner in the ballroom of the stunning five star Shelbourne Hotel in Dublin


20/11/19

Bulgarian pensioners below the poverty line are to receive an additional BGN 40 (€20) to their pension benefits in December as part of the government's pension policy


20/11/19

Two of Denmark's largest pension providers, ATP and PFA, have hired margin specialist, OpenGamma, to optimise derivatives for Danish pension schemes in preparation for new rules


19/11/19

Millions of Dutch pensioners will avoid the potential cuts to their retirement income next year as the government has agreed to give pension schemes another year to cope with funding issues


19/11/19

The Dutch Association of Investors for Sustainable Development (VBDO) has revealed that Pensioenfonds ABP scored highest in its responsible investment policy survey of Dutch pension schemes


18/11/19

The Finnish Ministry of Social Affairs and Health has confirmed the life expectancy coefficient for those whose pension starts in 2020 or later will be 0.95404


18/11/19

European Organization for Nuclear Research (CERN) Pension Fund has reappointed Buck as its scheme actuary for another four years


18/11/19

The Dutch government is expected to take action this week to try and avoid a potential pension crisis as the nation’s pensioners face retirement cuts for the first time in 2020


15/11/19

Urgent action is needed to address the possibility of a global pensions crisis as life expectancy increases have not been matched by pension policy, according to Group of Thirty (G30)


15/11/19

Pension providers in Europe have been encouraged to enter the multi-employer cross-border pensions market by a panel of sponsoring employers and pension fund managers


15/11/19

Two fifths (40 per cent) of Swiss workers between the ages of 50 and 64 want to continue working beyond retirement age, research from Deloitte has revealed


14/11/19

The European Insurance and Occupational Pensions Authority (EIOPA) could revisit a defined contribution cross-border pension product in the future if there is “demand and appetite” for such a product, its executive director, Fausto Parente, hinted


14/11/19

Norges Bank Investment Management (NBIM) has excluded the company G4S from the Government Pension Fund Global (GPFG) due to the ‘unacceptable risk’ that the company contributes, to or is responsible for, serious or systematic human rights violations


14/11/19

The French Public Service Additional Pension Scheme (ERAFP) has announced that it is aligning its socially responsible investing (SRI) policy with the objectives of the Paris Agreement


08/11/19

Folksam, KPA and SPP have been named as the leading pension companies for responsible and sustainable investments in Sweden


08/11/19

The average amount of money a pension scam victim in the UK loses is the equivalent to losing 22 years’ worth of savings in 24 hours


08/11/19

Forty-seven per cent of French citizens are not in favour of the government’s planned pension reforms, according to a poll conducted by Elabe


07/11/19

Romanian savers’ enquiries to a pension information website about pillar II pensions has increased by 145 per cent year-on-year, according to the country’s Financial Supervisory Authority (ASF)


07/11/19

A week before their annual event, Francesco Briganti, secretary general of the Cross Border Benefits Alliance – Europe, talks to European Pensions about the huge strides the association is taking in the fight for cross-border freedom


07/11/19

Irish managed pension funds suffered average losses of 0.1 per cent over the month of October, according to Rubicon Investment Consulting


07/11/19

The Polish government has approved a pension reform that will see all state-guaranteed private pension funds transferred to individual retirement accounts, according to a report by Reuters


06/11/19

Danish pension provider ATP has appointed Mikkel Svenstrup as its new chief investment officer for the DKK 900bn fund


06/11/19

The director general of Sweden’s financial supervisory authority, Finansinspektionen, has highlighted the risks of the current negative interest rate environment on occupational pension providers


06/11/19

The Bank of Estonia (Eesti Pank) has published further analysis of the country’s planned pension reforms, which involves making the second pillar non-compulsory


05/11/19

Three quarters of employers believe that the current pension tax structure is too complicated and needs simplification, according to the Association of Consulting Actuaries (ACA)


05/11/19

Net sales of UCITS and alternative investment funds (AIFs) totalled €69bn in August, lower than the €94bn recorded in July, according to the European Fund and Asset Management Association (EFAMA)


05/11/19

Italian pension fund for the trade, tourism and service workers pension fund, Fon.Te, has awarded Payden and Rygel a €230m mandate


04/11/19

The pension deficit for FTSE 350 firms decreased by £9bn in October to £41bn in a volatile month, Mercer has revealed


04/11/19

A report into Sweden’s premium pension system has concluded that the system does need to be reformed and its proposals should be implemented no later than December 2023


04/11/19

Romania’s seven mandatory private pension fund managers returned RON 147.5m (€31m) in the first half of 2019, according to data compiled by Profit.ro


01/11/19

The Swiss National Bank (SNB) has ruled out altering its negative interest rate policy or supporting the country’s ailing pension funds with cash injections


01/11/19

Finland’s decision in 2017 to raise its state pension age has not had a significant impact on people claiming ill-health retirement benefits, according to the Finnish Centre for Pensions (ETK)


01/11/19

The Estonian government has published its plans for pension reform, which involve removing the mandatory status of the second pillar


31/10/19

Belgian financial services group KBC is to launch a multi-employer pension fund in January


31/10/19

Ireland has taken a major step towards introducing its long-awaited auto-enrolment pension system with the publication of its proposed design for the regime


31/10/19

Germany’s financial regulator has urged major asset owners to protest against the European Central Bank’s (ECB) ultra-low interest rate policy


30/10/19

Total global retirement assets declined in 2018, according to the OECD, on the back of weak equity markets in the fourth quarter of the year


