EUROPE - Initiative Finanzstandort Deutschland (IFD), the working party set up to stimulate Germany's financial services industry, has come forward with its first recommendations, including plans to simplify the private pension system.
The initiative, made up of the country’s largest banks and insurers, along with the Bundesbank, Deutsche Börse and the finance ministry, proposes pulling together support for private and company pensions...
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