AMWatch

Pension

Solidar CEO hopes funds can start trading again after December ban

The scandal-hit Premium Pension System (PPM) in Sweden is forced to ban another of its marketplace fund providers: Solidar funds are ordered by the Swedish Pensions Agency to stop trading, pending an investigation into whether the manager is living up to its obligations as a marketplace provider.

OECD: Germany to face increasing numbers of poor pensioners

Higher costs to cover state pensions, a large sub-class with few pension funds and particularly low pensions among women, as well as some completely without pension cover. The OECD's the latest pension report reveals Germany as a country in need of extensive reforms going far beyond the pension area.

Danish pension fund chief explains firing of veteran CIO

Denmark's EUR 9.5 billion pension fund PBU is firing its Chief Investment Officer Morten Schou, who has held the role since 2003. PBU's Chief Executive tells AMWatch why the CIO was ousted. He emphasizes that it had nothing to do with investment returns.

Low bond yields trigger consolidation wave in German life insurance

A squeezed bond market may force German life insurers of up to EUR 180 billion in size to change hands over the next five years, according to ratings agency Fitch. Several Nordic asset managers could find new, enterprising business partners within the predicted wave of consolidation.

German investment opportunities bloom for Nordic asset managers

With bond yields languishing at extreme lows, German pension providers are being forced to invest their funds abroad. And Nordic financial houses are becoming increasingly successful in building strong customer relationships on the basis of solid returns. Over the next month, AMWatch will look at how to get a foothold in the highly-fragmented German pension and investment market.

Danica boss admits pensions sector has let customers down

More than one in two Danes are worried about their future financial basis as pensioners, according to a new survey in daily Berlingske Business. The head of major Danish pension provider Danica acknowledges that the industry has failed its customers.

Pensions lobby: Government move does not solve interplay problem

A new opportunity to contribute up to DKK 50,000 (EUR 6,717) annually in an old-age pension plan (aldersopsparing) does not solve the long-bemoaned interplay problem in the Danish pensions system, according to the Danish Insurance Association (Forsikring og Pension).

Norway's KLP adds to development investments with Egypt solar deal

Norwegian pension fund KLP has now joined forces with other partners to put pensions kroner into six solar power plants in Egypt with total capacity of 400MW. The Oslo-based municipal pensions provider, which already has more than NOK 1 billion committed to international development, expects a good return on the public-private deal.

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