30/10/19

The outlook for global inflation has reached a “worryingly low level” as economic growth has fallen, according to the CIO of one of Finland’s biggest pension providers


30/10/19

Yngve Slyngstad, the chief executive of Norges Bank Investment Management (NBIM), has announced his intention to step down from his role overseeing Norway’s NOK 10trn (€976bn) Government Pension Fund Global (GPFG)


29/10/19

Dutch transport sector pension fund Vervoer’s coverage ratio fell below 100 per cent during the third quarter of 2019 as interest rates continued to hurt the Netherlands’ retirement system


29/10/19

Swedish pension provider AMF reported a 10.2 per cent investment return in the first three quarters of 2019, according to an interim report


29/10/19

Sweden’s biggest pension fund Alecta has invested SEK6.2bn (€574m) in residential real estate firm Heimstaden Bostad


28/10/19

Finland’s largest pension fund Keva posted a 9.6% return for the first nine months of 2019, according to its latest results statement


28/10/19

The €1.5bn pension fund for the Dutch agriculture and food supply trade (AVH) is in talks with multi-sector scheme PGB with a view to merging next year


28/10/19

The Netherlands’ largest pension fund is to acquire a 39 per cent stake in a leading provider of car parking facilities


25/10/19

Low birth rates in Finland will cause a “pronounced pressure” on the pension contribution rate in the long term, according to the Finnish Centre for Pensions


25/10/19

The Swedish Pensions Authority has blasted a second firm for making false claims about a collaboration is has with the authority


25/10/19

The Swedish government’s proposals for the upcoming occupational pensions bill are “weakening the Swedish model”, according to the Alliance parties


25/10/19

Norway’s Government Pension Fund Global (GPFG) has reached a value of NOK 10,000bn, Norges Bank Investment Management (NBIM) has revealed


24/10/19

The latest mandates and news in brief from the past week


24/10/19

The updated UK Stewardship Code will require pension schemes to declare whether they have taken environmental, social and governance (ESG) factors into account when investing member funds


24/10/19

Danish pension provider, ATP, which is the biggest provider in the country, has achieved its highest ever return of DKK 36.9bn in the first three quarters of 2019


23/10/19

Swedish pension provider Alecta has revealed that its defined benefit plan returned 10.6 per cent in the first three quarters of 2019


23/10/19

Former workers of Ireland’s state-owned electricity provider, ESB, are intending to protest outside the Dáil today, 23 October, urging the government to remove the 10-year freeze on pension increases


23/10/19

Norges Bank Investment Management (NBIM), which looks after the Government Pension Fund Global (GPFG), has welcomed a proposal by the Securities and Exchange Commission (SEC) to include human capital resources as a disclosure requirement


23/10/19

Belgians are collectively practicing “the politics of the ostrich” when it comes to financial planning for retirement, according to NN Insurance Belgium CEO Jan Van Autreve


22/10/19

Around half a million Greek pensioners are set to get an average increase of €52.2 per month, according to a report Ekathimerini.com


22/10/19

An increase in pension premiums and one-off supplements could leave Hungarian retirees Ft 30,000 (€100) better off in November, according to its Ministry of Human Resources


22/10/19

An additional 64 institutional investors have filed lawsuits against Danske Bank A/S asserting fraud claims against the bank tied to the bank’s money laundering scandal


22/10/19

The volume of assets placed in Swiss investment funds increased by 1 per cent (CHF 12bn) in September, ending the month on CHF 1,181.3bn, according to data compiled by Swiss Fund Data AG and Morningstar


22/10/19

The French public sector additional pension fund, ERAFP, has launched a call for tender to renew its convertible bond management mandates


22/10/19

The financial position of Dutch pension funds deteriorated further in the third quarter of 2019 with 70 funds now below the 104.2 per cent statutory minimum funding ratio, according to De Nederlandsche Bank


21/10/19

The UK's Financial Conduct Authority (FCA) has called on pensions policy to be simplified for consumers due to the overly complex nature of defined contribution schemes


21/10/19

Germany’s social partner model, a new defined contribution type of pension, has lift off as insurance company Talanx AG and trade union Vereinte Dienstleistungsgewerkschaft (Ver.Di) reached an agreement in their negotiations to establish the first social partner model pension in the country


21/10/19

Every European country to feature in the latest Melbourne Mercer Global Pension Index received a minimum of a C grade, with Denmark and the Netherlands taking the top spot achieving an A grade


21/10/19

Norges Bank Investment Management (NBIM), which looks after the Government Pension Fund Global (GPFG), has acquired a 50 per cent share in a UK logistics property for £35.1m


18/10/19

An escalation in conflicts between superpowers is considered the greatest risk to the global economy over the next five years, according to a poll of PLSA Annual Conference attendees


18/10/19

The UK's Pensions Minister Guy Opperman has called on pension schemes to act now on equalising guaranteed minimum pensions (GMP) payments


18/10/19

In 10 year’s time “you will not find any defined benefit systems” in the Netherlands, Dutch Federation of Pension Funds head of Brussels office and special adviser to the board, Theo Langejan, has said


17/10/19

The Estonian coalition government has said that it aims to pass its pension reform bill before Christmas


17/10/19

Dutch pension fund, ABP, has said it will be very likely reducing pensions in 2020 and the years beyond


17/10/19

State Street Global Advisor’s latest Brexometer research has found that 71 per cent of global institutional investors expect a Brexit deal to have a positive impact on global markets


16/10/19

A committee of experts in Greece are to recommend that the country adopts a new funded auxiliary social security scheme from 2021, according to a report by Ekathimerini


