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Historical Press Releases |
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Historical Press Releases |
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Source: www.spensiones.cl Date: April 30, 2012 The Financial Superintendency of Colombia and the Chilean Superintendency of Pensions subscribed a memorandum...
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Source: www.asofondos.org.co Date: April 30, 2012 The fifth version of the FIAP-ASOFONDOS International Congress ended last April 27, 2012. Jorge Sicilia,...
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Source: www.asofondos.org.co Date: April 26, 2012 The Fifth FIAP-ASOFONDOS International Congress began on April 26, 2012. The first session of the event...
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Source: www.inese.es Date: April 26, 2012 The Colombian Association of Pension and Retirement Fund Managers (ASOFONDOS) has still not drawn up a proposal...
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Source: Boletin Diario de Seguros América Latina (BDSAL)Date: April 19, 2012 This week the Ministry of Economy and Finance (MEF) will receive the proposal...
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Source: www.inese.es Date: April 12, 2012 Governments must acknowledge that they are exposed to the risk of longevity, adopt methods for better sharing...
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Source: www.previsionsocial.gob.cl Date: April 4, 2012 On Wednesday, April 4, 2012, the Undersecretary of Social Security, Augusto Iglesias, announced...
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Source: www.inese.es Date: April 4, 2012 The Retirement Savings Fund Managers (AFORES) must be alert to the possibilities that may arise once projects...
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FIAP president meets with authorities of the government of El Salvador to discuss the Pension Reform
The President of the International Federation of Pension Fund Administrators (FIAP) travelled to El Salvador last Tuesday March 27, 2012, to meet with...
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Source: http: www.lanacion.com.arDate: March 23, 2012Through an increase in the coverage rate in the last few years, the pension system has enabled more...
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Source: www.inese.esDate: January 27, 2012After acquiring the operations of AFINIDAD AFAP en Uruguay, Grupo Sura will introduce new products into the...
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Source: www.fundsamericas.com Date: January 12, 2012Despite the complicated global economic forecast for 2012, the economic outlook in Mexico is optimistic,...
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Source: www.bis.org Date: January 9, 2012 The Board of Directors of the Bank for International Settlements (BIS) announced the appointment of Agustín...
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Source: AMAFORE Press Release.Date: October 3, 2011The Chairman of the Mexican Association of Pension Fund Managers (AMAFORE), Óscar Franco, announced...
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Source: Boletín Diario de Seguros de América Latina and www.asociacionafp.com.pe Date: September 5, 2011 The president of the Peruvian Association of...
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Source: FIAP based on www.minrel.gob.cl and www.oiss.org Date: September 1, 2011 On September 1, 2011, Chile subscribed the Agreement for the Application...
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Source: www.oecd.orgDate: July 25, 2011 The Organisation for Economic Co-operation and Development (OECD) has just published the last edition of "Pension...
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Source: www.asociacionafp.com.peDate: July 19, de 2011. The speech of the president of the Peruvian Association of AFPs, Beatriz Merino, on the occasion...
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Source: www.andina.com.pe Date: July 13, 2011 On July 13, 2011, the Standing Committee of the Congress approved raising from 30% to 50% the legal limit...
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Source: www.ipe.com Date: July 13, 2011On Wednesday, July 13, 2011 the Chamber of Deputies of the Czech Republic gave their support for the introduction...
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Source: FIAPDate: July 11, 2011.The President of the International Federation of Pension Fund Administrators (FIAP) and the Association of AFPs in Chile,...
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Source: www.amafore.org Date: June 29, 2011.Informal saving practices such as the “tandas” and “guardaditos,” with short-term objectives, as well as the...
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Source: Canal N De 6A9Date: June 15, 2011 Beatriz Merino, President of the Peruvian Association of AFPs, said that the current system has been in place...
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Source: www.asociacionafp.com.peDate: June 13, 2011.The President of the Peruvian Association of Pension Fund Managers (AAFP), Beatriz Merino, announced...
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Bill of law proposes retirement at 57
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Source: RPP.Date: June 1, 2011. An alternative system has been proposed whereby members would be able to decide whether commissions will be charged on...
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Source: FIAP.Date: May, 2011. On the occasion of the 15th General Annual Assembly of the International Federation of Pension Fund Administrators (FIAP),...
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Source: www.ipe.com and www.imf.org Date: April 14, 2011 The Slovakian government has confirmed that changes will be made to the investment rules applicable...
