Latest News
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Dutch pension funds unite against NSC/BBB Wtp amendment; additional €18bn in costs if two systems remain
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Sweden’s AP Funds achieve combined result of SEK 182bn in 2024
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Investing in defence industry is a ‘positive’ ensuring countries can defend themselves, SPP says
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P+ allocates DKK 840m for investments in the healthcare sector
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Payments to Denmark’s Sampension hit 'record high' of DKK 16bn in 2024
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Spanish individual pension plan assets rise by 1.43% in January - VDOS
Archive News
The Swedish pension provider SPP has explained its motivations for investing in the defence industry, stating that it sees supporting countries’ ability to defend themselves as a “positive”
Posted: 25/02/25
The assets under management of Spanish individual pension plans increased by 1.43 per cent in January, equivalent to €1,223m, according to VDOS
Posted: 25/02/25
A group of Dutch pension funds has submitted a ‘critical response’ to the amendment of the Future Pensions Act (Wtp) submitted earlier in February by the political parties New Social Contract (NSC) and Farmer-Citizen Movement (BBB).
PFZW, together with ABP, Bouw, PME, and PMT, said the proposal to amend the law “removes the foundation of our pension system” and will lead to an additional €18bn in costs (based on a calculation by PwC) if the two systems continue side by side
PFZW, together with ABP, Bouw, PME, and PMT, said the proposal to amend the law “removes the foundation of our pension system” and will lead to an additional €18bn in costs (based on a calculation by PwC) if the two systems continue side by side
Posted: 25/02/25
Sweden's minPension has appointed two new managers as part of a reorganisation to provide future growth for the company
Posted: 25/02/2025
Sweden’s first four AP Funds (AP1, AP2, AP3, AP4) achieved a combined result of SEK 182bn in 2024, corresponding to an average return of 9.6 per cent
Posted: 25/02/25
P+, the Danish pension company, has earmarked DKK 840m for investments in the healthcare sector, which will be managed by GHO Capital
Posted: 25/02/2025
The total payments to Sampension hit a "record high” of DKK 16bn in 2024, an increase of 24 per cent compared to 2023, according to Sampension results
Posted: 25/02/25
Pension fund investors should consider the importance of maintaining responsible investment principles even amid political cycles and regulatory uncertainty, Elo chief investment officer, Jonna Ryhänen, has said
Posted: 24/02/25
Germany has “lost importance” as an investment destination, according to Insurance and Pension Denmark (I&P Denmark), despite Danish pension savers having DKK 294bn invested in the country
Posted: 24/02/25
XPS Pensions Group has announced that it has agreed to acquire UK insurance consultancy business Polaris Actuaries and Consultants Limited
Posted: 24/02/25
The First Swedish National Pension Fund (AP1) made a 9.9 per cent return in 2024, attributing the strong performance to its “stable execution” and US stock market records
Posted: 24/02/25
The Sixth Swedish National Pension Fund (AP6) made a positive return of 9 per cent in 2024, its annual results reveal
Posted: 24/02/25
Swedish pension company AMF returned 7.1 per cent on investments in 2024, a value of SEK 40bn, despite a “turbulent” and “chaotic” year
Posted: 24/02/2025
The Fourth Swedish National Pension Fund (AP4) achieved a return of 10.1 per cent after expenses in 2024, its annual report has revealed
Posted: 21/2/25
Germany’s Federal Financial Supervisory Authority, BaFin, has said that pension funds and other financial firms should act quickly if problems arise due to a shortage of skilled workers
Posted: 21/2/25
Norwegian pension reform has reached a “major milestone” as the first payments under the new system are being distributed, Minister of Labour and Social Inclusion, Tonje Brenna, has said
Posted: 21/02/25
Domestic pension and provident funds in Austria had an "exceptionally successful year" in 2024, according to the Association of Pension and Provident Funds (WKÖ)
Posted: 21/02/2025
The latest news in brief and mandates from the past seven days
Posted: 21/2/25
Mercer has reached an agreement to acquire Secor Asset Management for an undisclosed amount
Posted: 20/2/25
PensionsEurope has voiced its support for the European Securities and Markets Authority’s (ESMA) proposals that would require EU counterparties, including pension funds, active in certain derivatives to hold an operational and representative active account at a Central Counterparty (CCP)
Posted: 20/2/25
Encouraging better saving habits and strengthening the role of private and occupational pensions is "crucial" for increasing the average size of European UCITS funds, the European Fund and Asset Management Association (EFAMA) has suggested
Posted: 20/2/25
The Danish government's plan to invest DKK 50bn into its defence fund could provide a "strong starting point" for pension funds to find opportunities to contribute with private investments, Insurance and Pension Denmark (I&P Denmark) has said
Posted: 20/2/25
European pension funds, including Sampension, have backed calls for BP to end its "retreat" from the climate field
Posted: 19/02/2025
Dutch pension funds, BpfBOUW and Provisum, have agreed their transition plans for the move to the new pension system, with plans to switch to the new system by 1 January 2026
Posted: 19/02/25
The Swedish Fund Selection Agency (FTN) has announced its decision on the procurement of the actively managed Nordic equity funds category for the premium pension fund platform.
Four fund managers were awarded fund agreements for a total of four funds on the premium pension platform, three of which were already available on the fund platform and one of which is new
Four fund managers were awarded fund agreements for a total of four funds on the premium pension platform, three of which were already available on the fund platform and one of which is new
Posted: 19/2/25
Several Dutch pension funds have published funding updates for their schemes, which reported mixed results in their policy and current funding ratios
Posted: 19/02/25
Swedish pension fund AP3 delivered a return of 10.3 per cent after expenses in 2024, with a profit of SEK 51.3bn, its latest accounts have revealed
Posted: 18/2/25
Swedish premium pension provider AP7 achieved an average return of 27.3 per cent in 2024 for its 5.9 million pension savers, its annual report has revealed
Posted: 18/2/25
Public sector workers retired at 66 years old on average in 2023, seven months earlier than private sector workers, according to research from Insurance and Pensions Denmark (I&P Denmark)
Posted: 18/02/2025
Finnish pension providers delivered strong investment returns in 2024, despite a "challenging" time in the real estate investment market and a weak economic situation in Finland more broadly
Posted: 18/2/25
Danish workers covered by the new collective agreement could see a “significant” boost in their pension savings potential due to a 2 percentage point increase in free choice account contributions, calculations by Sampension have suggested
Posted: 18/02/25
Swedish pension provider Alecta has announced that Magnus Hall has been appointed as chairman of its board, following approval from Sweden's Finansinspektionen (FI).
Alecta has struggled to appoint a permanent chair of the board since former chair, Ingrid Bonde, resigned in October 2023, amid two investigations by Sweden’s Financial Supervisory Authority over the pension company’s investments
Alecta has struggled to appoint a permanent chair of the board since former chair, Ingrid Bonde, resigned in October 2023, amid two investigations by Sweden’s Financial Supervisory Authority over the pension company’s investments
Posted: 18/2/25
The Deutz Retirement Benefits Plan has completed a £16m buy-in with Just, securing the benefits of 181 scheme members, including 70 deferred members and 111 pensioners
Posted: 17/2/2
Finnish earnings-related pension provider Ilmarinen achieved an investment return of 8.6 per cent in 2024, alongside a "significant" cut in the carbon intensity of its pension investments, its latest update has revealed.
The provider's latest financial statement showed that it reached its goal of a 50 per cent decrease in carbon intensity by 2030 ahead of schedule, and is now looking to set new goals as it updates its climate plans
The provider's latest financial statement showed that it reached its goal of a 50 per cent decrease in carbon intensity by 2030 ahead of schedule, and is now looking to set new goals as it updates its climate plans
Posted: 17/2/25
More frequent distribution of premium pension rights could provide a SEK 1bn boost for Swedish pension savers, analysis from the Swedish Pensions Agency has suggested
Posted: 17/02/25
Skandia, the Swedish insurance company, has reported a "stable" 2024 performance, which it said has continued to "satisfy" customers
Posted: 17/02/2025
Sweden’s KPA Tjänstepensionsförsäkring AB returned 8.2 per cent in 2024, up from 7.6 per cent return in 2023, its annual financial results have revealed
Posted: 17/02/25
Norwegian pension company KLP delivered "strong results" in Q4 2024, reporting a return of 1.8 per cent on pension assets in its collective portfolio during the period
Posted: 17/2/25
The policy coverage ratio for Dutch pension fund Pensioenfonds UWV remained steady at 119.6 per cent in January 2025, whilst the current coverage ratio increased to 118.8 per cent
Posted: 17/2/25
The Government Pension Fund Norway (GPFN), managed by Folketrygdfondet, made a profit of NOK 27bn in 2024, its annual results have revealed
Posted: 14/02/25
The new Czech Republic pension scheme (DPS) has hit two million members in 2025, with more participants than the old supplementary pension scheme for the first time, data from the Czech Association of Pension Companies (APS) has revealed
Posted: 14/2/25
The majority (79 per cent) of Irish organisations are either completely unprepared or only partly prepared for the introduction of auto-enrolment, research from Zellis has revealed
Posted: 14/2/25
The number of Danish pensioners in employment hit a “record high” in 2024, showing an increase of 18 per cent (approximately 13,400 pensioners) compared to 2023, figures from Sampension have revealed
Posted: 14/2/25
The market value-weighted return on investments by the State Pension Fund of Finland (VER) reached 9 per cent in 2024, an increase of 1.3 per cent from 2023
Posted: 14/2/25
The latest news in brief and mandates from the past seven days
Posted: 14/2/25
Pension schemes and providers have urged asset managers to evolve and strengthen their climate stewardship strategies in a new Asset Owner Statement on Climate Stewardship, highlighting the "imperative" need for climate action
Posted: 13/2/25
The Dutch government has been urged to work in collaboration with pension funds, banks and asset managers on climate issues, after the Financial Sector Climate Commitment Committee (CFSK) said that cooperation between public and private parties is of "increasing importance" in the current geopolitical situation
Posted: 13/2/25
Finnish public sector pension provider Keva, responsible for the funding of local government and wellbeing services county pensions and the investment of pension funds, reported a total return on investments of 10.4 per cent (€6.7bn) in 2024
Posted: 13/02/25
The pension fund for architects in the North Rhine-Westphalia region saw its investment assets grow by more than €0.5bn in 2023
Posted: 13/02/25
Sweden’s SH Pension has outlined plans for a "slightly more aggressive" investment strategy, after its latest update revealed that the group achieved a "good return" in 2024
Posted: 13/02/25
PGGM has acquired a 49 per cent stake in the Dutch company Carbon Collectors, which develops new technologies for collecting, transporting, and storing CO2, on behalf of the Dutch fund for the care and welfare sector, Pensioenfonds Zorg en Welzijn (PFZW)
Posted: 12/02/25
The European market for institutions for occupational retirement provision (IORPs) has seen continued consolidation in recent years, and a “noticeable” recovery in terms of assets under management, research from the European Insurance and Occupational Pensions Authority (EIOPA) has revealed
Posted: 12/2/25
A quarter (25 per cent) of privately employed workers in the SAF-LO Agreement Area believe they won't be able to find work in retirement due to health reasons, research by Swedish pension provider AMF has revealed
Posted: 12/02/25
PensionsEurope has urged the Lithuanian government to reconsider its proposed pension reforms, warning that they would “severely undermine” the country’s retirement system.