16/10/19

The Swedish Pensions Authority has blasted Livia Pension for lying about a partnership it has with the authority


16/10/19

The Italian government has submitted its budget plans to the European Commission which contained changes to its pensions system


15/10/19

Pensioenfonds ING has selected Robeco as a partner in its sustainable investments policy


15/10/19

Norges Bank Investment Management (NBIM), which is responsible for the investments of the Government Pension Fund Global (GPFG), has raised concerns over the Principles for Responsible Investment’s (PRI) focus on enabling real world impact


15/10/19

The Bank of Estonia has said that plans by the government to make the country’s second pillar pension system voluntary would not benefit pensioners in the long term


14/10/19

Global institutional investors will nearly triple their divestments from fossil fuels in the next decade, according to Octopus Group


14/10/19

The Swedish Pension Authority has said it will use an increased budget to recruit around 70 new employees


14/10/19

Falco Valkenburg has been appointed as chairperson by the Actuarial Association of Europe (AAE), and will remain in the position until October 2020


11/10/19

The Danish Financial Supervisory Authority (FSA) has warned pension schemes in Denmark that their investments into sustainable energy must not sacrifice returns


11/10/19

A former Prime Minister of Sweden, Göran Persson, has said that more money must be added to the country’s pension system


11/10/19

Sweden’s KPA Pension has become the first company to become an LGBT-certified company in the country's pension sector


11/09/19

Finland is lowering the private-sector-earnings-related pension contribution for employers in 2020, whilst increasing the contribution for members


11/10/19

Denmark’s PKA has appointed PFA’s Jon Johnsen as its new CEO, it has revealed


10/10/19

The UK's HMRC has estimated that the total income tax relief on pension contributions will be £21.2bn in 2019/20


10/10/19

Denmark’s Sampension has hired Mads Smith Hansen as its new chief operating officer, and member of its executive board for Sampension Livsforsikring A / S and Sampension Administration Company A / S


10/10/19

Ireland’s Ombudsman, Peter Tyndall, has resolved a pension complaint from three Irish nuns’ by using his European connections


09/10/19

The Church of England (CoE) has raised concerns over proxy voting advisers ISS and Glass Lewis’ decision to not recommend support to the pension board’s co-filed shareholder resolution against BHP


09/10/19

The UK's Financial Ombudsman Service (FOS) has seen complaints relating to defined benefit transfers rise by 44 per cent in the year 2018/19


09/10/19

Several Danish pension funds, along with Navigare Capital Partners, have united to establish a maritime fund


09/10/19

Net cash flows in the Swiss pension funds market are expected to fall by around €18.05bn (CHF 20bn) over the next 25 years, according to Credit Suisse


09/10/19

The retirement provision system in Switzerland “urgently needs to be reformed” to secure its sustainability for the long term, according to Credit Suisse


08/10/19

The European Union is set to launch a pension tracing service in 2021 for mobile workers, which will be available in at least five member states


08/10/19

Sixty-four per cent of Swedes think it is good to be able to choose some investment funds themselves for their pension, according to the Swedish Investment Fund Association


08/10/19

Assets under management in Romania’s private pension system increased by €2.5bn year-on-year, according to the country’s Financial Supervisory Authority (ASF)


08/10/19

Norges Bank Investment Management (NBIM) has said it will consider more private equity investments for the country’s Government Pension Fund Global (GPFG) due to the changing market dynamic


08/10/19

Norway’s largest pension provider KLP has committed to divesting from oil sands amounting to around €52.8m


08/10/19

The majority of Danish pension funds are considering the Paris Agreement in their investment policies, according to a report by World Wide Fund for Nature (WWF)


07/10/19

The UK's Work and Pensions Committee chair Frank Field has called for the government to include defined benefit superfund legislation in the upcoming Pensions Bill


07/10/19

The way pension liabilities are currently calculated “could cause a negative spiral” that forces funds to keep buying low-risk assets, drive yields lower and liabilities higher, according to one expert


07/10/19

Sweden’s pensions agency, Pensionsmyndigheten, has filed a lawsuit against the company Advisor Fondförvaltning AB for missing invoice payments amounting to SEK 10m


07/10/19

The European Commission’s plan for a Pan-European Personal Pension Product will be an “excellent tool” to help citizens save more for retirement and build on the income provided by state pensions, according to the Association of Luxembourg Fund Industry (Alfi)


04/10/19

Irish managed pension funds increased by 2.4 per cent in September, according to Rubicon Investment Consulting


04/10/19

Plan sponsors in the Netherlands believe 48 per cent of members will be able to afford their current lifestyle in retirement whereas members believe just 12 per cent of their peers will be able to upkeep their lifestyle, according to a new report


04/10/19

The Irish Association of Pension Funds has called for the government to create a Pensions Minister position


03/10/19

Denmark’s Industriens Pension has appointed Søren Tang Kristensen as its new real estate investment manager


03/10/19

Denmark’s MP Pension now has around DKK 7.2bn invested in green and climate-friendly investments, and it aims to invest DKK 12bn by 2022


03/10/19

The British High Court has sided with the government and dismissed the Backto60 claim, which stipulated that rises to the state pension age in the UK for women born in the 1950s were discriminatory


03/10/19

Corporate pensions are leading the way for policy development on responsible investment (RI) globally, as the number of pensions with policies reached 46 per cent in 2019, according to Aon


02/10/19

The FTSE 350’s collective pension deficit decreased by £17bn in September in a volatile month for pension valuations


