The 8th edition of the annual AEIP Venice Conference will focus on innovative approaches in delivering pensions and healthcare and will bring together representatives of the main actors driving forward the evolution of pensions and healthcare systems in Europe. The conference program focuses on the latest developments in these sectors and on their social impact. AEIP, the European Association of Paritarian Institutions, was founded in 1996 and is a

Hub International Limited (HUB), a global insurance brokerage, in September 2016 announced the appointment of Marc Cohen as President of HUB International, replacing Richard (Rick) Gulliver who becomes Vice Chairman. Both will report to Chairman and CEO Martin P. Hughes. Cohen, currently Regional President of HUB East Region, will be responsible for driving continued growth and productivity improvements across the firm and Gulliver will continue to lead HUB’s external

General Electric (GE) in September 2016 has had its European pension fund approved by FSMA, Belgium’s financial supervisory authority and the regulatory body for pension funds. GE is encouraging its existing European-based pension plans to join the fund, which takes the legal form of an Organisme de Financement de Pensions (OFP), Belgium’s IORP-compliant vehicle for pensions provisions. At this early stage, a management committee has been appointed. An IORP

Auto manufacturer BMW in September 2016 decided to end both of its UK final salary-defined benefit (DB) pension plans. Both plans will cease future accrual as of June 2017, affecting around 5,000 members total. Citing significant pension fund shortfalls and the cost risks associated with DB plans, BMW explained that their plans are increasingly unsustainable and unaffordable for both the company and the pension plans members. Unite, the union