PensionsEurope argued that the changes, which include replacing automatic enrolment with voluntary participation, could risk “significantly weakening” retirement security and pose a “serious threat” to future pensions adequacy
PensionsEurope argued that the changes, which include replacing automatic enrolment with voluntary participation, could risk “significantly weakening” retirement security and pose a “serious threat” to future pensions adequacy
Posted: 12/2/25
The aggregate surplus of defined benefit (DB) pension schemes in the UK rose to £239bn in January 2025, as DB scheme funding continued to strengthen, the Pension Protection Fund's (PPF) 7800 Index has revealed
Posted: 11/2/25
Legal experts have filed a complaint with the Dutch Public Prosecution Service against the directors of the Occupational Pension Fund for Pilots (BPL), arguing that the board committed embezzlement when switching to the new pension system
Posted: 11/2/25
Austrian pension and provision funds saw an “exceptionally successful year” with domestic pension funds achieving a performance of 7.76 per cent in 2024, the Association of Pension and Provident Funds (WKÖ) found
Posted: 11/02/25
Pensions are the most important asset for most Danish savers, representing the largest asset for 60 per cent (2.9 million) Danes, research from Insurance and Pension Denmark (I&P Denmark) has revealed
Posted: 11/2/25
Iceland’s Lífeyrissjóður Verzlunarmanna (LV), the pension fund for those working in retail, has published an updated list of excluded investment options on its website
Posted: 10/02/25
Young Dutch part-time workers are not deterred by the prospect of a smaller pension pot at retirement, according to research by the Dutch Federation of Pension Funds (Pensioenfederatie)
Posted: 10/02/25
Around 10,000 Danish state pensioners and early retirement recipients return to the labour market every year, new figures from Insurance and Pension Denmark (I&P Denmark) have revealed
Posted: 10/2/25
The number of Finnish private pensioners under 75 who feel their pension is insufficient has increased from 44 per cent a year ago to 52 per cent, a survey from Finnish earnings-related pension provider Ilmarinen has revealed
Posted: 10/02/25
The number of Finnish private pensioners under 75 who feel their pension is insufficient has increased from 44 per cent a year ago to 52 per cent, a survey from Finnish earnings-related pension provider Ilmarinen has revealed
Posted: 10/02/2025
Total global pension assets rose to a record high of USD 58.5trn in 2024, driven by growth in the largest defined contribution (DC) markets, analysis from the Thinking Ahead Institute (TAI) has revealed.
The latest Global Pension Assets Study revealed a 4.9 per cent increase in total pension assets, rising from USD 55.7trn at the end of 2023 to USD 58.5trn at the end of 2024
The latest Global Pension Assets Study revealed a 4.9 per cent increase in total pension assets, rising from USD 55.7trn at the end of 2023 to USD 58.5trn at the end of 2024
Posted: 10/2/25
The executive board of Norges Bank Investment Management has placed the company Fincantieri SpA under observation for a period of two years
Posted: 07/02/25
The latest news in brief and mandates from the past seven days
Posted: 7/2/25
Denmark's PFA achieved "record numbers" of premiums and deposits in 2024 despite market turbulence
Posted: 07/02/2025
The Pensions Regulator (TPR) in the UK has outlined plans to strengthen its defences against pension scams, by stepping up the multi-agency response it leads through closer collaboration, strategic partnerships and improved intelligence
Posted: 07/02/25
The Second Swedish National Pension Fund (AP2) generated a return of 8.2 per cent in 2024, after costs
Posted: 07/02/25
Denmark's Danica secured "top returns" for customers in 2024 despite significant losses in the health and accident business
Posted: 07/02/2025
The Netherlands Authority for Consumers and Markets has approved a partnership between Dutch pension fund ABP and telecom provider KPN to establish a new company, TowerCo, which will house 3,800 antenna sites
Posted: 07/02/25
Swedish pension provider Alecta is lining up Magnus Hall to take on the role of CEO, after several failed attempts at finding a candidate
Posted: 06/02/25
Denmark’s statutory pension fund ATP suffered an investment loss of DKK -0.1bn in 2024, accounting for 20 per cent of total assets
Posted: 06/02/25
Over three quarters (77 per cent) of senior pension fund executives anticipate that the overall risk environment for their pension funds will increase “dramatically” or “slightly” in 2025, research from Ortec Finance has revealed
Posted: 06/02/25
Norway’s Norges Bank Investment Management (NBIM), responsible for the investments of the Government Pension Fund Global, has engaged 480 companies on climate-related topics, covering 54 per cent of its financed emissions in 2024
Posted: 06/02/25
The policy funding ratio for Dutch pension fund PNO Media fell from 118.2 per cent to 117.5 per cent in the fourth quarter of 2024, despite positive investment returns, its latest funding update has revealed
Posted: 6/2/25
Iceland’s Almenni pension fund has announced that it has established a foreign securities portfolio
Posted: 05/02/25
Year-on-year inflation in the OECD, as measured by the Consumer Price Index (CPI), remained stable at 4.7 per cent in December 2024
Posted: 05/02/25
The Finnish pension reforms, particularly the shift towards a higher equity weighting in pension investments, will benefit younger generations in the long run by improving returns, Veritas chief investment officer, Laura Wickström, has said
Posted: 05/02/25
Sweden's AP7 had a "fantastic" 2024, according to its CEO, Pål Bergström, as returns averaged 27.3 per cent
Posted: 05/02/2025
The UK's Nest is to acquire a 10 per cent stake in IFM Investors’ (IFM) holding company, Industry Super Holdings, with the aim of boosting UK private market investments
Posted: 05/02/25
Sweden’s Finansinspektionen (FI) has proposed amendments to regulations and general guidelines on supervisory reporting for occupational pension firms
Posted: 04/02/25
Aviva Investors has announced the launch of a Venture and Growth Capital fund, with an initial £150m commitment from Aviva, as the group looks to "open up" investment opportunities for its defined contribution (DC) pension members
Posted: 04/02/25
PFA customers are checking their pensions ‘like never before’, according to data from the Danish pension provider
Posted: 04/02/2025
The indicative average funding ratio of Dutch pension funds rose to 119 per cent in January, according to Aon Netherlands’ Pension Thermometer
Posted: 04/02/25
Sweden’s AMF is selling its 33.3 per cent stake in Finnish real estate company Mercada to the retail group Kesko
Posted: 03/02/25
The UK government's plans to lift restrictions on how defined benefit (DB) surplus funds can be invested could go much further than most in the industry initially thought, analysis of the plans by LCP has suggested
Posted: 03/02/25
The Dutch Federation of Pension Funds (Pensioenfederatie) has called for clarity about the implementation of the laws and regulations surrounding the Future Pensions Act (Wtp)
Posted: 03/02/25
The Swedish government has confirmed that it will push ahead with plans to reduce the number of AP funds and to improve the competence requirements for AP fund boards
Posted: 3/2/25
The Danish government has proposed to restart the expansion of offshore wind in the North Sea, following the fact that no bids were submitted for the first tender, which ran until December 2024
Posted: 03/02/25
Ireland’s Pensions Authority has published a revised personal retirement savings account (PRSA) code of conduct
Posted: 31/01/25
Text messages between Elon Musk and Norges Bank Investment Management (NBIM) CEO, Nicolai Tangen, have been shared by NBIM after it decided to release all of the text messages between the pair in the interest of transparency
Posted: 31/1/25
Dutch pension fund ABP has invested €25m in Robin Radar Systems, a Dutch company that specialises in finding and tracking flying drones, to expand its offering in the Netherlands and abroad
Posted: 31/1/25
Denmark’s statutory pension fund ATP has entered into a final purchase agreement with Ontario Teachers’ Pension Plan board to acquire its ownership stake in the jointly owned holding company Kastrup Airports Parent ApS
Posted: 31/1/25
Industriens Pension has entered into an agreement with general contractor HHM for the construction of 171 homes, a daycare center and a shared activity center, in the new district, Landskabsbyen
Posted: 31/1/25
The assets of Spanish individual plans and Voluntary Retirement Savings Providers (EPSVs) increased by 6.16 per cent in 2024, equivalent to €7,119m, according to VDOS
Posted: 31/01/25
The latest news in brief and mandates from the past seven days
Posted: 31/01/25
Younger members of Dublin Fire Brigade, who feel betrayed by the new government due to its failure to honour commitments on pension reform, have delivered a letter to the Department of Housing, Local Government and Heritage, calling for an urgent meeting
Posted: 30/01/25
Iceland’s Lífeyrissjóður Verzlunarmanna (LV), the pension fund for those working in retail, has written to listed Icelandic companies in which it holds shares to underscore the need for nomination committees to improve their reporting processes on who is running for board positions
Posted: 30/01/2025
The gap between the best and worst-paying annuities in the UK market has “spiked” in recent weeks, reflecting the rise in bond yields, analysis by Just Group has revealed
Posted: 30/01/25
Nordea Liv has delivered its “best ever” result in 2024 with a profit of NOK 1,722m, before tax, an increase of almost 40 per cent on its 2023 result
Posted: 30/01/25
An Instagram influencer campaign, devised by Dutch pensions administrator TKP, BPL Pensioen and marketing agency Workmode, aims to make pensions "snackable" for young people
Posted: 30/01/2025
Finnish public sector pension provider Keva and asset manager Taaleri Kiinteistöt have partnered on a joint venture to invest €300m in high-quality rental housing projects in Finland's growth centres
Posted: 30/01/2025
There has been a 77 per cent increase in the number of female Sampension customers changing their investment risk profiles between 2023 and 2024, figures from Sampension have revealed
Posted: 30/01/2025
A third of Belgian self-employed people between the ages of 45 and 64 have not built up sufficient savings for a comfortable pension, research from Belgian financial services company NN has revealed
Posted: 29/01/2025
The Swedish Fund Selection Agency (FTN) has extended the tender period for actively managed global equity funds for a second time
Posted: 29/01/25
More than 90 per cent of Finns somewhat or fully agreed that it was important for them to be financially independent of their relatives in retirement, according to The Generation Barometer in collaboration with the Finnish Pension Alliance (Tela)
Posted: 29/01/2025
Dutch pension fund ABP reported a “good” return on investments, with a total return of 8.6 per cent in 2024, its annual report has revealed
Posted: 29/01/2025
Denmark’s statutory pension fund ATP is initiating an external evaluation of its investment strategy to ensure it is as “efficient as possible”
Posted: 29/01/25