02/10/19

Danish pension provider, PKA, has won two tenders to provide the pensions for employees of retail chains Neye and Synoptik


02/10/19

The Second Swedish National Pension Fund (AP2) has revealed it has adopted “special measures” for external asset managers that invest in companies or regions where there is a high risk to human rights infringement


02/10/19

Norges Bank Investment Management, which looks after the investments of Norway’s Government Pension Fund Global (GPFG), has suggested to the government the need for a long phase-out plan for several energy stocks it plans to divest from


02/10/19

The net sales of UCITS and alternative investment funds (AIF) totalled €94bn in July 2019, reaching an 18-month high, the European Fund and Asset Management Association (EFAMA) has said


01/10/19

The Actuarial Association of Europe (AEE) has appointed Cecilia Thorn as its new chief executive, replacing Ad Kok


01/10/19

One in five Finnish retirees living in rural areas are classed as being on a low income, compared to one in 10 living in urban areas, according to research by the Finnish Centre for Pensions


01/10/19

There is still time to book your table and join us at the Irish Pensions Awards


01/10/19

Raising the minimum retirement age in Ireland will not build sustainable jobs, according to an expert at The Economic and Social Research Institute (ESRI)


01/10/19

Irish women could retire with a pension pot €120,000 smaller than men due to the gender pension gap, according to research by Irish Life


30/09/19

The Cardano Group has completed its acquisition of Now Pensions from Danish pension fund Arbejdsmarkedets Tillaegspension (ATP)


30/09/19

Danish pension provider PKA has received approval from the Danish Financial Supervisory Authority to invite new investors for its private equity arm PKA AIP, which has also changed its name to Institutional Investment Partners Denmark (IIP Denmark)


30/09/19

Occupational pensions across the European Union are years behind statutory pensions, an expert on the European Commission’s (EC) High Level Group on Pensions has claimed


30/09/19

A lack of trust in Central and Eastern European (CEE) countries’ governments by citizens is a “major challenge” for pension reform, according to an academic


27/09/19

India’s transition from burning fossil fuels to creating sustainable energy is a potential winner for investment returns and the environment, according to one of Europe’s largest investors


27/09/19

Blockchain, or distributed ledger technology (DLT), has not yet made the necessary strides to streamline wholesale pension fund administration, according to a report from the Netherlands


27/09/19

Investors have a “limited opportunity” to pick consistently outperforming active equity managers, according to the European financial regulator


26/09/19

Swedish pension funds and other institutional investors have ramped up efforts to use their financial might to fight climate change and improve the world around them


26/09/19

One of France’s largest investors has added its support to an initiative that aims to stop funding tobacco


26/09/19

European pension fund investors have identified diversification of asset classes and geography as key to their long-term sustainability, according to a survey of the group


25/09/19

The former head of Danske Bank in Estonia, which is facing lawsuits from pension funds, has been found dead after being reported missing on Monday


25/09/19

Denmark has been ranked the most resilient of 20 major global economies to the threats posed by ageing and workplace automation, according to a global study


25/09/19

The French public pension fund, Fonds de Reserve pour les Retraites (FRR), has launched a search for one or two currency overlay managers


25/09/19

The number of Irish women working in the private sector with a pension has increased by 40 per cent over the past year, according to research by Standard Life Ireland


25/09/19

A slight majority of European institutional investors consider allocating capital according to sustainability criteria drags on returns – but many are prepared to take the hit


25/09/19

A group representing Dutch pension funds has warned its members will either have to hike contributions or reduce payments, as a long-running dispute about the country’s retirement provision continues


25/09/19

Commuters and travellers across Paris are facing a second day of disturbance in less than two weeks as members of transport unions have walked out in a dispute over pensions


23/09/19

The Danish pension sector has committed $50bn to green investments, to help the country become a world leader on slowing climate change and a “global green guiding star”


23/09/19

Pensions, insurance and fund management organisations have joined to warn the European Commission that its timescale for applying sustainability disclosure rules might be too tight


23/09/19

One of the largest institutional investors in France has switched up its asset allocation to increase the amount it can hold in illiquid and private assets


20/09/19

Up to 30 per cent of scheme assets are expected to be withdrawn from the €4.5bn state pension scheme once reforms are completed, Finance Minister Martin Helme has said


18/09/19

Plans to introduce an auto-enrolment style pension system in Ireland are “at risk of being stalled”, Irish Life CEO David Harney has said


18/09/19

The European Union is “not always equipped” to help the self-employed or those in non-standard work with accruing pension savings and rights.


18/09/19

The gender pension gap is “persistent” and “effective tools” are needed to overcome it, according to Finland’s Ministry of Social Affairs and Health’s, Saila Ruuth


17/09/19

The Strathclyde local government pension scheme (LGPS) has once again being urged to liquidate its oil and gas investments


17/09/19

European assets under management (AUM) have more than doubled over the past decade, reaching €23.1trn


17/09/19

Three leaders of unions in Croatia are calling on the government to give citizens a referendum on planned pension reforms, which they are against


16/09/19

Several of the Netherlands’ biggest pension funds have reported that their coverage ratio has fallen below 90 per cent for the first time, according to Reuters


16/09/19

Lawyers, nurses, doctors, paramedics and surgeons and flight crews are striking today in France in protest of the government’s plans to reform the pension system


16/09/19

Norway’s Government Pension Fund Global (GPFG) should double the amount of kroner it allocates to environment-related mandates from NOK 60bn to NOK 120bn, the Norwegian parliament, the Storting, has said


