AMWatch

Nordea Markets demands individual skills audits from staff amid job cuts

Against the background of Nordea having announced plans to axe 6,000 jobs, the unit Nordea Markets is now requiring its employees to list their competencies, job plans and existing work functions. But the group insists the exercise is not part of its efforts to reduce staff numbers.

Nordea's current headquarters in Stockholm.

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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.

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.

New AMF Fonder chief sees big challenges for fund sector in 2018

"The funds sector is facing several major challenges in the next few year," says Jonas Eliasson, as he takes over as new CEO of AMF Fonder. The former Alfred Berg Fonder chief describes his new role as “fun and exciting” because of the task of making the company better able to succeed in the future.

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