BELGIUM - The board of directors of the Belgium Pension Fund Association (BPFA) has elected Philip Neyt to be the new chairman of the association, succeeding the incumbent Bernard Cardon de Lichtbuer.
The decision was made following the general assembly of the BPFA held on 29 March. Neyt is currently the chief public affairs officer at Belgacom and reports to the CEO of the telecom provider. He is...
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.