13/09/19

Nineteen pension funds and providers from across Europe have made it on to the Principles for Responsible Investment’s (PRI) leaders' group for 2019


13/09/19

The Irish government’s plans to introduce an automatic enrolment style pension system, like that of the UK, will not address the pensions gender gap affecting the country


13/09/19

One in three Swiss citizens would like to retire early but a study has found that many are underprepared financially to do so


12/09/19

French Prime Minister Edouard Philippe has said that he wants a vote in parliament on the proposed French pension reforms before summer 2020


12/09/19

The CEO of one of Denmark’s largest pension providers is urging investors to make climate change investments of €1.6trn to tackle the issue of climate change “before it’s too late”


12/09/19

Two new Swiss financial acts are in the final stages of development and will come into force on 1 January 2020, the country’s State Secretariat for International Finance (Sif) has revealed


11/09/19

The British government has announced plans to overhaul the NHS pension scheme to tackle widespread opt-outs and workers cutting their hours by giving staff more flexibility in their retirement planning


11/09/19

French Prime Minister Edouard Philippe is expected to make an announcement on the calendar and method for the country’s pension reforms tomorrow, 12 September


11/09/19

Extreme longevity is one of the world’s top 30 extreme risks for investors, according to a report by the Thinking Ahead Institute


11/09/19

Women in Ireland receive, on average, 35 per cent less pension income than men, according to research by the Economic and Social Research Institute


10/09/19

Defined benefit pension schemes approaching buyout may be exposed to unnecessary risk due to Brexit uncertainty and the global economic slowdown, according to Barnett Waddingham


10/09/19

Pension consolidation is beginning to force smaller-sized asset and fiduciary managers out of the market as competition increases, according to research from Cerulli Associates


10/09/19

Sweden’s AP funds brought together regulators and CEOs of major banks in a seminar to discuss the fight against financial crime and money laundering


09/09/19

Danish pension provider PensionDanmark returned DKK 17.5bn in the first half of 2019, it has revealed


09/09/19

Swedish pension provider KPA Pension has acquired a SEK 4.3bn office property in Stockholm, Sweden, it has revealed


09/09/19

Increases in the cost of market data is potentially “harmful” to the robustness of well-functioning equity markets, according to Norges Bank Investment Management (NBIM)


09/09/19

Spain’s Basque Pension Fund entity Geroa ESPV has entered the shareholding structure of Spanish renewable power retailer, Holaluz, in a deal that includes a seat on the board of directors


09/09/19

Forty-four per cent of Estonians would remain in the second-pillar pension system, in spite of a law change that would allow them to withdraw their money early, research has found


08/09/19

Thérèse Coffey has been appointed as the UK's Work and Pensions Secretary following the resignation of Amber Rudd on Saturday evening (7 September)


06/09/2019

The Norwegian Financial Services Authority, Finanstilsynet (FSA), has reported that pensions companies have seen growing value-adjusted returns due to positive stock market developments in the first half of 2019


06/09/2019

The Danish pension fund Industriens Pension is investing DKK 1.5bn (€201m) in an equity fund which focuses on companies with strong environmental, social and governance (ESG) profiles


05/09/2019

The Danish pension funds JØP and DIP have, together with the Danish SDG Investment Fund, invested DKK 25m (€3.4m) in internet provider Frontiir in order to create jobs and increase internet access in Myanmar


05/09/2019

The Dutch pension fund Pensioenfonds PostNL has chosen BNP Paribas Securities Services for a mandate to provide custody and value-added services


05/09/2019

Irish pensions declined by 0.6 per cent in an ambivalent month which provided a positive 0.4 per cent for Merrion Investment Managers and a negative 2.2 per cent return for New Ireland, according to Rubicon Investment Consulting


05/09/2019

The 20 per cent gender pensions gap in Denmark will persist for up to 50 years as women choose education, leading to lower-paid jobs than men’s choices, according to an analysis


04/09/2019

Danish pensions administrator Sampension has seen a strong first half of 2019 as it reached 300,000 members while its assets increased by DKK 23bn (€3.1bn) to DKK 309bn (€41.4bn)


04/09/19

Sweden’s First National Pension Fund (AP1) has revealed the trading violations that its fired CEO Johan Magnusson breached


04/09/19

Norges Bank Investment Management CEO Yngve Slyngstad, responsible for the investments of the Norwegian Government Pension Fund Global, has said that the fund will remain invested in the UK “no matter what” happens with Brexit


04/09/2019

Denmark’s pension fund for academics, lecturers and psychologists, MP Pension, is selling all its assets, worth DKK 644m (€86.3bn), in the 10 largest oil companies in the world, including Shell and ExxonMobil


03/09/2019

Pension schemes in the Netherlands have had a bad August, seeing their average funding drop by 5 per cent down to 96 per cent, according to calculations from Mercer


03/09/2019

France’s President Emmanuel Macron has launched talks with unions on an overhaul of the pension system in order to plug its deficit


03/09/2019

Nearly 70 per cent of institutional investors believe a no-deal Brexit will cause major problems for Germany, according to research by the Managing Partners Group (MPG)


02/09/2019

The state development bank in Russia, VEB, has announced its plans to buy a blocking stake in one of the largest pension funds in the country, Blagosostoyanie, Reuters has reported


02/09/2019

Danish pension fund PFA has returned DKK 39.8bn (€5.3bn) in the first six months of 2019, the highest return ever seen in an interim period in the scheme’s history


02/09/2019

The board of directors of Sweden’s First National Pension Fund (AP1) has dismissed Johan Magnusson from his CEO post with immediate effect, following a violation of internal regulations on the holding and trading of financial instruments


02/09/2019

The 20 biggest pension schemes globally, saw their assets under management (AUM) fall by 1.6 per cent in 2018 in the first negative result since 2012, according to the Thinking Ahead Institute


02/09/2019

The Norwegian public scheme Government Pension Fund Norway (GPFN) has returned 6.6 per cent in the first half of 2019, outperforming the market by 0.3 percentage points, according to Folketrygdfondet


30/08/19

Finland has said it will continue paying state pensions to its eligible citizens living in the UK for up to one year, if the UK leaves the European Union (EU) without a deal


30/08/19

Swedbank has appointed Jens Henriksson as president and CEO by the company’s board of directors.


