Switzerland’s occupational pension supervisor, the Oberaufsichtskommission Berufliche Vorsorge (OAK BV), is tightening oversight of pension funds exposed to systemic risks that could undermine their financial stability. In a note circulated in December, t... See more
Versorgungswerk der Zahnärztekammer Berlin (VZB), the pension fund for dentists in Berlin, Bremen and Brandenburg, is filing a lawsuit against consultants, executives, and the state of Berlin to recover €1.1bn in losses. The fund has asked the court to de... See more
Pensionskasse Basel-Stadt (PKBS), the CHF15.6bn (€16.8bn) pension fund of the city of Basel, is sticking with its index-oriented equity strategy and will not cut exposure to US equities despite concerns over concentration risks and high valuations. Chief ... See more
Members of the pension fund for dentists in Berlin, Bremen and Brandenburg are pressing government officials and supervisory authorities to recover asset losses stemming from failed investments. A dentist, speaking anonymously, has called for political in... See more
Migros Pensionskasse (MPK), the CHF29.5bn (€31.7bn) pension fund for Swiss retailer Migros, has switched its foreign equity benchmark to a bespoke MSCI Climate Action Index to reduce portfolio concentration while continuing to support the transition to a ... See more