All Special Report articles – Page 12
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Special Report
Active ETFs: mixed fortunes
Tax efficiency and regulatory change have been the key drivers of the development of active exchange-traded funds in the US. As there are no similar tax benefits nor regulatory change in Europe, growth in this region has been limited.
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Special Report
IPE ETF Investor Survey 2022
IPE’s first survey of investors focusing specifically on ETFs, conducted between mid-July and mid-August 2022, drew responses from institutional investors across nine European jurisdictions, of which 24% were invested in ETFs. Respondents were located in Belgium, Denmark, Germany, Italy the Netherlands, Portugal, Spain, Sweden and the UK.
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Special Report
ETFs Guide 2022: Better tax treatment could prompt European ETF takeoff
First the good news: Globally, investment in ETFs continues to surge, with the first half of 2022 seeing the second highest inflows on record. The flexibility and ease of access they offer helped them play an instrumental role achieving the highest volume fixed income trading day being recorded in June, as $58bn of assets were moved from EM debt and high yield into government bonds (see p7). This helped cement ETFs’ position as an essential tool of the fixed income ecosystem.
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Special Report
Unlock the data behind Top 1000 Pension Funds 2022
With €9.69 trillion of assets under management assets, IPE’s annual Top 1000 European Pensions Guide offers vital market data and intelligence for those in and around the institutional investment industry. Whether you are a pension fund wanting to know how you measure up against your peers, an asset manager building a business, or a service provider in this multi-trillion euro sector - our data provides the most authoritative picture of pension assets across the continent.
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Special Report
Sweden: Premium pension revamp takes shape
Following the appointment of a board, the new Fund Selection Agency is filling senior management slots and the AP7 default fund is undergoing a strategy revamp
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Special Report
Norway: Steps towards a new pension settlement
Increasing the retirement age will help put Norway’s pension system on a more sustainable footing, but improving benefits will mean extra costs
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Special Report
Iceland: International Monetary Fund warns on system risk
Despite its top-ranking pension system, there has been slow progress on increasing diversification abroad and in infrastructure
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Special Report
France: New government revives pension reform
Under Emmanuel Macron’s second presidential term, the French government hopes to achieve an overhaul of the first-pillar pension system
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Special Report
Switzerland: First-pillar reforms put to the public
A referendum this autumn will decide the fate of reform to the first pillar, and parliament will debate the reform of the second pillar
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Special Report
Portugal: Sustainability efforts need to be redoubled
Portugal recognises that past pension reforms mitigated the fiscal effects of an ageing population, but more effort is needed over the coming years
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Special Report
Ireland: IORP implementation prompts consolidation
Ireland’s pensions trade body warns that many smaller schemes will be unable to meet the requirements of IORP II, accelerating the move to master trusts
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Special Report
Spain: Second-pillar reforms broaden coverage
Amendments to existing laws and new ones extend access to second-pillar occupational pension funds to more workers
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Special Report
Netherlands: Rising funding ratios with a bitter side taste
Dutch funding ratios have continued to rise, but are being overshadowed by inflation concerns and enormous investment losses
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Special Report
Austria: Debate on pension reforms continues
Promises to review Austria’s pension system made over recent years have not materialised, resulting in a renewed push for action by the pension industry
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Special Report
Germany: Unlocking innovation and improving risk assessment
The German government is encouraging institutional investors to invest in venture capital funds to help support start-up companies
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Special Report
Denmark: Commission heralds comprehensive approach
Expert body tackles complexity, incentives, tax and indexation
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Special Report
UK: Going green amid a regulatory overhaul
The industry is concerned about a focus on derisking as the regulator’s new funding code takes shape this autumn
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Special Report
Italy: Debate on reform continues ahead of snap election
Plans announced to lower the retirement age and raise public benefits, but there has been little discussion of a greater role for second-pillar pensions
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Special Report
Finland: New laws passed ahead of unified pensions blueprint
Working group proposals for merging pension systems yet to be published
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Special Report
Belgium: Limited agreement on pension changes reached
A minimum monthly first-pillar pension will apply from 2024 but there has been little effort to boost supplementary schemes