30/08/19

Danish pension provider ATP has returned DKK 29.6bn in the first half of 2019, it has revealed.


30/08/19

Sweden’s AP2 fund returned 10.7 per cent in the first half of 2019 after costs


29/08/2019

The Danish pension funds JØP and DIP, which share administration, have decided to exclude seven companies due to being too dependent on oil extraction from oil sands and contradicting the Paris Agreement


29/08/2019

Storebrand has committed to a deforestation policy, becoming another Norwegian company to adopt measures against the Amazon fires


29/08/2019

The Danish pension company PensionDanmark, together with By & Havn, have committed to building a new sustainable district in Copenhagen, featuring 2,000 homes built from wood and recycled materials


29/08/2019

Most pension investors have struggled over the past year, with the Norwegian Government Pension Fund Global (GPFG) suffering the most, according to a comparison by the Finnish Centre for Pensions (ETK)


28/08/2019

The Norwegian public occupational pensions provider KLP has opened dialogues with three companies which operate in Brazil, in order to see action against the fires in the Amazon rainforest


28/08/2019

The new reforms on pensions and apprenticeships in France could contribute to cutting the unemployment rate to 7 per cent by 2022, Labour Minister Muriel Penicaud said


28/08/2019

The net sales of UCITS and AIFs totalled €32bn in June as macro drivers increased the demand for bond and equity funds in June, according to the European Fund and Asset Management Association (EFAMA)


27/08/19

Sweden’s AP3 fund returned net SEK 36,511m in the six months to 30 June 2019, it has revealed


27/08/19

The British government could be facing legal challenges from teachers and doctors who were transferred into less beneficial pension schemes


27/08/19

Norges Bank Investment Management (NBIM) has recommended that the Norwegian Government Pension Fund Global (GPFG) should buy more equities in North America, and reduce the amount it holds in Europe


27/08/19

French President Emmanuel Macron has said he would prefer to find an agreement for his country’s pension system, and retirement eligibility, that is based on contributions rather than age


27/08/19

Two German fintech companies have merged as its announced that Raisin has acquired Fairr, a fintech company specialising in retirement savings


23/08/19

Sixty per cent of older Irish workers that do not have any form of pension plan have no plans to retire, according to a report by The Irish Longitudinal Study on Ageing (Tilda)


23/08/19

Plans by the Estonian government to shake-up the pension system will mean that savers will be able to access their funds before retirement age, which currently stands at 64.5 years


23/08/19

The French government is planning on launching a consultation on its planned pension reforms to find out the views of the public


23/08/19

A committee has been appointed to propose reforms to Greece’s supplementary pension system, Ekathimerini has reported


22/08/2019

Oslo Pensionsforsikring (OPF), the Norwegian capital’s public occupational pension scheme, has reached NOK 100bn (€10.1bn) in assets, twice as much as its assets in 2012


22/08/2019

UK defined benefit pension schemes with an overseas parent could “exploit” the fall in sterling and use it as an opportunity to ask for a cash injection into the scheme from the sponsor


22/08/2019

Elo, the Finnish earnings-related pensions company, returned 7.2 per cent over 2019 so far but saw a more moderate 1.9 per cent growth in the second quarter


22/08/2019

The Norwegian pension provider Kommunal Landspensjonskasse (KLP) has grown by 4.8 per cent, or NOK 4.3bn (€432m), in the first six months of 2019, outperforming the average guaranteed rate of return


21/08/2019

The alliance, Nordic CEOs for a Sustainable Future, has reached an agreement with five Nordic Prime Ministers to increase collaboration in order to achieve the United Nation’s Sustainable Development Goals (SDGs) and the Paris Agreement by 2030


21/08/2019

The Norwegian Government Pension Fund Global saw a second-quarter investment return of 3.0 per cent, or NOK 256bn (€25.8bn), with fixed income performing better than equities


21/08/2019

Retirees who live in more rural areas of Finland struggle more with making ends meet than those living in urban areas, but all retirees are equally satisfied, research from the Finnish Centre for Pensions (ETK) has revealed


20/08/2019

Four of Denmark’s biggest pension companies, ATP, Industriens Pension, PensionDanmark and PFA have partnered up to adopt common tax principles for external asset managers in order to end aggressive tax planning and promote transparency


20/08/2019

Pensions insurance company Varma has seen its investments increase to €46.5bn, growing by 6.9 per cent in January to June in 2019, its most profitable period in 20 years


20/08/2019

Assets placed in Swiss investment funds in July increased by CHF 18.4bn, or 1.6%, according to data compiled by Swiss Fund Data AG and Morningstar


19/08/19

The minimum French pension should not be lower that the interprofessional minimum wage (SMIC) in France, according to French Communist Party (PCF) national secretary Fabien Roussel


