All Covip articles
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News
Italian investors grapple with ban on controversial weapons investments
Pension regulator COVIP, Bank of Italy, IVASS, and the Ministry of Finance published guidelines but no exclusion list
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News
CONSOB committee pushes to force Italian schemes to invest in SMEs’ equities
Italian pension funds only invest 1.8% of total assets in equities of domestic companies, according to pensions regulator COVIP
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News
Italy’s complementary pension schemes records 8.2% assets growth
Assets under management for complementary pension schemes in Italy increased to €243bn in 2024
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News
Italian pension funds call for action to boost pension membership
Assofondipensione proposes new ‘silent consent’ mechanism
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News
Fondenergia picks UBS AM to invest sub-funds assets
Credit Suisse Italy is replaced by UBS AM in Garantito’ sub-fund and government bonds (excl euro) in its ‘Bilanciato’ sub-fund
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News
AUM of Italy’s first pillar schemes shoots up by 10%
Over the last 10 years, the AUM volume of Italian pension schemes has grown by €48.4bn, according to Covip
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News
Intesa Sanpaolo, Cariplo pension funds merge to create €12bn scheme
The integration will take place through a ‘collective transfer’ of members and accrued savings
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Analysis
Italy’s plan to divert severance payments to pension funds stirs up concerns
It is essential to understand the impact of the measure because a mandatory option is being introduced in a system based on voluntary access, says Assofondipensione
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News
Italy’s complementary pension schemes record 8% contribution growth in H1
The number of members signing up for complementary pensions at the end of June 2024 grew by 2.3% to 10.9 million
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Country Report
Slow growth for Italy's second-pillar pensions
Despite the urgency of increasing second-pillar coverage, policymakers continue to focus reform efforts on public pensions
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News
Italy’s pension regulator recommends tweaks to complementary pension system
COVIP is calling for adjustments to the complementary pension system to attract potential new members
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News
Real economy investment opportunity ‘remains large’ for pension funds, says COVIP
There is increasing interest by Italian schemes to invest in the country’s real economy, as they expand their investment strategies through partnerships
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News
Cometa proposes FoF with protection mechanism for direct investments in Italy
the fund is ready to pilot a project with Cassa Depositi e Prestiti to channel capital to support the real economy
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News
Italian pension schemes with higher equity exposure outperform, says COVIP
Laborfonds, Fondaereo, and Fopen’s equity sub-funds recorded higher returns in 2023 than peers investing in other asset classes
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News
Italian parliamentary committee to investigate schemes’ investment policies
The investigations aim to understand ongoing challenges posed by Italy’s aging population, the green transition, the changing labour market and macroeconomic environment
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News
Italian pension funds see number of members increase in Q3
Industry-wide pension funds added 188,000 members so far this year, compared with the end of 2022, a 4.9% increase, for a total of almost 4 million members
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News
Inarcassa’s new strategy sees cuts to equity in favour of bonds, infrastructure
Assets under management for first-pillar pension schemes, according to pension regulator Covip
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News
Italian pension funds recover with AUM reaching €214bn in H1
Pension schemes recorded overall positive returns in the first six months of 2023, but results were up particularly for those with higher exposure to equity investment
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News
Italian government readies new investment rules for first pillar pension system
Pension schemes have been waiting for an upgrade to their investment rules since 2011
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News
Italian pension funds lean towards domestic investments, says COVIP
Many pension funds are also expanding their investment strategies in private equity and private debt, according to the pensions regulator