Jacob Bikker
- Features
Large funds equals lower costs
Jacob Bikker and Jan de Dreu find evidence that the bigger a pension fund, the lower its administrative costs are likely to be, reinforcing the case for mergers between Dutch funds and a move towards industry-wide schemes
- Features
Building confidence in indexation
In the Netherlands indexation of pension benefits to either wage or price increases has long been considered a guaranteed right. Although indexation used to be conditional on the pension fund’s position, in practice full indexation was virtually always given. In the communication to pension beneficiaries the possibility of indexation cuts ...