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Source: http: mx.reuters.com Date: April 13, 2011 In May, 2011, Mexico will publish the rules that will allow the local private pension funds to engage...
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Source: www.spensiones.cl Date: April 12, 2011 On April 12, 2011, the Superintendencies of Pensions, Banks and Financial Institutions, and Securities...
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Source: www.ipe.com Date: April 8, 2011 A controversial pension reform, which reduces the contributions to the second pillar of open private pension funds...
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Source: www.oiss.org Date: April 5, 2011 Due to the imminent enforcement of the Ibero-American Multilateral Convention on Social Security, the Ibero-American...
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Source: www.bnamericas.com Date: April 5, 2011 The multifunds pension system in Colombia will get off to a slow start, which was expected, based on similar...
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Source: www.ssa.gov Date: April, 2011 On March 1, 2011, the Malawian parliament passed a law which establishes a system of mandatory individual accounts...
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Source: Peruvian Association of AFPsDate: April, 2011 The Association of Private Pension Fund Managers (AAFP) informed the public that its last Regular...
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Source http: diariolibre.com.do and www.listindiario.com.do Date: March 30, 2011 On March 30, 2011, the Senate of the Republic signed the bill of law...
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Source: www.andina.com.pe Date: March 31, 2011 The Minister of Production, Jorge Villasante, announced that the management of the pension system for workers...
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The changes in the Hungarian and Polish systems have made FIAP uneasy
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Source: FIAP based on http: primermomento.com, www.jornada.unam.mx, www.rtve.es and www.emol.com Date: November, 2010 On Wednesday, October 27, 2010,...
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Source: www.bcentral.cl Date: November 4, 2010 In a meeting held on November 4, 2010, the Council of the Chilean Central Bank agreed to extend the maximum...
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Source: www.bcrp.gob.peDate: September 14, 2010 The Central Reserve Bank of Peru (BCRP) agreed to raise the foreign investment operating limit for the...
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Source: www.ssa.gov Date: September, 2010 On August 9, 2010, the Indian government introduced a new plan, the so-called “Swavalamban” (self confidence)...
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Source: www.ssa.gov Date: August, 2010On July 5, 2010, the Australian government published the final report on the Super System Review (see here), which...
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Source: www.socialsecurity.gov Date: July 2010On June 13, 2010 the Egyptian Parliament passed a pension reform law that will replace the current public...
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Source: FIAP based on information of the Romanian Association of Private Pension Funds (APAPR)Date: June 22, 2010The Romanian Ministry of Finance decided...
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The process of gradually extending the current retirement age from 62 to 65 begins in the Czech Republic this year. This is stipulated in the Pension...
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Source: http: member.bnamericas.com Date: December 29, 2009 President Luiz Inácio Lula da Silva has signed a bill creating Previc, Brazil's new regulator...
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Source: OECDDate: October 15, 2009 The OECD (Organization for Economic Co-operation and Development) and the IOPS (International Organization of Pension...
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Source: www.invertia.comDate: September 14, 2009 The profitability of the pension funds in the individually funded system improved by more than six percentage...
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Source: IPE.comDate: August 17, 2009 The European Federation for Retirement Provision (EFRP) has revamped its website, in a bid to offer visitors “better...
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The Berlusconi government has tabled a bill to equalise the pension age of men and women, following legal action initiated by the European Commission...
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According to figures supplied by PreviRed, over 2 thousand employers in Region XI of Aysén made the payment of pension contributions through this system....
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One of the 2009 priorities of the Regional Secretariat of the Ministry of Labor and Social Security is to promote pension culture and the importance of...
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Romania’s second pillar pension scheme made the first payout on Friday, February 20 2009, the first payment to its first beneficiary – a fresh retiree...
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The Austrian government has put in place a reform commission today to discuss changes to the laws on Pensionskassen (2nd pillar pension system, voluntary...
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JAPAN - A move by the Japanese government to allow employees to match employer contributions in defined contribution (DC) plans will accelerate the growth...
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Source: http: larazon.glradio.com and FIAPDate: November 26, 2008 BOLIVIA - The pension bill of Bolivia, prepared by the Department of Pensions (download...
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Not only fiscal and monetary policies attracted the attention of the Chairman of the Central Bank of the People’s Republic of Chine, Zhou Xiaochuan. Apart...
