Akershus pension fund faces an uncertain future as a Norwegian regional health authority looks to establish its own pension fund, with assets transferred from other schemes
The government’s banking law commission hits a brick wall as overoptimistic timescales and a concerned industry mean hopes of passing a new pension law are delayed
As the new year approaches, nrpn asks three key Nordic players about their hopes, fears and expectations for the coming year
Norway’s banking law commission expects by Christmas to have finalised regulations on how existing pension rights should be transferred into the new products, according to Jan Otto Risebrobakken, who represents Storebrand on the commission’s working group.
Akershus Fylkeskommunale Pensjonskasse, the NKr11bn (€1.5bn) Norwegian local authority pension fund will find out in February whether it will become substantially larger or lose the bulk of its assets by the beginning of 2014.
The regulatory framework for new DC and hybrid pension products is expected to be in place by 2014 but the sector’s ability to meet Solvency II capital requirements is still a cause for concern
Smaller enterprises are facing a funding shortage as banks deleverage but pension funds are hesitant about stepping in
A new regime that will transform Norway’s occupational pensions framework is on course to be implemented from the beginning of 2014
KLP, the NKr280.7bn (€38.5bn) Norwegian life insurance company, is putting NKr500m into renewable energy projects in developing countries
DNB Livforsikring chief executive Tom Rathke tells Caroline Liinanki about the challenges with Solvency II’s capital requirements and why it is necessary to lower the annual guarantees