Denmark’s Danica has adopted a stricter fossil fuel policy in its equity and bond investments, which will be applied to its Danica Balance, Danica Tidspension and Danica Traditionel pension offerings
Posted: 29/01/25
Norges Bank Investment Management (NBIM) has announced that the country’s Government Pension Fund Global (GPFG) made a return of 13 per cent in 2024
Posted: 29/01/25
“Financial materiality” is forcing asset owners, including pension funds, to incorporate nature and biodiversity into their sustainability strategies, according to a report by Pensions for Purpose
Posted: 28/01/25
The Fiat Chrysler Automobiles (FCA) emissions fraud has shone a light on the European Union’s “grossly inadequate” investor protection mechanisms, according to Better Finance, which is calling for a “level playing field” for all investors
Posted: 28/01/25
Dutch pension fund PME had a “dynamic” 2024 as it achieved an annual return of 8.7 per cent and its assets increased by €5.3bn to €59.9bn
Posted: 28/01/2025
In 2024, approximately 133,000 new Romanian customers began saving for retirement with a Pillar 3 pension, marking a 40 per cent increase from 2023, according to the Association for Privately Administered Pensions in Romania (APAPR)
Posted: 28/01/2025
Reforms to the Finnish earnings-related pension system could see equity allocations increase by 10 percentage points, according to analysis by the Finnish Centre for Pensions (ETK)
Posted: 28/01/25
The average funding ratio in the Dutch pension sector fell to 116.2 per cent in Q4 2024, after the value of the liabilities increased more than the value of the investments, De Nederlandsche Bank (DNB) has revealed
Posted: 28/1/25
The UK government has announced plans to lift restrictions on how well-funded occupational defined benefit (DB) pension schemes will be able to invest their surplus funds, in order to unlock "billions" of pounds to drive growth and boost pension pots
Posted: 28/1/25
The Sanofi Pension Scheme has completed a £1.4bn buy-in with Legal & General (L&G) Assurance Society Limited, securing the benefits of 4,900 retirees and 5,600 deferred members
Posted: 28/1/25
Iceland’s largest pension fund GIldi has published a report on its shareholder policy work for 2024 and set out plans to continue its work on remuneration in 2025
Posted: 27/01/25
Those in Baltic and Nordic countries are more likely to continue working during retirement, with the highest proportion of working pensioners in the European Union (EU) seen in Estonia, figures from Eurostat have revealed
Posted: 27/1/25
The public pension fund of the Canton of Neuchâtel (CPCN) recorded a ‘remarkable’ return of 8 per cent in 2024, consolidating its financial base
Posted: 27/01/2025
The UK defined benefit (DB) pensions de-risking market is likely to see £50bn in bulk annuity transactions and £20bn in longevity swaps in 2025, according to analysis from WTW
Posted: 27/01/25
Gender equality is a “crucial" driver of business success and a matter of “fundamental fairness” for the pensions and insurance sector, European Insurance and Occupational Pensions Authority (EIOPA) chair, Petra Hielkema, has said
Posted: 27/1/25
Stichting Beroepspensioenfonds Loodsen, the Dutch pension fund for pilots, has confirmed it will increase pensions by 8 per cent following its transition to the new Dutch pension system
Posted: 27/01/25
The Dutch fund for the care and welfare sector Pensioenfonds Zorg en Welzijn (PFZW) has raised concerns around the New Social Contract's (NSC) proposed changes to the Dutch Future Pensions Act (Wtp)
Posted: 27/1/25
The Irish Association of Pension Funds (IAPF) has announced that its current CEO, Jerry Moriarty, is to step down from the role at the end of February
Posted: 24/01/25
The Pension Fund of the Icelandic Commercial Pilots' Association (EFÍA), which is managed by Arion Bank Asset Management, will increase its exposure to foreign equities in 2025.
Posted: 24/01/25
The Finnish pension working groups have delivered on their task set by the country’s Prime Minister, Petteri Orpo, to agree on pension reforms for the earnings-related pension system
Posted: 24/01/25
Austrian pension provider Valida reported that its Pensionskasse and Vorsorgekasse achieved “significantly” better returns than the market average in 2024, according to its annual results
Posted: 24/01/2025
Several Dutch pension funds have published funding updates for their schemes, with all funds reporting a fall in current funding ratios
Posted: 24/01/2025
The UN’s International Fund for Agricultural Development (IFAD) has issued its 10th sustainable bond for SEK 900m under its Sustainable Development Finance Framework to Swedish pension investors Skandia and Kåpan
Posted: 24/1/25
The German Economic Institute (GEI) has posited that pension funds could be persuaded to use their considerable assets to fuel domestic economic growth by investing in venture capital
Posted: 24/01/25
The latest news in brief and mandates from the past seven days
Posted: 24/01/25
Two distinct camps are emerging among institutional investors concerning their perceptions of active ETFs, according to the latest research, with 27 per cent being ‘early adopters’ and 73 per cent being ‘considerers’
Posted: 23/01/25
Pension scheme professionals are "split" on the primary benefit of private assets, with the majority expecting private equity distributions to increase over the next three years, an Ortec Finance survey has found
Posted: 23/01/25
Romanians have saved over €30bn in the country’s second pillar pension system, according to the Association for Privately Administered Pensions in Romania (APAPR)
Posted: 23/01/25
Dutch pension fund ABP has put out a statement for participants after several press reports said that it was selling its shares in Tesla
Posted: 23/01/2025
Almost a third (29 per cent) of working-age Estonians cannot afford to save for retirement, a Norsta survey commissioned by Luminor found
Posted: 23/01/2025
The estimated return of Icelandic pension funds in 2024 was 6.5 per cent, for collective insurance and private ownership, according to the Icelandic Pension Fund Association
Posted: 23/01/25
The return potential of long-term equity investments should be used in the German pension system, according to Deutsches Aktieninstitut
Posted: 23/01/25
Italy’s Fondaereo, the supplementary pension fund for air transport navigators, reported its assets grew by over €7m in 2024, reaching around €423m in total
Posted: 23/01/2025
Danish pension provider PFA has highlighted how views on investing in weapons are changing, as its director of responsible investments, Rasmus Bessing, detailed the provider’s work in the area in 2024, and what to expect in 2025
Posted: 22/01/25
Members of the Danish Doctors' Pension Scheme benefited from a good investment year in 2024, with "solid" returns across a range of different risk profiles, an update from Lægernes Pension and Bank has revealed
Posted: 22/1/25
Dutch pension fund ABP has switched to a new portfolio for equities in developed markets and will invest in a selection of companies that meet its criteria
Posted: 22/01/2025
Norges Bank Investment Management (NBIM), responsible for the investments of Norway’s Government Pension Fund Global (GPFG), has announced a partnership with Grosvenor, a UK property business
Posted: 22/1/25
Denmark's P+ reported that 2024 was a 'good' investment year, resulting in high returns for members, crediting market developments throughout the year for the high returns
Posted: 22/01/2025
The board of directors of France’s Établissement de Retraite additionnelle de la Fonction publique (ERAFP) has updated its voting policy at annual general meetings (AGMs) and engagement guidelines
Posted: 22/01/25
The Dutch Federation of Pension Funds (Pensioenfederartie) has said it is “deeply dismayed” by the Dutch political party, New Social Contract’s (NSC), proposed amendment to the Dutch Future Pensions Act (Wtp)
Posted: 22/01/25
Several Dutch pension funds have published December updates for their schemes, with mixed results in their current funding ratios
Posted: 22/1/25
The Dutch pension fund UWV, for employees of the Dutch Workers Insurance Authority (UWV), has agreed on a transition plan with UWV and its social partners
Posted: 21/01/25
Swedish pension provider AMF has decreased fees for approximately four million traditional insurance savers, with the variable fee being reduced by over 30 per cent, from 0.15 per cent to 0.1 per cent
Posted: 21/1/25
Sweden’s KPA Pension has adopted climate targets to reach net-zero emissions in its asset portfolios by 2050, after fulfilling its previous climate sub-goals as of 1 January 2025
Posted: 21/1/25
The Swedish Pensions Agency has announced that its head of analysis, Ole Settergren, is to leave the agency after 30 years of service as his private commitments are “not compatible” with the role
Posted: 21/01/25
Nearly all (93 per cent) of UK and European institutional investors, including pension funds, have expressed significant unease over the future of sustainability practices under a Trump presidency, research from Pensions for Purpose has revealed
Posted: 21/1/25
The number of Danes who took disability pensions under the age of 40 decreased for the first time in a decade in 2024, research from the Danish Agency for Labour Market and Recruitment (STAR) has found
Posted: 21/1/25
The Dutch Federation of Pension Funds (Pensioenfederatie) has called on the European Commission (EC) to “better account for the unique position of pension funds in the legislation”
Posted: 20/01/25
A new pension lifecycle product, AlfaPension, launched by Denmark’s AkademikerPension has generated a stronger return in 2024 than the pension fund’s traditional products
Posted: 20/01/25
Ireland’s Pensions Authority has set out the reporting timelines for major ICT-related incidents and significant cyber threats, necessary under the Digital Operational Resilience Act (DORA)
Posted: 20/01/25
Dutch financial services provider Achmea has invested €50m in the Achmea Dutch Residential Impact Fund (ADRIF), to buy older, poorly insulated rental homes and to make them more sustainable
Posted: 20/1/24
Musculoskeletal disorders and mental health issues are the most common reasons for Ilmarinen's disability pension applications, the Finnish earnings-related pension provider has revealed
Posted: 20/1/24
With the upcoming election in Germany, Pete Carvill discusses what this means for pension policy in the country
Posted: 20/01/25
The average score for how pension funds deal with complaints has risen to 89 per cent, up from 91 per cent in 2023, according to research by the Dutch Federation of Pension Funds
Posted: 17/1/25
APG has announced that it will invest exclusively for Dutch pension fund ABP from around 2030
Posted: 17/1/25
Finnish public sector pension provider Keva and Aktiivitilat have invested in a newly established a real estate investment company, with a focus on light industrial properties in Finland
Posted: 17/1/25
Several international investors, including Sampension, have joined forces to put pressure on Hyundai to ensure basic labour and human rights
Posted: 17/1/25
Norges Bank Investment Management (NBIM), responsible for the investments of the Government Pension Fund Global (GPFG), has excluded one company from the GPFG and will end special ownership dialogues with two companies
Posted: 16/1/25
