News – Page 13
-
NewsPeople moves: People’s Partnership appoints deputy CIO
Plus: Faith Ward is reappointed as IIGCC chair; MFS adds to Germany team
-
NewsNorway’s SWF seeks green light to sell slowly-growing Russian assets
NBIM also makes first Israeli company blacklisting since ethical council stepped up its stance regarding Palestinian territory occupation
-
NewsIPE Conference: Tough tasks ahead for European leaders, conference hears from geopolitics experts
Europe not doomed by the US political shift, says former Swedish prime minister Fredrik Reinfeldt
-
NewsIPE Conference: Private debt said to make overall economy more resilient
From a system risk point of view, private debt funds are much less risky than bank lending, Tilburg University professor argues
-
NewsEU Taxonomy costs hit ‘several million pounds’ for some FIs, finds government research
Financial institutions are more likely than real-economy companies to have already updated their data systems to account for the taxonomy
-
NewsABP buys €2.7bn Dutch mortgage portfolio
Despite the large purchase, the fund will remain underweight mortgages compared to other Dutch pension funds
-
NewsUK regulator publishes defined benefit covenant guidance
The update is the last piece of the jigsaw to help schemes carry out valuations under the new DB funding code
-
NewsInvestors on a biodiversity ‘learning curve’, ISSB staff report
ISSB says there is a ‘clear trend’ with water resources emerging as a top concern for those assessing BEES-related risks
-
NewsGermany’s Bundesrat recommends review of second pillar reform
The Bunderat recommends reviewing whether a significant increase in the maximum possible amount of funding beyond a wage adjustment is possible
-
NewsOECD calls for strong action to make pension systems more inclusive
Overall pension assets in OECD countries grew by 10% in 2023, reaching over $56trn
-
NewsIPE Awards: Environment Agency wins European Pension Fund of the Year
Olivier Rousseau takes this year’s Outstanding Industry Contribution award
-
NewsEU advisers asked to stay on longer to steer sustainable finance agenda
Platform on Sustainable Finance’s extended mandate will run until the end of March 2025
-
NewsEnpam overturns deficit forecast with €826m profit on invested assets
The scheme will end the current year with a budget surplus of €484m, a result that overturns the previous outlook of a deficit amounting to €84m
-
NewsABP, Aegon, Phoenix and GPFG named among climate lobbying leaders
Using publicly available information, InfluenceMap scored 30 pension funds and insurers from around the globe
-
NewsMerchant Navy Ratings Pension Fund completes £450m longevity swap
Transaction is structured as an insurance contract with a captive insurer in Guernsey
-
NewsInarcassa expects €1.2bn budget surplus as it implements new strategy
Budget surplus is result of income from members’ contributions and expenses for pensions paid, returns on invested assets, and operational costs
-
NewsIceland’s LV hails Supreme Court ruling liability increase was legal
Almenni Pension Fund calls the ruling ‘a precedent-setting decision for other pension funds’
-
NewsPension funds should not be treated as NBFIs, PensionsEurope tells EC
Industry association responds to consultation that will inform policy planning in the Commission’s new political mandate
-
NewsKION Group completes £250m buy-in deal with Canada Life
Deal covers five different UK DB pension schemes within the group, covering the benefits of over 3,000 members
-
NewsAchmea and Sixth Street merge to enter Dutch buyout market
The joint venture comes months after Lifetri, an insurer owned by Sixth Street, pulled out of the Dutch buyout market following a lack of success due to its small size