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Voluntary pensions market: 135,900 clients and EUR 18 millions (approx. US$ 23.28 millions) at the end of October, 2008 Over 10,000 Romanians became new...
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GLOBAL - The International Organisation of Pension Supervisors (IOPS) has appointed Solange Berstein, the currently Superintendent of Pensions in Chile, as...
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GLOBAL - The International Organisation of Pension Supervisors (IOPS) has approved of a new set of guidelines for the supervisory assessment of pension...
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A new study released by the European Commission confirms the trend towards more private pension provision in the European Union (EU) but highlights the...
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ROMANIA. The law on the establishment and functioning of the Guarantee Fund for private pensions could become a reality in the European spring of 2009,...
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TURKEY – Turkish private pension funds are close to TRY6 bn (approximately USD 4.38 bn) in value while the system is likely to cover two million participants...
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ROMANIA - The increase in the maximum deduction for contributions paid to voluntary pension funds (the 3rd pillar) is a big step ahead, but there is still...
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ROMANIA: BCR Leasing (part of ERSTE BANK GROUP) has announced today the acquisition of OMNIASIG Pensii (part of VIENNA INSURANCE GROUP (VIG)), with the...
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POLAND – The European Commission (EC) has threatened to take Poland to the European Court of Justice, unless it agrees to remove investment restrictions...
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SPAIN - Spanish pension funds’ estimated median returns are positive for the month of August in all the three classes of assets they hold, despite median...
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Romania´s mandatory pension funds, ranked by number of participants Rank Mandatory Pension Fund Total National Market Share at national scale Total Bucharest...
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INDIA - The Haryana government on Monday decided to introduce a new pension scheme for its all government servants who have joined service on or after...
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NEW ZEALAND – The Australian and New Zealand governments have agreed to allow retirement savings to be repatriated between the two countries, the New...
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ROMANIA - The first acquisition in the private pensions market could occur by the end of the year, the Romanian Private Pensions Supervisory Commission...
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UK - Companies have shown interest in collective defined contribution (CDC) schemes or said the government should change pensions legislation to accommodate...
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CZECH REPUBLIC – The Czech senate has approved legislation that will raise retirement and implement tougher requirement for early retirement. The senate,...
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ROMANIA – Private pension funds will change the financial landscape of Romania, accelerate the development of the equity and bond markets, according to...
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BULGARIA – The Bulgarian government has agreed to implement changes proposed by the Financial Supervision Commission to enable different risk levels in...
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ROMANIA – The Romanian second pillar is expected to collect €224m in contributions in their first year of existence - but that is not enough according...
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SERBIA – Within the next few years Serbia will be next in line in the CEE region to introduce a mandatory second pillar, Marija Medenica, director of...
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HUNGARY – Dutch financials group Aegon has announced it will merge its Hungarian pension fund with the ‘Uniqa and Public Service’ pension fund, following...
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The UK government is making changes to the Pensions Bill which will prevent employers from encouraging or forcing employees to opt out of pensions saving....
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Sweeping reforms to the Dutch labour market and pension system have been unveiled by the Bakker Committee. The key proposals of the committee, headed...
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Western European mandatory pension systems look set to follow the multi-pillar arrangements seen in Eastern European countries, say some industry experts....
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A bill seeking a provident personal savings plan for retirees or the Personal Equity and Retirement Account (PERA) has been approved by a bicameral conference...
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The Organisation for Economic Co-operation and Development (OECD) has warned Finland its medium-term fiscal policy challenges need to be addressed with...
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Baltic financials group Invalda has today announced it will enter the Latvian pension fund market with the acquisition of the Latvian investment manager...
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UK The Personal Accounts Delivery Authority (PADA) has begun search for three groups of specialist advisers to support the implementation of the personal...
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The number of people actively opting in to KiwiSaver is encouraging, according ING, the largest provider in the scheme.ING said there was a steady stream...
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The Polish ministry of labour and social policy has submitted two bills to the government for approval, to establish a payout system for Polish private...
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US - Pension plan sponsors are campaigning to improve the performance of their defined contribution (DC) plans, according to a study by Greenwich Associates....
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Longevity and caring for elder relations and children is squeezing the baby boomer generation and putting retirement security at risk, the Hartford Financial...
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Around 20% of New Zealanders who have enrolled in the KiwiSaver scheme since it was launched last year are under the age of 25, the government has revealed....