19/08/19

Assets in Romania’s mandatory private pension funds (Pillar II) stood at RON 56.7bn (€11.85bn) as of 31 July 2019, Business Review has reported


19/08/19

A British think tank fronted by former Conservative leader Iain Duncan-Smith, The Centre for Social Justice (CSJ), has proposed raising the state pension age (SPA) in the UK to 75 by 2035


19/08/19

A €5 increase to the state pension in Ireland is at risk if the United Kingdom (UK) leaves the European Union (EU) without a deal


16/08/2019

Dutch investment funds have reached a record €924bn in assets over the past quarter, following two turbulent quarters, De Nederlandsche Bank (DNB) has said


16/08/2019

The assets of Dutch pension funds continue to drop due to interest rates, putting funds at risk of having cuts applied to their pensions


16/08/2019

The Turkish military pension fund Oyak has signed an exclusivity agreement to acquire British Steel and its operations in the UK, France and the Netherlands


15/08/2019

Finnish pensions insurance company Ilmarinen has seen its assets grow to almost €48bn, a record high caused by a 6.0 per cent investment return and lowered operating expenses


15/08/2019

Ryanair pilots in Ireland will take industrial action over two days from 22 August due to a dispute over pay, pensions and working conditions, trade union Fórsa has announced


15/08/2019

Aegon’s measures in the Netherlands to transfer defined benefit pensions to its TKP platform and to combine Aegon Bank and its digital bank, Knab, are expected to lead to annual run-rate expense savings of about €35m by 2023


14/08/2019

If Dutch occupational pensions are reduced, the government must increase state pension to maintain pensioners’ purchasing powers, trade union FNV has said


14/08/2019

The Italian Deputy Prime Minister Matteo Salvini has said citizen’s income plans would need reviewing if his League party wins a potential election, but pension reform plans remain untouchable


14/08/2019

Keva, Finland’s largest earnings-related pension provider, has seen an investment return of 7.6 per cent in the first half of 2019, with listed equities returning 13.8 per cent


13/08/2019

Pension funds should look to more illiquid investments in areas such as aircraft, infrastructure and real estate-backed debt, French Ostrum Asset Management has said


13/08/2019

Danish pensions administrator Sampension is interested in investing further in real assets such as real estate and forestry due to the low bond returns


13/08/2019

A Dutch court has ruled in favour of a pancake baker who refused to subscribe to the sector pension fund for confectioners as a pancake is not a biscuit


12/08/2019

An industry-wide reduction in defined benefit pension transfers has affected Royal London, resulting in a reduction in its individual pension business


12/08/2019

The pension fund of Dutch bank ABN AMRO has told its members that Brexit could have adverse consequences for the fund whether or not the UK leaves the EU with a deal


12/08/2019

Pension provider PFA has acquired a building site in Odense, Denmark, with the intention of building 86 flats as part of a housing community for seniors


09/08/2019

The UK government is likely to enter exclusive talks with Turkish military pension fund Oyak about the sale of British steel, The Guardian has reported


09/08/2019

The pensions ombudsman in Latvia has sent a pre-trial warning to the government, saying old-age pensions are “impossible for people to survive on”


09/08/2019

Low interest rates and stock market losses have pulled down the average funding ratio of pension funds in the Netherlands to 98 per cent, statistics from Aon Nederland reveal


08/08/2019

The Norwegian Government Pension Fund’s (GPFG) bid to dump all oil stocks has been reduced due to compromises and adjustments, meaning the sell-off would be smaller than its stake in Shell, according to Bloomberg


08/08/2019

Danish pensions company PFA has made its first investment in life science by acquiring science labs in New Jersey, US, for DKK 500m (€67m)


08/08/2019

Aviva Ireland saw its profits grow by 7 per cent to €61m following the acquisition of Friends First last year, and plans to launch a new pensions, investment and fund proposition product


07/08/2019

Slowing down the increasing retirement age is a key measure in the new pension agreement, Dutch labour union CNV has said, as its own survey reveals that two-thirds of people think the pensions age is increasing too quickly


07/08/2019

The average pensions age in the Netherlands has risen past the age of 65, with people retiring five months later in 2018 than in 2017, according to the Centraal Bureau voor de Statistiek (CBS)


07/08/2019

Irish pension funds have gained 14.6 per cent over the first seven months of the year, with a 1.8 per cent growth in July, according to Rubicon Investment Consulting


06/08/2019

The HSBC Bank (UK) Pension Scheme has capped the risk on £7bn worth of pensioner liabilities in a longevity swap, through the novel use of a Bermudan captive insurer and Prudential Insurance Company of America as a reinsurer


06/08/2019

The German consulting firm diz Deutsches Institut für Zeitwertkonten und Pensionslösungen AG (diz AG) has introduced a strategic concept for a “future-proof” pension system under the name i+pension, which aims to invest in educating people


06/08/2019

Ireland's government departments for health, education and social protections together spent over €1.5bn more than budgeted over the past three years, blaming pensions, pay rises and Christmas allowances


05/08/2019

Prosecutors in Russia have started checks at the non-state pension fund Budushchee as part of a probe into pension savings being illegally transferred, according to Reuters


05/08/2019

The number of people entitled to an Irish state pension is set to double by 2050, posing an “acute concern” to the country as the population ages and the dependency ratio increases, the government has said


05/08/2019

ReAssure Group, Swiss Re’s UK-based subsidiary, has agreed to acquire Quilter’s insurance and pensions operations Old Mutual Wealth Life Assurance Limited and Old Mutual Wealth Pensions Trustees Limited for £425m


