NETHERLANDS - APG Group has appointed Dr Olaf Sleijpen as managing director for institutional clients who would also sit on the Cordares board of directors following the impending merger.
He would move from his current position of director of group strategy and policy of APG and board of management secretary for the APG Group.
Marco Brouwer, current secretary of the Cordares Holding board of directors and APG Supervisory Board has been slated to take over Sleijpen's present position.
The APG Group and Cordares merger has been scheduled for the beginning of September 2008 (www.globalpensions.com 21 April).
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.