EUROPE - Without further pension reforms, contribution rates in some countries may increase to as much as 40% of salaries, European Central Bank president Jean-Claude Trichet has warned.
In an interview, Trichet called for urgent reforms to be carried out in all euro area countries in an effort to keep a balance in the pension systems' accounts. Although he did not identify specific countries,...
Michael Bow talks to Matti Leppälä
EUROPE - The majority of European multinational companies would like to develop cross-border pensions but differing regulations among member states and uncertainty over changing European rules are giving plan sponsors pause, AEGON finds.
EUROPE - Mercer has launched a service to help trustees and other institutional investors meet their stewardship requirements.
That the third quarter was turbulent was no surprise. But recently released funding figures for pension funds and asset under management figures for asset managers have helped us crystallise the cost of the uncertainty surrounding the future of the EU...
Pension funds could soon have to bear the cost of a Europe-wide tax on equity, bonds, currency and derivative transactions, finds Lynn Strongin Dodds