The People’s Pension (TPP) has announced plans to invest a "significant" proportion of the £31bn of assets it manages in private markets later this year, with a target of growing this allocation to 10 per cent, or £4bn, by 2030
Posted: 16/01/25
Finnish earnings-related pension provider Elo rejected 45 per cent of disability pension applications in 2024 as the number of applicants continues to rise
Posted: 16/01/25
Just 20 per cent of European Union (EU) consumers are members of an occupational pension scheme, according to the European Insurance and Occupational Pensions Authority’s (EIOPA) 2024 Consumer Trends Report
Posted: 16/01/25
The Labour MP, Torsten Bell, has been appointed as the UK's Pensions Minister after former Pensions Minister, Emma Reynolds, was named Economic Secretary to the Treasury
Posted: 15/01/25
Pension crises “will start to bite” over the next decade in super-ageing societies, according to the World Economic Forum’s (WEF) Global Risks Report 2025
Posted: 15/01/25
The German old-age dependency ratio is set to increase from 34 per cent in 2024 to 51 per cent by 2050, Allianz Germany research has found
Posted: 15/1/25
The Net Zero Asset Managers Initiative (NZAM) is suspending activities to track signatory implementation and reporting
Posted: 15/01/25
Finnish earnings-related pension provider Varma experienced a 6.5 per cent increase in disability pension claims in 2024
Posted: 14/01/25
The aggregate surplus of UK defined benefit (DB) pension schemes fell to £226.2bn at the end of December 2024, down from £235.5bn at the end of November, the Pension Protection Fund’s (PPF) 7800 Index has revealed
Posted: 14/01/25
Nearly one in five (18 per cent) pension funds believe they do not have enough liquidity to withstand adverse scenarios, research from Ortec Finance has revealed
Posted: 14/1/25
The UK's Prudential Regulation Authority (PRA) has outlined how it expects bulk purchase annuity (BPA) insurers in the UK to manage increased growth and complexity in the market, including on the use of funded reinsurance
Posted: 13/1/25
Danish pension provider Velliv delivered a “very good” year for pension savers in 2024, with market returns between 11.2 and 14.3 per cent for a typical customer with medium risk and 15 years to retirement
Posted: 13/1/25
The Danish government's new bill is expected to make it more attractive to "invest green", by making it possible for pension funds and insurance companies to own and operate forests through a subsidiary, Denmark's Forsikring & Pension (F&P) has said
Posted: 13/1/25
ATP Long-term Danish Capital has acquired 30 per cent of the existing shares in XCI, a technology company that delivers lawful interception and communication intelligence solutions
Posted: 13/1/25
Around six out of 10 Swedes are happy for their pension investments to contribute to civil preparedness, with residents of the Stockholm area most supportive of this idea, research from KPA Pension has revealed
Posted: 13/1/25
Ireland’s Pensions Authority has provided an update on the Digital Operational Resilience Act (DORA) for pension schemes
Posted: 10/01/25
The UK government has confirmed that it will maintain pension funds’ exemption from the clearing obligation for the longer-term, after industry feedback revealed "clear evidence" that removing the exemption would reduce schemes' ability to invest in productive assets.
In the UK, pension schemes are currently exempt from the obligation to clear certain derivative contracts, after the government extended the exemption until 18 June 2025 last year
In the UK, pension schemes are currently exempt from the obligation to clear certain derivative contracts, after the government extended the exemption until 18 June 2025 last year
Posted: 10/1/25
The Dutch fund for the care and welfare sector Pensioenfonds Zorg en Welzijn (PFZW) has provided a loan of €65m to the Dutch Railways (NS), to make the future of rail transport more sustainable
Posted: 10/1/25
The Czech Finance Ministry is drafting a proposal that would see workers in ‘demanding’ professions receiving up to 4 per cent of their gross salary as a third pillar pension contribution from their employers each month, according to the Association of Pension Companies of the Czech Republic
Posted: 10/1/25
There have been no Danish self-retirees in the past two years, despite worries that the rising retirement age and the well-developed pension system would make people leave the labour market before state pension age, research by Insurance and Pension Denmark (I&P Denmark) has found
Posted: 9/1/25
Danish pension company PenSam has acquired two properties in Greater Copenhagen, including 376 newly built apartments and nine commercial units
Posted: 9/1/25
Utmost Life and Pensions has confirmed that it has entered the UK pension bulk purchase annuity (BPA) market, having successfully transacted with two external pension schemes in Q4 2024
Posted: 09/01/25
A series of changes to the German state pension are set to come into force this month
Posted: 09/01/25
Between 2018 and 2023, 459 people retired on Finland’s years-of-service pension, highlighting the narrow reach of the scheme since its 2017 introduction, research from the Finnish Centre for Pension (ETK) has found
Posted: 8/1/25
UK defined benefit (DB) pension schemes are “ready to de-risk” following recent funding improvements, according to the Broadstone Sirius Index, with both half- and fully-hedged pension schemes finishing 2024 in better funding positions than they started
Posted: 08/01/25
There is no need for additional action on liquidity risks at a European Union (EU) level and the use of policy recommendations from the Financial Stability Board (FSB) for non-bank participants risks adding further horizontal regulation for IORPs, PensionsEurope has warned
Posted: 08/01/25
Norway’s Government Pension Fund Global (GPFG), managed by Norges Bank Investment Management (NBIM), has considered adjusting its benchmark index for equities following an increase in small companies
Posted: 8/1/25
Icelandic pension funds returned 3.6 per cent in the first nine months of 2024, minutes from the Central Bank of Iceland’s Financial Stability Committee (FSN) meeting reveal
Posted: 07/01/25
Danica Pension, owned by Danske Bank, changed its name to ‘Danica’ on 1 January 2025
Posted: 7/1/25
C&J Clark Pension Fund has completed a £540m buy-in with Pension Insurance Corporation (PIC), securing the pensions of almost 5,000 pensioners and dependants and over 3,000 deferred policyholders
Posted: 07/01/25
Finnish earnings-related pension company Varma has warned that scam text messages are circulating using its name
Posted: 07/01/25
Achmea Investment Management (Achmea IM) has officially completed the acquisition of Blue Sky Group Asset Management
Posted: 06/01/25
The average yield of the dynamic funds of the new pension fund (DPS) was 15 per cent at the end of November 2024 alone, offering clients more than good returns this year, the Association of Pension Companies of the Czech Republic (APS) has said
Posted: 6/1/25
UK retirees have been encouraged to 'shop around' for the best annuity rates, after analysis by Just Group found that annuity rates on offer to a 70-year-old aren’t automatically better than those available to a 65-year-old
Posted: 06/01/25
There are less than three weeks left to enter the Wealth and Asset Management Awards 2025, with the 24 January deadline fast approaching
Posted: 06/01/25
The pension enrolment limit for nurses in Norway has been abolished, following amendments to the Nurses’ Pension Act, effective 1 January 2025
Posted: 6/1/25
Stichting Beroepspensioenfonds Loodsen, the Dutch pension fund for pilots, has confirmed it has transitioned to the new Dutch pension system, after becoming the first scheme to receive approval to transition from De Nederlandsche Bank
Posted: 03/01/25
Norges Bank Investment Management (NBIM), responsible for the investments of the Government Pension Fund Global, has acquired a 45 per cent interest in a US logistics portfolio, in a new joint venture with Goodman Group
Posted: 3/1/25
Dutch pension fund assets increased in 2024 but liabilities remained roughly the same, according to Aon Netherlands
Posted: 03/01/25
As we begin 2025, European Pensions considers some of the key things to look out for this year
Posted: 03/01/25
PensionsEurope has given its support to the European Commission’s initiative to review the EU framework for simple, transparent and standardised securitisation
Posted: 02/01/25
The UK pension risk transfer (PRT) market is set for a "vibrant year" in 2025, according to LCP, as the number of transactions is expected to surpass 300 for the first time
Posted: 02/01/25
The Dutch pensions regulator, De Nederlandsche Bank (DNB), is to further investigate several ‘points of attention’ on a consultation on environmental, social and governance (ESG) reporting statements, following negative feedback
Posted: 02/01/25
The Swedish Pensions Agency has taken legal action against Swedbank, filing a SEK 2.79bn lawsuit in the Stockholm District Court, for the bank’s role as custodian of the Optimus High Yield fund
Posted: 2/1/25
Norges Bank Investment Management (NBIM), responsible for the investments of the Government Pension Fund Global, has acquired an additional 50.1 per cent interest in eight office properties in the USA
Posted: 2/1/25
As we come to the end of 2024, we take a look back at our year-long focus on financial literacy, taking a closer look at some of the progress made to improve financial understanding, and the work still to be done
Posted: 23/12/24
As 2024 draws to a close, European Pensions takes a look back at some of the most-read stories from the year
Posted: 23/12/24
Norges Bank Investment Management, responsible for the investments of the Government Pension Fund Global, has agreed to acquire an 80 per cent interest in a Paris office property
Posted: 23/12/24
Dutch pension fund BpfBOUW will switch to the new pension rules, with effect from 1 January 2026
Posted: 20/12/24
The Danish pensions industry has welcomed the government's backing of a number of recommendations to boost public-private partnership investments
Posted: 20/12/24
The Swedish Pensions Agency has been tasked by the government to combat benefit fraud of the guarantee pension
Posted: 20/12/24
The European Insurance and Occupational Pensions Authority (EIOPA) has removed several previous guidelines in relation to Solvency II and the IORP II Directive to avoid overlaps and duplicates with the Digital Operational Resilience Act (DORA)
Posted: 20/12/24
The Dutch fund for the care and welfare sector Pensioenfonds Zorg en Welzijn (PFZW) has acquired a 49 per cent stake in Penta Infra, through its investment manager, PGGM
Posted: 19/12/24
Sweden’s AP7 and AMF have strengthened the joint ownership they have in the property company, Urban Escape, with AP7 exercising its option to acquire a further SEK 3.57bn in shares
Posted: 19/12/24
Almost a quarter (23 per cent) of Dutch pension funds will increase pensions in full or in part (56 per cent) in 2025, research from the Dutch Federation of Pension Funds has found
Posted: 19/12/24
The trustees of the Airways Pension Scheme have agreed a £340m longevity swap with Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, and Zurich Assurance Ltd
Posted: 19/12/24
The German Red Cross (Deutschen Rotes Kreuz) has outsourced the operational business of its pension fund to insurance firm Verka
Posted: 19/12/24
