BELGIUM - Minister for Pensions Bruno Tobback (pictured) has declared 2006 ‘the year of women and their pensions,' and reforms tailored to this effect were approved last week.
The measures were contained within the controversial Generation Pact, a package of social security and pension reforms approved by the Belgian Parliament on 15 December. The first, due for implementation...
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.