June 2025
05Jun

PensionsEurope and EFAMA warn against slashing sustainability rules

PensionsEurope has urged EU lawmakers not to weaken the bloc’s sustainability reporting rules, and to pause a review of the Sustainable Finance Disclosure Regulation (SFDR) until there is clarity on the future of the green taxonomy. The trade association today published its official position on the EU’s ‘omnibus package’, which seeks to cut back Europe’s sustainability disclosure and due diligence requirements to make them more business friendly. While PensionsEurope agreed that current reporting obligations are too burdensome, it warned that some of...

June 5, 2025
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May 2025
08May

Europe’s costly military pensions complicate defence build-up

European nations want to spend big on artillery, missiles and drones, but costly military pension commitments risk constraining those ambitious plans, according to previously unreported NATO-member defence budget data compiled by Reuters. NATO's European members are rushing to ramp up spending on military hardware as a bellicose Russia threatens their eastern flank and U.S. President Donald Trump's long-term commitment to European security appears suddenly in doubt. But for over a dozen NATO members, whose military spending Reuters analysed, pensions make up a large - and largely overlooked -...

May 8, 2025
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April 2025
03Apr

Women, self-employed most vulnerable to pension shortfalls: Eiopa

Europe’s pension system is becoming increasingly unsustainable, Eiopa chair Petra Hielkema warned. She highlighted that women, self-employed workers and people with limited financial literacy are the most vulnerable, stressing the need for structural reforms to ensure long-term retirement security. The European Union's pension system is “no longer sustainable” in its current form and must undergo urgent reform to prevent millions of retirees from falling into poverty, Petra Hielkema, chairperson of the European Insurance and Occupational Pensions Authority (Eiopa), stated in...

April 3, 2025
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March 2025
19Mar

European Pension Funds Shift from US To European Markets

European pension companies are shifting from US to European stocks, with investors withdrawing $2.8 billion from US stock funds and redirecting $5 billion into European equities last week. Danish pension fund PensionDanmark was among these investors, shifting DKK 14 billion ($2 billion) from the US to the European market, which is equivalent to 10% of its total portfolio. Meanwhile, Finnish firm Veritas has also reduced its exposure to US-listed equities, dropping from 46.2% at the end of 2024 to 24.1% currently. Instead, it...

March 19, 2025
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February 2025
14Feb

Pensions vs earnings across Europe: The highest and lowest comparisons

Pensions in the EU amount to some three-fifths of late-career work income. In many European countries, this rate falls below 50%, making it increasingly challenging for pensioners to maintain a decent standard of living. In many European countries, pension income is significantly lower than pre-retirement earnings from work. This makes it difficult for many older people to maintain their standard of living after retirement. Nearly one in six pensioners are at the risk-of-poverty in the EU, with the rate increasing...

February 14, 2025
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January 2025
23Jan

European investors upbeat on impact investing, despite US concerns

Over 90% of European investors polled in the run up to the 21 January of US president Donald Trump said they were extremely or somewhat concerned over the state of ESG and sustainability practices in the US, but they still intend to either maintain or increase their impact allocations, a survey by Pensions for Purpose shows. Pensions for Purpose, a UK-based industry body, says the results are significant because, although European and US investors often follow distinct paths on sustainability...

January 23, 2025
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13Jan

Europe’s top pension fund divests $585 million stake in Tesla

Europe's largest pension fund, Stichting Pensioenfonds ABP, has sold off its entire stake in Tesla (NASDAQ:TSLA) Inc., valued at $585 million, during the third quarter. The decision was influenced by several factors, including a disagreement over CEO Elon Musk's compensation package. Stichting Pensioenfonds ABP spokesperson stated on Sunday that the fund had issues with Musk's pay package. The decision to divest was also influenced by considerations of costs, returns, and responsible investment requirements. The Dutch newspaper Het Financieele Dagblad originally reported...

January 13, 2025
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October 2024
15Oct

From ageing to active living — working through old age in EU

Ausra Linkuviene, a retired typesetting designer from Lithuania, represents a growing trend in Europe, where retirement no longer means the end of a working career. Years after retiring, 67-year-old Austra has continued working. Supported by both her pension and salary, she can travel every year. Admired by her younger colleagues, she sees no reason to leave her profession, she told Xinhua. Her story reflects a larger demographic shift across Europe. By 2050, nearly 30 percent of the European Union (EU) population...

October 15, 2024
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14Oct

Europe’s population crisis could shave 4% off its GDP by 2040, Morgan Stanley warns, and the options to solve it aren’t good

Europe’s demographic challenges are becoming a ticking time bomb for the region’s economy, with Morgan Stanley delivering a grim prediction for its effects on GDP. Morgan Stanley says Europe’s aging population could shave 4% off the Eurozone’s GDP by 2040 as people live longer and birth rates fall. The bank projects a significant loss of GDP based on predictions that Europe’s working-age population will shrink by 6.5% by 2040, due to a reduction in the number of working-age people producing output...

October 14, 2024
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September 2024
11Sep

Nordea Wins $450 Million Sustainability-Focused Equity Investment Mandate from CalSTRS

Northern Europe-based asset manager Nordea Asset Management announced that it been awarded a $450 million sustainability-focused global equity investment mandate by the California State Teachers’ Retirement System (CalSTRS), one of the largest public pension funds in the U.S. Under the new mandate, Nordea’s Global Stars Equity Strategy to manage a portion of ClasSTRS’ Sustainability-Focused Equity portfolio. Nordea’s STARS range features ESG integration into all fundamental investment decisions, with close coordination between portfolio managers and the firm’s Responsible Investment Team. The STARS...

September 11, 2024
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