The Dutch fund for the care and welfare sector Pensioenfonds Zorg en Welzijn (PFZW) has provided a €50m loan to support the development of residential care locations in the Netherlands
Posted: 18/12/24
Additional obligations should not be introduced in relation to the supervision of liquidity risk management (LRM) of Institutions for Occupational Retirement Provision (IORPs), the Association of Paritarian Institutions (AEIP) has argued
Posted: 18/12/24
Just 6.5 per cent of the registers analysed in the dry run exercise on reporting the registers of information under the Digital Operational Resilience Act (DORA) successfully passed all quality checks, the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) have revealed
Posted: 18/12/24
Almost three quarters (74 per cent) of pension fund managers said the fund they work for would or was likely to increase contributions over the coming year, despite pension funds experiencing an improvement in their funded status, research from Ortec Finance has found
Posted: 18/12/24
The current funding ratio for Dutch pension fund PNO Media fell from 116.4 per cent at the end of October to 114.6 per cent at the end of November, its latest funding update has revealed
Posted: 18/12/24
Sweden’s Alecta has reduced the equity exposure in its defined benefit (DB) portfolio to 30 per cent, down from 35 per cent
Posted: 17/12/24
Regulatory action will not be taken against pension schemes that are unable to meet their pensions dashboards connection date because they are using a third party that has not completed its connection journey, the UK's Money and Pensions Service (Maps) has confirmed
Posted: 17/12/24
Insurance Sweden has warned that fraudsters are sending out emails pretending to be from the organisation
Posted: 17/12/24
Dutch Pensioenfonds Hoogovens’ current coverage ratio fell from 120.5 per cent in October to 119.1 per cent in November 2024, its funding update has found
Posted: 17/12/24
Denmark’s PFA is ranked highest for customer satisfaction, overall rating, and customer image, according to Aalund’s annual Company Pension Barometer
Posted: 17/12/24
Just 14 per cent of Danes are planning to contribute extra to their pensions before the end of the year, according to an Epinion survey conducted on behalf of Sampension
Posted: 16/12/24
Finnish earnings-related pension provider Varma has launched a €2.3bn exchange-traded fund (ETF), making it the largest equity fund investment of its kind in the world
Posted: 16/12/24
The pensions industry in the Netherlands has called on the Dutch government to create a “stable investment climate” and take a “leading role” in climate policy so that pension funds can contribute even more to the energy transition in the Netherlands
Posted: 16/12/24
Dutch pension funds ABP and bpfBOUW have invested in 75 new-build apartments in the yet-to-be-completed De Bison housing project in Maarssen, Netherlands
Posted: 16/12/24
Norges Bank Investment Management (NBIM), responsible for the investments of the Government Pension Fund Global, has made a new investment in the logistics sector
Posted: 16/12/24
The current funding ratio of Pensioenfonds PostNL decreased slightly over the past month from 131.9 per cent in October to 131.7 per cent in November 2024, its latest update has revealed
Posted: 16/12/24
The solvency ratio of Finnish earnings-related pension providers increased in the third quarter of 2024 to 129.3 per cent, according to the Finnish Pension Alliance (Tela)
Posted: 13/12/24
The trustee of the Wates Pension Fund, together with Wates Group, have agreed to transfer members' defined benefit (DB) pension benefits to Clara, marking the first UK superfund transaction with a scheme with an active sponsor
Posted: 13/12/24
The German branch of WTW has added a buyout solution to its current derisking platform
Posted: 13/12/24
Occupational pension funds and insurers are “well-positioned” to absorb potential economic shocks, according to the latest analysis from the European Insurance and Occupational Pensions Authority (EIOPA)
Posted: 13/12/24
The latest news in brief and mandates from the past seven days
Posted: 13/12/24
Almost a third (30 per cent) of UK defined benefit (DB) pension schemes are yet to decide their endgame target, with many more willing to consider their options rather than move automatically to buyout, research from Russell Investments has revealed
Posted: 12/12/24
The Swedish Fund Selection Agency (FTN) has extended the tender period for actively managed global equity funds due to “significant interest” in the procurement
Posted: 12/12/24
Sweden’s KPA Pension, part of the Folksam Group, has invested SEK 2,100m in a fund focused on investing in the green transition
Posted: 12/12/24
The Dutch pension fund ABP, for those working in the public sector, has invested €11.5m in Next Sense a software developer that helps make buildings smarter and more energy efficient
Posted: 12/12/24
Healthy defined benefit (DB) pension scheme funding levels are expected to continue in 2024, Legal & General (L&G) has said, with average UK pension risk transfer (PRT) market volume expected to reach £45bn per annum
Posted: 11/12/24
The property companies of the Danish pension funds, AP Pension and PensionDanmark, have partnered with the Planetary Responsibility Foundation to establish measurement methods for the impact of construction on biodiversity
Posted: 11/12/24
Danish pension company Velliv has warned that a significant fall in returns could be in store in 2025, despite delivering near-record returns in 2024
Posted: 11/12/24
Global pension schemes are expected to increase their allocations to private assets and Asian emerging markets, a report from Create-Research and Amundi has revealed
Posted: 11/12/24
Denmark’s Sampension has invested in the sustainable property company Home Earth
Posted: 10/12/24
Insurance and Pension Denmark’s employer organisation F&P Arbejdsgiver has begun collective bargaining with the Danish insurance federation, Forsikringsforbundet
Posted: 10/12/24
Thames Water Utilities Limited has agreed a recovery plan with the trustees of the Thames Water Pension Scheme (TWPS) and Thames Water Mirror Image Pension Scheme (TWMIPS), which is aimed at reducing the deficit to zero by 2029
Posted: 10/12/24
The Dutch fund for the care and welfare sector Pensioenfonds Zorg en Welzijn (PFZW) has invested in sustainable fuel through an investment in Elyse Energie
Posted: 10/12/24
Increased scrutiny on public disclosures is “driving measurable improvements” in pension transparency, the fourth Global Pension Transparency Benchmark has revealed
Posted: 10/12/24
Major issues are continuing to “plague” UK pension transfer regulations three years on from their introduction, according to Quilter
Posted: 09/12/24
Swedish pension provider AMF has distributed SEK 230m to 1.3 million pension savers
Posted: 09/12/24
Over seven in 10 Dutch people know something will change in the Dutch pension system, yet almost half are unable to name a concrete change, according to research Nibud
Posted: 9/12/24
Dutch mortgage funds received €2bn in new deposits from institutional investors, such as pension funds and insurers, over the first three quarters of 2024, less than in previous years, according to De Nederlandsche Bank (DNB) figures
Posted: 9/12/24
The jointly owned investment company of the first, third and fourth Swedish AP funds, Polhem Infra, in partnership with funds managed by Prime Capital AG, has committed approximately €420m to construct a 265 MW Lynx wind farm portfolio in Lycksele, Sweden
Posted: 6/12/24
Workers across the Volkswagen company in Germany went on strike earlier this week in partial protest at plans by the automotive giant to cut pensions
Posted: 06/12/24
The Danish government has received an additional DKK 4.5bn in taxation from Danish pension returns this year, which Insurance and Pension Denmark (I&P Denmark) has said is a “massive” contribution to society
Posted: 6/12/24
Denmark’s Sampension has excluded the company behind Temu, PDD Holdings, following an investigation
Posted: 06/12/24
The Swedish Fund Selection Agency (FTN) has announced that actively managed Swedish and European small-cap funds will be the next fund categories to be procured for the premium pension fund platform
Posted: 6/12/24
Nearly a quarter (24 per cent) of Swedes who have transferred their occupational pension are unaware they have they done this, research from AMF has revealed
Posted: 6/12/24
The Avimo Pension Scheme has completed a £50m buy-in with Rothesay, securing retirement benefits of all 611 scheme members, including 416 pensioners and dependants and 195 deferred members
Posted: 5/12/24
The Dutch government has been urged to improve the investment climate for the housing market, as the Dutch Pension Federation argued that this could "pave the way" for long-term investments by pension funds in affordable housing
Posted: 5/12/24
Finnish occupational pension funds grew by €6bn during the third quarter of 2024, with a total of €267bn in assets at the end of the period, according to Finnish Pension Alliance (Tela) figures
Posted: 5/12/24
Austrian pension funds achieved an average investment return of 1.87 per cent in the third quarter of 2024, according to the Austrian Control Bank
Posted: 5/12/24
A total of SEK 54bn will be deposited into Swedish premium pension savers’ accounts this week, bringing the total pension contribution for this year to around SEK 655bn, the Swedish Pensions Authority has revealed
Posted: 5/12/24
Norges Bank has announced plans to exclude two companies from Norway's Government Pension Fund Global (GPFG), following recommendations from the GPFG's Ethics Council
Posted: 5/12/24
Industry experts have suggested that there will be "little change" in pension policy following the Irish election, with the new government expected to be a coalition dominated by Fianna Fáil and Fine Gael
Posted: 4/12/24
German pension association Arbeitsgemeinschaft für betriebliche Altersversorgung e.V. (ABA) has said it does not believe that a revised Pan-European Pension Product (PEPP) will “substantially contribute” to counteracting the growing pension gaps in many EU member states
Posted: 4/12/24
Dutch pension fund ABP has taken over Dutch mortgages worth €2.7bn from NIBC’s mortgage platform, containing mortgages that have been granted in the past five years for homes of around 10,000 Dutch households in the Netherlands
Posted: 4/12/24
Lærernes Pension has announced plans to divest from PDD Holdings, which owns the Chinese trading platform Temu, acknowledging that the ongoing screening of the company "should have been better"
Posted: 4/12/24
A fifth of Norwegian savers have checked where their employer invested their pension money, despite the vast majority believing it was important to invest in sustainable funds, research by Ipsos for Gjensidige Pensionsforsikring has found
Posted: 4/12/24
The indicative average Dutch coverage ratio remained stable at 116 per cent in November, analysis from Aon Netherlands has revealed
Posted: 4/12/24
IORPs should not be treated as non-banking financial institutions (NBFIs), given their social role and how they are regulated, PensionsEurope has said
Posted: 3/12/24
Strong action is needed to make pension systems more inclusive and resilient, secure better outcomes for savers and contribute to sustainable economic growth and innovation, analysis from the Organisation for Economic Co-operation and Development (OECD) has suggested.
