BELGIUM - The Belgian Association of Pension Funds (BPFA) has set up a task force of experts to brainstorm ideas as to how Belgium could be established as a hub for pan-European pensions.
The ambition is to push for the creation of a legal framework to position Belgium within the Europe of 25, a development which the association views as urgent to prevent the delocalisation of local pension...
Karel Van Gutte has been named as secretary general of the Belgian Association of Pension Institutions (BAPI).
UK/BELGIUM - The Upper Tribunal expressed "serious reservations" about the amount The Pensions Regulator is chasing in its contribution notice against Michel Van De Wiele NV.
NETHERLANDS/BELGIUM - A group of Dutch and Belgian investors is planning to sue ABN Amro and KBC who acted as counterparties in trades with Lehman Brothers and Ernst & Young who audited the bank's accounts.
EUROPE - Multinationals are increasingly looking at creating cross-border pension funds for their employees, industry figures said.
BELGIUM - Pension funds lost an average of 15.5% over the year up to September, and shifted allocations from equities to bonds, research by Mercer reveals.