Laurens Swinkels
Opinion PiecesRonald Doeswijk & Laurens Swinkels, Robeco
To start this contribution on inflation, let’s open with some facts. First, central banks around the world tend to target inflation rates. In developed countries, an inflation target of 2% is not unusual. Second, since major central banks around the globe started to target inflation in the early 1980s, inflation has fallen from double-digit figures to low single digits. So, it is not that difficult to conclude that central banks’ targets are realistic and that there is hardly any reason for investors to worry about inflation in the medium term.
- Features
Duration extension - to do or not to do?
The Dutch pension-funds regulator has issued a new consultation document in October 2004. This contains provisions which will form the basis of financial regulation from 2006, when the new Dutch Pensions Act comes into force. The new regulatory framework (Financieel Toetsingskader, or FTK in Dutch) will consist of a solvency ...