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The Finnish government has established a Pensions Forum to monitor the implementation of recent pension reforms. Liisa Hyssälä, the minister of social...
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The Superintendency of Pensions, (Supen), has published the mortality tables for calculating the complementary pension an individual will receive upon...
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The government has paid over A$1bn (US$0.9bn) in superannuation co-contributions this financial year, according to minister for superannuation and corporate...
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The world s leading institutional investors, including six pension funds, have been used as a model to develop best practices for all funds. In a joint...
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Italy is trying to encourage and incentivise supplementary pension provision at the moment, to try and reduce the liabilities on the State.
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The outgoing head of the first pillar fund AHV, urged politicians to limit mandatory pension provision to the first pillar by making supplementary pension...
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The government is looking to work with a single organisation capable of delivering “notes calculation and other documents” in relation to the nation’s...
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Denmark s national pensions database PensionsInfo says PFA and other providers have now come on board, bringing it closer to its goal of giving individuals...
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KiwiSaver is a scheme designed to encourage saving for retirement which sees new employees automatically enrolled and gives others the choice of opting...
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The Pension Fund Regulatory and Development Authority (PFRDA) has announced sweeping changes to the government New Pension Scheme (NPS). The changes include...
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Workers face an uncertain future as a quarter of all adults have made no provision of any kind to see them through retirement. The findings are part of...
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The adoption of defined contribution (DC) pension schemes has grown rapidly to cope with the effects massive demographic shifts towards elderly populations,...
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Employers will be required to contribute to a pension scheme on behalf of their workers, as part of legislation introduced to parliament in today’s Queen’s...
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Members of defined contribution (DC) schemes tend not to make a choice at all when given too many funds to choose from, two research studies have found...
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Britain's rapidly ageing population will create a significant problem for future pensions according to figures released today by the Office of National...
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The Chinese Ministry of Labour and Social Security (MOLSS) has signed a memorandum of understanding (MOU) with the Organisation for Economic Co - operation...
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The Irish Association of Pensions Funds (IAPF) is calling on the government to encourage a growth of industry-wide pension arrangements similar to that...
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The Irish government is preparing to launch its delayed green paper on pension reform and is now expected to unveil it within the month. Speaking at the...
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The Association of Consulting Actuaries (ACA) is urging the UK government to encourage risk - sharing schemes by introducing legislative reforms. Ian...
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The Association of Superannuation Funds of Australia (ASFA) has hailed changes to the age pension because it should enable 300.000 citizens to benefit...
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German asset manager Union Investment has teamed up with R V Insurance to offer a new funds-linked pension portfolio for self-employed people and government...
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Institutional Investment has made up the bulk of a deal between Norwegian financial firm Storebrand in its acquisition of SPP, a Swedish life insurance...
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The Financial Superintendant insists that the possibility of saving through a capitalization company must remain, disregarding the experts' critics on...
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The Private Pension Supervision Commission (CSSPP) has authorised five second pillar pension funds for sale in Romania.
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Most of the pension funds are actively promoting corporate governance.
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The UK government has awarded the contract for the review of civil servants pension delivery. Pricewaterhouse Coopers (PwC) was selected by the government...
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A report compiled by Allianz Global Investors said 8 of the 11 countries analysed had introduced new mandatory individual pension plans to create a capital...
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The Common Front for Retirement Security (CFRS) has recruited 14 organisations to fight for better governance of pensions, investments and savings.
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The Labour Ministry has unveiled a series of changes to the pension system, including a revision of investment limits for pension funds operating within...
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Complex tax and overgenerous benefits for public transport workers are holding up pension reform, according to the OECD.
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Turkey’s president Ahmet Necdet Sezer has approved a bill which is expected to lead to a growth of the country’s private pensions sector.
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Support for the state national pension plan has reportedly plummeted after several government institutions switched to alternative private plans.
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The Private Pensions Commission has changed its mind and will now allow Romanians aged 35 to 45 more time to choose whether or not to join a second-pillar...
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Competition has become stronger in the financial services private pension scheme sector, according to pensions ombudsman Paul Kenny. Kenny said the reason...
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European parlamentarians gave conflicting views on the need for the EU's portability directive after it emerged from discussion in the committee on economic...
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Italian trade union Cisl has launched a nation-wide education campaign to help workers understand the implications of the...
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