Global Pensions |
03 Sep 2010 |
Romania’s private pension system has only been operational since 2007, but they have been an eventful three years, as Chris Panteli discovers
Romania’s fledgling private pensions system was launched just as the scale of the global financial crisis became clear. Chris Panteli finds out how it has delivered under some of the tightest investment regulations in Europe
In collaboration with Global Pensions, Data Explorers brings you the latest global trends and analysis on securities transactions. John Arnesen reports
EUROPE - Pension funds should be able to decide for themselves whether the benefits of shareholder engagement outweigh the costs involved, the European Federation for Retirement Provision (EFRP) believes.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days (13 August - 20 August).
EUROPE - The European Commission is considering an EU-wide safety net for pension schemes similar to the UK's Pension Protection Fund (PPF).
UK - European Commission proposals for an adjusted version of Solvency II standards for pension schemes could cost Britain £500bn if they are implemented, the Confederation for British Industry has warned.
EUROPE - The European Commission has launched a Green Paper reopening the issue of solvency standards in pension schemes.
UK - The European Commission has approved a government loan to cover the set-up costs for the National Employment Savings Trust.
The European Parliament has postponed the adoption of the Alternative Investment Fund Managers directive after failing to reach an agreement between members at a meeting yesterday.
EUROPE - The EU is facing criticism from asset managers over its plans to raise its part of the €750bn (US$922bn) rescue package for embattled eurozone nations.
EUROPE - A European Commission Green Paper – due for release next week – is set to reopen the issue of solvency standards in pension schemes.
Pension fund managers could have been forgiven for feeling like the worst had passed when the industry emerged from 2009, though it appears the glow of recovery was merely a reprieve.
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