02/08/2019

Pension providers must embrace technologies such as artificial intelligence (AI) in order to get younger savers to engage with their pensions, according to a report from Atos


02/08/2019

Russian pension reform increases labour supply, which could have a positive effect on the growth rate of potential output, according to the International Monetary Fund (IMF)


02/08/2019

Norges Bank Investment Management (NBIM) has together with AXA France decided to dispose of the Prelude property outside of Paris


01/08/2019

The Pensions Age Awards 2020 is now open to entries for all UK pension schemes or provider firms serving in the UK


01/08/2019

Lithuanian pension and tax reforms require further compromises as long-term challenges remain unaddressed, the executive board of the International Monetary Fund (IMF) has said


01/08/2019

Social partners and the Ministry of Defence have signed a new agreement on wages, pensions and working conditions which includes the launch of a separate pension scheme for soldiers and workers in the ministry


01/08/2019

The Danish pension fund for technicians and bachelors of engineering ISP Pension has joined Sampension, which provides administrative and asset management services to pension funds in Denmark


31/07/2019

A former post office worker in Dublin, Ireland, has been sentenced to three years with 18 months suspended for stealing €23,000 in pension payments from 91 customers


31/07/2019

Pensioners in Denmark receive DKK 3.2bn (€428m) more in 2019, following pensions agreements made in 2018 to increase pensioners’ income, according to the Danish mandatory pension scheme ATP


31/07/2019

The financial position of pension funds in the Netherlands deteriorated in the second quarter of 2019, with liabilities growing by €96bn to €1.46trn on the back of lower interest rates, De Nederlandsche Bank (DNB) revealed


30/07/2019

Austria reached its Equal Pensions Day – the day on which men have received as much pension as women will by the end of the year – on Monday, 29 July


30/07/2019

The Ministry of Finance in Germany is expecting the cost of civil servant pensions to reach €758bn this year, up €70bn from 2018, Handelsblatt has reported


30/07/2019

Institutional investors are becoming more interested in investing in European long income property as they seek secure income to meet their liabilities, according to Alpha Real Capital


29/07/2019

The Norwegian Government Pension Fund Norway (Folketrygdfondet) has said it expects the companies it invests in to make its board member positions more attractive to international candidates


29/07/2019

Sweden’s biggest pension fund AMF is looking to invest in companies earlier and for longer as part of its long-term investment strategy


29/07/2019

Due to high demand, the deadline to enter the Irish Pensions Awards has been extended to 9th August, so there is still time to enter your pension scheme or firm into these prestigious awards which are now in their eighth successful year


29/07/2019

The French public pension fund Fonds de Reserve pour les Retraites (FRR) has decided to strengthen accountability requirements for environmental, social and governance (ESG) issues with a new responsible investment strategy


26/07/2019

Amber Rudd has kept her role as the UK government's Work and Pensions Secretary in the new Prime Minister Boris Johnson’s cabinet reshuffle, in what has been described by some as a “bloodbath”


26/06/2019

The Swedish pension and insurance group Folksam Group returned 6 per cent in the first half of 2019 due to positive growth for its pension funds KPA Pension and Folksam LO pension


26/07/2019

The European Fund and Asset Management Association (EFAMA) has welcomed the recent IOSCO statement on liquidity risk management for investment funds and is calling on the national regulators to implement the recommendations


25/07/19

The Swiss fund market value increased by CHF 19.7bn (1.7%) over June, according to data compiled by Swiss Fund Data AG and Morningstar


25/07/19

The French government has approved the creation of three new retirement savings products, which will be available from 1 October 2019


25/07/19

The long-term shift to renting in Ireland will put more pressure on the pension system, an expert has claimed


24/07/2019

Institutional investment manager Bouwinvest has invested $100m (€88m) in a portfolio of offices in metropolitan areas in the Asia-Pacific on behalf of the Dutch pension fund bpfBOUW


24/07/2019

The Irish Air Line Pilots’ Association (IALPA) has begun a ballot of members on possible strike action over pay and benefits at Ryanair, including pensions, it announced


24/07/2019

Net sales of UCITS and AIFs in May were impacted by renewed tensions around the trade agreement between the US and China, causing investor demand to shift from equity to bond funds, the European Fund and Asset Management Association (EFAMA) has revealed


23/07/19

The pensions industry has reacted to the election of Boris Johnson as leader of the Conservative Party, with one expert asking him not to 'neglect' the domestic pensions agenda in the UK


23/07/2019

Swedish pension provider Alecta has seen a strong first six months of 2019, growing its assets past the SEK 900bn (€85.1bn) mark for the first time in the provider’s history


23/07/2019

The Dutch government has revealed plans to increase the benefits paid to partners of people who die before they reach pension age, according to newspaper Volkskrant


23/07/19

Swiss insurance group Vaudoise Insurance Holding has acquired the Swiss consultancy firm Pittet Associates


22/07/2019

Interest groups for pensioners and seniors PensioenBehoud and KBO-Brabant are intending to open court proceedings against the Dutch state in order to keep their promised pensions


22/07/2019

PMT, the Dutch pension fund for metal and technology, has purchased a multi-tenant office building in the city centre of Arnhem in the Netherlands


22/07/2019

The Institutional Investors Group on Climate Change (IIGCC) has called on cement and construction companies to take steps against cement, the source of 7 per cent of global man-made CO2 emissions


22/07/2019

Schroders has increased its stake from 50.1 per cent to 100 per cent in Secquaero Advisers in a bid to bolster its private assets business


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


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


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