OECD: Abolish Turkish pension restrictions

clock •

TURKEY - The Organisation for Economic Co-operation and Development (OECD) has urged Turkey to abolish restrictions on pension funds' portfolio limits and allow them a stake in the governance of the companies they are invested in.

A pilot study on corporate governance in Turkey showed that pension funds regulated by the Capital Markets Board at present could not actively participate in companies' governance. Therefore they a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Turkey

Turkey

HSBC takes on Allianz Turkey pension funds

TURKEY - HSBC is to manage all of Allianz Turkey's personal pension funds as part of a partnership deal between the two companies.

Chris Panteli
clock 01 July 2011 •
Turkey

Towers Watson expands Turkey operation

Towers Watson has expanded its presence in Turkey by establishing a new subsidiary in Istanbul.

Chris Panteli
clock 29 March 2011 •
Turkey

Anadolu buys Turkish banks' bonds

TURKEY - Anadolu Hayat Emeklilik AS, Turkey's biggest manager of pension funds, has started buying the first lira- denominated bonds ever sold by local banks to benefit from higher returns than are available on government debt.

Selcuk Gokoluk at Bloomberg News
clock 23 December 2010 •
Trustpilot