BELGIUM - The average weighted return for Belgian pension funds in 2005 was 15.1%, almost double the previous year's return.
The Belgian Association of Pension Funds (BVPI/ABIP) surveyed 36 funds with a total e6bn in assets and was based on a portfolio composed on average of 47% equity, 43% bonds and 6% real estate. The 15.1%...
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.