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Established 1996
Wednesday 18 September 2019

LATEST NEWS 

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.

Speaking at the Pension Adequacy Conference hosted by the Finnish Centre for Pensions in Helsinki, 17 September, European Commission (EC), director general, social affairs and inclusion, Katarina Ivanković Knežević, stated that 40 per cent of jobs in the European Union are either self-employment or jobs classed as non-standard employment that is not permanent or full time


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


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


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