The report showed that, despite growth in assets, significant gaps in pension coverage remain, particularly for self-employed workers and employees not covered by collective agreements
The report showed that, despite growth in assets, significant gaps in pension coverage remain, particularly for self-employed workers and employees not covered by collective agreements
Posted: 3/12/24
The board of the Icelandic General Pension Fund has approved the investment strategy of the pension fund for 2025, including increased investment in foreign equities and bonds
Posted: 3/12/24
The majority (87 per cent) of Danes to some extent agree that if the retirement age does not increase as much as previously planned in the future, greater pension savings will be required and saving for retirement must be made politically more attractive, research from Sampension has found
Posted: 3/12/24
KION Group has completed a £250m full scheme buy-in transaction with Canada Life, securing the benefits of over 3,000 members and covering five different UK defined benefit (DB) pension schemes within the group
Posted: 2/12/24
The Swedish 'respect gap', the difference in pension between those who have worked their entire professional life and those who have worked little or not at all, has decreased “significantly” in recent years, a report from Skandia has found
Posted: 2/12/24
Sex workers in Belgium have been granted full employment rights, including pensions, after a new law came into force on 1 December
Posted: 2/12/24
Two thirds of Swedes who transferred their pension money did not know that they moved away from a savings account with a guarantee to a savings account without, research from KPA has revealed
Posted: 2/12/24
Over three quarters (83 per cent) of the 50 largest Dutch pension funds now include biodiversity in their responsible investment policy, a report by the Dutch Association of Investors for Sustainable Development (VBDO) has found
Posted: 29/11/24
The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have been urged to issue no-action letters to national competent authorities (NCAs) on the Digital Operational Resilience Act (DORA) enforcement due to legal uncertainties
Posted: 29/11/24
The DAA Defined Contribution (DC) Retirement Savings Scheme, for workers at Dublin Airport and Cork Airport, has become the first Irish pension scheme to complete the country’s Cost Transparency Standard (CTS)
Posted: 29/11/24
The latest news in brief and mandates from the past seven days
Posted: 29/11/24
A further delay to the start of auto-enrolment (AE) in Ireland until early 2026 would not be surprising, PensionsEurope chair and Irish Association of Pension Funds CEO, Jerry Moriarty, has said
Posted: 29/11/24
German bank Berenberg is going into a cooperative arrangement around pensions consulting with the firm Lurse Deutsche Pensions Treuhand
Posted: 28/11/24
UK pension funds are expected to be more resilient against climate change than their global peers, although some UK schemes could see their investment return declines exceeding 20 per cent from transition risks, analysis from Ortec Finance has revealed
Posted: 28/11/24
Ireland’s Pensions Authority is to look at introducing the option for in-scheme drawdown as part of its future plan, its director, John Gethin, has said
Posted: 28/11/24
The European Commission (EC) should focus more on advancing pension saving goals, and less on regulating products, Sigedis general director, Steven Janssen, has said
Posted: 28/11/24
Swedish pension fund AP7 has added two new companies to its blacklist due to the companies' large-scale operations in the oil industry without climate transition plans
Posted: 28/11/24
Aviva Investors has launched its third Long-Term Asset Fund (LTAF), the Aviva Investors Multi-Sector Private Debt LTAF
Posted: 27/11/24
Of the 480 Irish defined benefit (DB) pension schemes, the largest 30 schemes represent over 50 per cent of the assets and liabilities of the schemes, Pensions Authority data has revealed
Posted: 27/11/24
Pension funds, along with insurance companies, have become the primary contributors to impact investments in private, unlisted markets, a new report has found
Posted: 27/11/24
The City of Oslo has uncovered a discrepancy in the reporting of teachers' pensions to the Norwegian Public Service Pension Fund (SPK) for teachers employed by Osloskolen (Oslo School), dating back to November 2017
Posted: 27/11/24
The Dutch pensions regulator De Nederlandsche Bank (DNB) has confirmed that Stichting Pensioenfonds PostNL has complied with a designation order to revise its funding agreement with its sponsoring employer
Posted: 26/11/24
The expected duration of active working life in Finland has increased more than life expectancy, analysis by the Finnish Centre for Pensions (ETK) has found
Posted: 26/11/24
The Wednesbury Pension Scheme has completed a £43m buy-in with Just Group
Posted: 26/11/24
The review of the IORP II Directive should be part of a more “comprehensive approach” towards the European Savings and Investment Union, according to European Commission DG FISMA, director, horizontal policies, Marcel Haag
Posted: 26/11/24
A “frank discussion” needs to be had with the pensions industry on the costs of products, according to European Commission DG FISMA, director, horizontal policies, Marcel Haag
Posted: 26/11/24
The majority (59 per cent) of European pensions industry experts believe government incentives or reforms would improve savings and pension sustainability for future generations the most
Posted: 26/11/24
The National Grid Electricity Group part of the Electricity Supply Pension Scheme has completed a £1.7bn buy-in with Aviva
Posted: 25/11/24
Dutch pension fund ABP has made a second investment in partnership with international real estate developer Greystar in a housing project of 560 rental homes in The Hague, Netherlands
Posted: 25/11/24
The world's largest 100 asset owners now hold a record $26.3trn in total assets, although pension funds saw the smallest growth rate, with assets held rising by 8.9 per cent from the previous year, analysis from Thinking Ahead Institute (TIA) has revealed
Posted: 25/11/24
A number of Nordic pension funds face losing capital on their investments in Swedish electric battery manufacturer Northvolt, following its Chapter 11 bankruptcy filing in the United States
Posted: 25/11/24
It is time for the European pensions industry to act as Europe needs a competitiveness boost, European Parliament member, Stephanie Yon-Courtin, has argued
Posted: 25/11/24
Four Danish pension companies have entered into an agreement to establish a fund that will support the green transition in developing countries
Posted: 22/11/24
Finnish public sector pension contributions will be reduced by 0.4 percentage points in 2025 to 26.75 per cent, Keva has revealed
Posted: 22/11/24
The European pensions sector should address current challenges to foster resilience, innovation, and inclusivity, European Insurance and Occupational Pensions Authority (EIOPA) chairperson, Petra Hielkema, has said
Posted: 22/11/24
Higher numbers of pension cyber incident reports in the UK have increased the response time of the Information Commissioner’s Office (ICO), according to research by law firm Eversheds Sutherland
Posted: 22/11/24
The latest news in brief and mandates from the past seven days
Posted: 22/11/24
The European Insurance and Occupational Pensions Authority (EIOPA) “stands ready” to implement and enforce regulations where needed and to flag areas requiring further action that are not within its current mandate, according to EIOPA chairperson, Petra Hielkema
Posted: 22/11/24
The New Crown Motor Sales Limited Staff Pension Scheme has completed a £2.2m buy-in with Just Group, securing the benefits of 36 members.
Posted: 21/11/24
The winners of the 13th annual Irish Pensions Awards were announced on Wednesday night at the highly anticipated gala dinner at The Round Room at the Mansion House in Dublin
Posted: 21/11/24
Denmark’s P+ has invested DKK 400m in a new global goals fund, which, via investments in the private sector in developing countries, is expected to help deliver on the UN's 17 global goals and ensure good returns for members' pensions
Posted: 21/11/24
The current funding ratio of Pensioenfonds PostNL fell slightly over the past month, dropping from 133.7 per cent in September to 131.9 per cent in October, its latest update has revealed
Posted: 21/11/24
Around half of Swedes mistakenly think that they need to make their own choices about their workplace pension, research from Sweden's AMF has found, raising concerns around how much savers understand about the occupational pension system
Posted: 21/11/24
The current funding ratio for Dutch pension fund PNO Media fell from 118.7 per cent in September to 116.4 per cent at the end of October, its funding update has revealed
Posted: 21/11/24
The Pensions Dashboards Programme (PDP) has published an updated version of its reporting standards, as the programme continues to move forward "with pace"
Posted: 20/11/24
German pension provider Versorgungsanstalt des Bundes und der Länder (VBL) has awarded a €1.25bn mandate to Nordea Asset Management (NAM), as part of its responsible investment strategy
Posted: 20/11/24
The transition to a green economy alone is “unlikely to threaten financial stability”, but when combined with other macroeconomic shocks, financial institutions may experience losses and disruption, according to the European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs)
Posted: 20/11/24
The Danish Doctors Pension Fund (Lægernes Pension) has adopted a new climate policy that has seen it vote against 870 board candidates at this year’s annual general meeting (AGM) season
Posted: 20/11/24
The majority (69 per cent) of Danes want to retire gradually from the labour market when the time comes, a survey from PFA Pension and Wilke has found
Posted: 20/11/24
Stichting Beroepspensioenfonds Loodsen, the Dutch pension fund for pilots, has become the first scheme to receive approval from De Nederlandsche Bank (DNB) to transition to the new Dutch pension system
Posted: 19/11/24
The Swedish government has launched a consultation aimed at making the procurement process of the Swedish Fund Selection Agency (FTN), which selects funds for savers to invest their premium pension in, more efficient
Posted: 19/11/24
WTW has launched its LifeSight solution for the French occupational pensions market
Posted: 19/11/24
Norges Bank Investment Management (NBIM) has announced plans to merge its real assets and equities units to create a new Active Strategies division
Posted: 19/11/24
Danish pension company Akademkir Pension has defended holding government bonds in countries that appear on the EU's blacklist of tax havens, following press criticism
Posted: 19/11/24
A project that will see the most “significant system reform” for the earnings-related pension sector in Finland has entered the tendering stages, according to the Finnish Centre for Pensions (ETK)
Posted: 18/11/24
The horizontal approach to the Sustainable Finance Disclosure Regulation (SFDR) is “presenting some challenges” for pension schemes, according to Pensions Europe
Posted: 18/11/24
Several Dutch pension funds have published October updates for their schemes, with all recording decreases to their policy ratios
Posted: 18/11/24
The UK government’s proposed draft collective defined contribution (CDC) pension legislation to extend CDC beyond single or connected schemes may be “unduly onerous”, the Society of Pension Professionals (SSP) has warned
Posted: 18/11/24
Norway’s KLP reported a return of 2.3 per cent in the third quarter (Q3) of 2024, bringing its total return up to the end of Q3 7 per cent
Posted: 18/11/24
With the collapse of the German government, what now for the country's planned pension reforms? Pete Carvill explains the situation
Posted: 15/11/24
The government has published two consultations on its plans to create defined contribution (DC) and Local Government Pension Schemes (LGPS) pension 'megafunds', alongside the Pensions Investment Review interim report
Posted: 15/11/24
The latest news in brief and mandates from the past seven days
Posted: 15/11/24
The number of pensioners receiving a Norwegian pension outside of the country has increased by 6.4 per cent in a year, according to figures from the Norwegian Labour and Welfare Administration (NAV)
Posted: 15/11/24
De Nederlandsche Bank (DNB) is “worried about hacks” on pension funds and other financial institutions, its economist, Maurice Doll, has said
Posted: 14/11/24
A majority of German small and medium-sized enterprises (SME) are “sceptical” about pure defined contribution (DC) pension schemes, according to a joint report by Generali Deutschland and F.A.Z. BUSINESS MEDIA
Posted: 14/11/24
Swedish occupational pension and life insurance companies made a return of 7.4 per cent on their investments in the first three quarters of 2024, according to statistics from Insurance Sweden
Posted: 14/11/24
UK Chancellor, Rachel Reeves, is set to announce plans to create 'pension megafunds' in her upcoming Mansion House speech, as part of a "radical" set of pension reforms designed to unlock billions of pounds of investment in infrastructure and local projects
Posted: 14/11/24
Three quarters of Danes who paid into an instalment pension this year could be at risk of facing an "unnecessary" tax bill as a result of not checking whether their payments will exceed the deduction ceiling, research from Sampension has revealed
Posted: 14/11/24
Danish pension provider Danica Pension has published a new strategy to enhance its customer offering and strengthen sustainability
Posted: 14/11/24
A group of institutional investors is calling on the European Parliament to reject a proposed delay of the European Union Deforestation Regulation (EUDR)
Posted: 13/11/24
Swedish pension provider AMF reported a total return of 8.6 per cent in the first three quarters, January to September, of 2024, it has revealed
Posted: 13/11/24
Insurance and Pensions Denmark (I&P Denmark) has welcomed an agreement to increase cooperation in the field of hydrogen between Denmark and the Netherlands, highlighting the deal as “good news” for the challenged renewable energy market in Denmark
Posted: 13/11/24
Retired women in the Netherlands receive an average of 40 per cent less from their pension than men, research from Wijzer in Geldzaken has revealed
Posted: 13/11/24
Pension funds are following an “industry-wide trend” of favouring passive management and are “increasingly viewing” exchange traded funds (ETFs) as “attractive investment vehicles”, according to PwC Luxembourg global fund distribution leader, Christophe Saint-Mard
Posted: 13/11/24
“Key areas of development” have been identified to improve the Swedish pensions dashboard’s retirement planning service
Posted: 13/11/24
utch financial institutions must “look beyond” the countries in which they are invested as they are “vulnerable” to geo-economic fragmentation through the value chains of the firms in which they invest, according to De Nederlandsche Bank (DNB) director of monetary affairs and financial stability, Olaf Sleijpen
Posted: 13/11/24
Icelandic pension funds are against being subject to the same rules as banks and insurance firms, due to their “uniqueness” in that they have a social role in society
Posted: 12/11/24
The Pensions Age Spring Conference 2025 is now open for registration, offering pension schemes and those working in the industry the opportunity to both learn and network alongside their peers
Posted: 12/11/24
The Finnish Ministry of Social Affairs and Health has confirmed the occupational pension insurance contributions for the private sector for 2025
Posted: 12/11/24
The aggregate surplus of UK defined benefit (DB) pension schemes increased to £485.1bn at the end of October 2024, up from £476bn at the end of September, the Pension Protection Fund’s (PPF) 7800 Index has found
Posted: 12/11/24
Denmark’s AkademikerPension has announced plans to invest DKK 685m in a new fund, which specialises in providing loans to companies and projects in developing countries that help meet the UN's global goals
Posted: 12/11/24
The Dutch pension fund ABP has increased its investment in ILX, a fund that provides sustainable loans to emerging countries, allowing countries and companies in Africa and Asia to start projects to combat climate change
Posted: 12/11/24
Less than one in 10 (9 per cent) listed high-risk companies invested in by Finnish earnings-related pension provider Varma have an action plan to address biodiversity loss within their operations, research from Varma has found
Posted: 11/11/24
“Almost all” German companies have switched to using a defined contribution occupational pension scheme for employees, according to WTW
Posted: 11/11/24
Real estate investments held by Finnish earnings-related pension providers are valued “largely in line with current market conditions”, according to a thematic review by the Finnish Financial Supervisory Authority (FIN-FSA)
Posted: 11/11/24
Age is the main factor for determining pension risk tolerance among PGB members, as younger participants are more willing to take risks with their pension savings, the Dutch pension fund found
Posted: 11/11/24
The Finnish Ministry of Social Affairs and Health has confirmed the life expectancy coefficient for 2025, which will reduce starting pensions by 5.241 per cent
Posted: 11/11/24
Norges Bank Investment Management (NBIM), responsible for the investments of Norway’s Government Pension Fund Global (GPFG), has acquired an additional 10 per cent interest in a UK property
Posted: 11/11/24
The Dutch pension fund PME has committed €40m to an investment fund that invests in private companies with a circular business model, bringing its total allocation in this area to over €200m
Posted: 08/11/24
Denmark’s AP Pension has secured its largest contract to date with the addition of financial services firm, Nykredit, of which it is part owner
Posted: 08/11/24
Alecta’s board of directors has decided to increase defined benefit (DB) pensions by 1.6 per cent for 2025, aligning with inflation over the past year, resulting in a SEK 10bn distribution to customers
Posted: 8/11/24
Her Majesty Queen Máxima of the Netherlands is to raise awareness of the pensions gender gap with a planned visit to care institution, Ipse de Bruggen
Posted: 08/11/24
The Danish insurance and pension industry contributed DKK 18.3bn to the national treasury in 2024, according to Insurance and Pension Denmark (I&P Denmark)
Posted: 08/11/24
The latest news in brief and mandates from the past seven days
Posted: 08/11/24
UK defined benefit (DB) pension schemes reached a new record funding level in October, with a surplus of £330bn, PwC's Buyout Index has revealed
Posted: 07/11/24
“Suboptimal allocations” made by pension funds are “hindering financial growth for savers”, according to a report by Better Finance
Posted: 07/11/24
Norway’s Government Pension Fund Global (GPFG) has been recognised by the Global Pension Transparency Benchmark as the world's most transparent investment fund for the second year in a row, with a score of 100 points
Posted: 7/11/24
The Swedish Fund Selection Agency (FTN) has published its preliminary procurement plan for 2025, with planned tenders totalling 241.7bn
Posted: 07/11/24
The European Union’s only pan-European personal pension (PEPP) product “significantly outperformed” other UCITS and ETF funds in 2023, according to academic research
Posted: 07/11/24
The Government Pension Fund Norway (GPFN), managed by Folketrygdfondet, made a profit of NOK 5.6bn in the third quarter of 2024, its interim results reveal
Posted: 7/11/24
Nearly half (47 per cent) of Brits have expressed concern about the government's plans to bring pensions into the scope of inheritance tax, according to research by PensionBee
Posted: 06/11/24
The managing director of Iceland’s Frjálsi pension fund, Arnaldur Loftsson, has called for employees to be automatically enrolled into the country’s additional pension savings system
Posted: 06/11/24
The European Pensions Awards 2025 are open for entries
Posted: 06/11/24
The European Savings Institute (L'Observatoire de l'Epargne Européenne – OEE) has called for more transparency in the Belgian second and third pension pillars, as it noted that both pillars have experienced low returns over the longer term
Posted: 06/11/24
The Association of Pension Companies of the Czech Republic (APS) said the new pension scheme (DPS) was made up of more young people than older people
Posted: 6/11/24
One in four (25 per cent) Danish pension kroner is invested in the US so the outcome of the presidential election could have a “major impact” on Danes’ pension savings, according to Insurance and Pension Denmark (I&P Denmark)
Posted: 05/11/24
The Établissement de Retraite additionnelle de la Fonction publique (ERAFP) has invited tenders for three management mandates for a Sustainable and Responsible Investment (SRI) World Convertible Bonds portfolio
Posted: 5/11/24
The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have noticed “gradual improvements” in the quality and quantity of principal adverse impacts (PAI) disclosures reported under the Sustainable Finance Disclosure Regulation (SFDR)
Posted: 05/11/24
Further clarifications are needed around the UK government's plans to bring pensions into the scope of inheritance tax, industry experts have said, amid concerns that the changes could cause a "bureaucratic nightmare for grieving families"
Posted: 5/11/24
The Swedish Fund Selection Agency (FTN) has shared the final procurement specifications and given notice for the procurement of actively managed global equity funds, focusing on large and mid-cap companies in developed markets
Posted: 5/11/24
Danish pension fund ATP generated a return of DKK 10.6bn before tax in the first three quarters of 2024, corresponding to 9.7 per cent of the bonus potential, its quarterly report found
Posted: 5/11/24
Mercer, a Marsh McLennan business, has completed its acquisition of long-term savings specialist Cardano, for an undisclosed amount
Posted: 04/11/24
Swedish buffer funds AP2 and AP6 are against a proposal to consolidate the two funds into one fund, with the latter warning it risks a “significant reduction” in unlisted shares in the buffer fund system
Posted: 04/11/24
Danish pension company Velliv achieved returns in the third quarter of 2024 of between 3.1 per cent and 3.6 per cent on its VækstPension products for a typical customer with 15 years to retirement and with medium risk, its financial statement has revealed
Posted: 4/11/24
The indicative average Dutch coverage ratio fell to 116 per cent in October, analysis from Aon Netherlands has revealed
Posted: 04/11/24
Dutch pension funds have invested more in liquid, short-term investments, analysis from De Nederlandsche Bank (DNB) has found
Posted: 1/11/24
The unwinding of interest rate hedging as Dutch pension funds modify their investment strategies as they transition to the new system involves “significant risks”, according to the Dutch Federation of Pension Funds (Pensioenfederatie)
Posted: 01/11/24
Germany in 2024 has a series of interesting fringe parties dotted around the greyish, boring mass of mainstream politics, Pete Carvill explores what this means for German politics and pension policy
Posted: 01/11/24
Pensioenfonds PGB saw "good" returns on its investment portfolio, with an increase of more than 8 per cent since the end of 2023, its quarterly results have shown
Posted: 1/11/24
Danish pension provider Danica Pension made a profit of DKK 1.4bn in the first nine months of 2024 up from DKK 922m for the same period last year, its interim results reveal
Posted: 01/11/24
The latest news in brief and mandates from the past seven days
Posted: 01/11/24
The Swedish Fund Selection Agency has announced the results of both its European and global equities tenders for the country’s premium pension fund platform
Posted: 31/10/24
The European institutions for occupational retirement provision (IORPs) sector is “stable” in regards to risks but there are “signs of vulnerabilities” stemming from market volatility, according to the European Insurance and Occupational Pensions Authority’s IORP Risk Dashboard
Posted: 31/10/24
The UK Chancellor, Rachel Reeves, has announced plans to reduce tax-free overseas transfers of tax-relieved UK pensions, and to update the requirements for European Economic Area Overseas Pension Schemes
Posted: 31/10/24
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) have published the final report on the draft implementing technical standards (ITS) regarding certain tasks of the collection bodies and functionalities of the European Single Access Point (ESAP)
Posted: 31/10/24
Swedes born between 1949 and 1954 were mostly satisfied with their financial situation in retirement, as 78 per cent of women and 85 per cent of men felt they were in a good or very good financial situation today, a survey from Insurance Sweden has found
Posted: 31/10/24
The UK government has announced plans to remove the concession for pension pots to be passed on to anyone free of inheritance tax (IHT) as part of Chancellor, Rachel Reeves', Autumn Budget
Posted: 30/10/24
Spanish individual plans and Voluntary Retirement Savings Providers (EPSVs) have recorded an increase in assets of 5,654 million in the first nine months of the year, an increase of 6.16 per cent, according to VDOS
Posted: 30/10/24
Finnish earnings-related pension provider Veritas made a return of 6.7 per cent in the first nine months of 2024, its interim results reveal
Posted: 30/10/24
The Swedish Fund Selection Agency (FTN) has extended the tender period for actively and passively managed Swedish equity funds
Posted: 30/10/24
The Finnish earnings-related pension index will be 3077 in 2025, increasing pensions by 1.31 per cent at the turn of the year, the Finnish Centre for Pensions (ETK) has said
Posted: 30/10/24
The Deutsche Bank Pension Scheme has completed a £1.1bn full buy-in with Legal & General (L&G), securing the retirement benefits of around 4,000 members
Posted: 29/10/24
Tata Consultancy Services (TCS) has signed a 15-year contract with Ireland’s Department of Social Protection (DSP) to implement and run the country’s automatic enrolment (AE) scheme, which will be known as ‘My Future Fund'
Posted: 29/10/24
The average funding ratio of Dutch pension funds dropped by 1 percentage point to 118.3 per cent in the third quarter (Q3) of 2024, new statistics from De Nederlandsche Bank (DNB) reveal
Posted: 29/10/24
The prospect of an increasing retirement age is “not alarming” for young Danes, according to a study by Insurance and Pension Denmark (I&P Denmark)
Posted: 29/10/24
Over one in three (31 per cent) 56-65-year-old Danes said they have not checked their pension scheme this year, research by Sampension found
Posted: 29/10/24
Norges Bank Investment Management (NBIM), responsible for the investments of the Government Pension Fund Global (GPFG), has acquired a 97.7 per cent interest in an office property in San Francisco, USA, as part of a joint venture with DivcoWest
Posted: 29/10/24
The directors of the financial supervisory authorities in the Nordics have sent a joint letter to the European Supervisory Authorities (EBA, EIOPA, ESMA – the ESAs) calling for simpler regulation
Posted: 28/10/24
Sweden’s KPA Pension has said that although biodiversity is becoming an important focus in its pursuit of sustainable investment, “options are limited at present”
Posted: 28/10/24
Finnish earnings-related pension provider Varma made a return of 7.7 per cent, equivalent to €4.6bn, in the first nine months of 2024, its interim results reveal
Posted: 28/10/24
Finnish earnings-related pension provider Ilmarinen made an investment return of 7.4 per cent for the period from January to September 2024, equal to €4.4bn, its interim results reveal
Posted: 28/10/24
The Danish pension and insurance industry paid DKK 250m in the first year of the country’s special tax on the financial sector, according to analysis by Insurance and Pension Denmark (I&P Denmark)
Posted: 28/10/24
Proposed changes by De Nederlandsche Bank (DNB) to Dutch pension fund environmental, social and governance (ESG) reporting statements “offer no added value” and “completely misses the target”, according to the Dutch Federation of Pension Funds (Pensioenfederatie)
Posted: 25/10/24
Finnish earnings-related pension provider Elo made a return of 7 per cent, equivalent to €2.1bn, in the first nine months of 2024, which it attributed to the strong performance of listed equities
Posted: 25/10/24
Pensioners are not overrepresented in the group with the lowest incomes, Alecta's annual survey of Swedish pensioners’ financial situation has found
Posted: 25/10/24
A draft bill on reforming Germany’s third-pillar pension system is likely to cause “lasting damage” to occupational pension provision, according to the German pension association Arbeitsgemeinschaft für betriebliche Altersversorgung e.V.(aba)
Posted: 25/10/24
The latest news in brief and mandates from the past seven days
Posted: 25/10/24
Women in Sweden are at risk of receiving "significantly" lower pensions than men, despite the pay gap gradually closing, a report by Skandia has found
Posted: 24/10/24
The UK's HMRC repaid more than £44m to people who overpaid tax when they flexibly accessed their pensions in Q3 2024, the latest government Pension Schemes Newsletter has revealed
Posted: 24/10/24
German Chancellor, Olaf Scholz, has indicated that the country could add further flexibility to its retirement age in a bid to attract migrant workers
Posted: 24/10/24
Finnish public pension provider Keva, responsible for funding local government pensions, reported a return of 7.2 per cent, equivalent to €4.7bn, in the first nine months of 2024
Posted: 24/10/24
More than half (57 per cent) of Danes said the increasing financial benefits of staying in the labour market longer could make them consider delaying retirement, according to research from Sampension
Posted: 24/10/24
The Swedish parliament (Riksdag) has voted unanimously in favour of a government proposal to allow more flexible rules on payments from pension insurance and pension savings accounts
Posted: 23/10/24
The current coverage ratio of the Netherlands’ Pensioenfonds Hoogovens fell from 123.6 per cent to 122.6 per cent in September, its latest funding update has revealed
Posted: 23/10/24
Sweden’s Financial Supervisory Authority (FI) has closed its investigation into Nordnet Pensionsförsäkring AB
Posted: 23/10/24
The Dutch pension fund ABP achieved a positive investment return of 4.6 per cent, equal to €23.4bn, in the third quarter despite its financial position deteriorating slightly, its quarterly report has shown
Posted: 23/10/24
Asset under management (AUM) at Swedish pension provider Skandia increased by SEK 56bn from the start of the year up to the end of the third quarter (Q3)
Posted: 23/10/24
A global coalition of investors, including 27 pension funds and asset owners, has urged governments around the world to take "ambitious" policy and regulatory action to halt and reverse global biodiversity loss
Posted: 23/10/24
More than half (55 per cent) of UK annuity buyers in the past year have shopped around for the best terms and switched from their existing provider, Origo data has revealed
Posted: 22/10/24
France’s SGAM AG2R La Mondiale posted a net result of €121m for the first half of the year
Posted: 22/10/24
Norway’s Government Pension Fund Global (GPFG) made a "positive" return of 4.4 per cent, equal to NOK 835bn, in the third quarter (Q3) of 2024, according to Norges Bank Investment Management (NBIM)
Posted: 22/10/24
Dutch financial regulator De Nederlandsche Bank (DNB) has said that pension funds and insurers in the Netherlands are “financially sound” but their solvency “remains vulnerable”
Posted: 22/10/24
Norway’s Supreme Court has granted an appeal for a case relating to guard and vessel pensionable allowances in the country’s armed forces
Posted: 21/10/24
Finnish earnings-related pension provider Ilmarinen has announced it will make several redundancies as it “streamlines its organisation”
Posted: 21/10/24
Podcast: Stepping up to the challenge
In the latest European Pensions podcast, Natalie Tuck talks to PensionsEurope chair, Jerry Moriarty, about his new role and the European pension policy agenda
Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows
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