Netherlands: Pensions and Investment News and Analysis
Latest news and analysis of pensions, asset management, regulation and trends in the Netherlands from our award-winning journalists.
Dutch tax relief fuels third pillar inflows
Inflows at some providers have increased by up to 35% as workers can save up to 30% of their gross salary tax-free as of 1 July 2023
Dutch pension funds move hundreds of billions in assets to mandates
Investing via mandates makes it easier for pension funds to implement their sustainability policies
Pensioenfonds Gasunie switches €1bn equity portfolio to State Street
The €2bn fund of the Dutch natural gas provider has switched its equity investments to a Climate Transition Benchmark
Country Report – Pensions in the Netherlands (April 2023)
The Netherlands is in the final legislative stages of what will probably be the largest and most complex workplace pension system change ever in the world. Yet as it edges towards the parliamentary finishing line, recent political events could yet knock the process off course.
Pensioenfonds DHL picks Aegon AM as fiduciary manager
The Dutch scheme of postal company DHL wants to concentrate all investment services in one mandate to reduce the board’s workload
PGGM public and private markets chief to exit
Frank Roeters van Lennep said it’s better ‘that someone else will lead the charge’ in implementing PGGM’s new impact investing strategy for 2030
TNO scheme switches to Paris-Aligned Benchmark for developed equities
The fund is one of two seed investors in the new BlackRock Developed World Paris-Aligned Climate Index Fund
Impact Cubed joins forces with Impact Orange Partners
The partnership aims to set a benchmark for ESG integration in Belgium and the Netherlands
Superior investment returns for largest Dutch pension funds – research
However, large funds’ higher investment returns are undone fully by their lower interest rate hedges
Green bonds ‘disproportionately popular’ among pension funds – study
Pension funds also display lower price elasticity than other investors when it comes to green bonds
DC negotiations at Dutch company schemes in deadlock
At many company pension funds, employers and trade unions are at loggerheads over the choice for either the solidarity or flexible DC arrangement
CO₂ emission reporting requirements on govvies confuse Dutch pension funds
The question whether to treat green bonds as emissions-free is proving divisive
Large Dutch pension funds to support PR campaign for DC switch
ABP, PFZW and PME will support a campaign by the Dutch Ministry of Social Affairs to promote the switch from defined benefit to defined contribution pensions
Dutch GPs want pension fund to divest from fast food companies
Pensioenfonds Huisartsen cannot implement their demands because of the fund’s passive investment strategy and now considers switching to active
SNS Reaal pension fund goes 100% green in corporate bond portfolio
The fund will also switch to a new Article 9 high-yield bond fund later this year
Paris Aligned Benchmark can lead to ‘climate tunnel vision’, warns Cardano
Investors that opt for climate benchmark risk neglecting other ESG issues, according to the Anglo-Dutch asset manager
Pension benefits rise by up to 30% in new DC system, says Dutch transport fund
Pensioenfonds Vervoer is the first fund to publish a detailed DC transition plan
PGGM says ‘very few’ oil and gas firms have climate strategies to save them from divestment
Dutch healthcare scheme has already exited 192 companies
Pensioenfederatie urges AFM to clarify sustainability guidelines
The AFM is expected to publish the final version of the guidance after the summer
WTW to enter Dutch fiduciary market
The investment consultant had steered clear from offering fiduciary services to Dutch pension funds due to the low margins under its previous leadership
Lower indexation in new Dutch DC system, finds Aegon AM
Pensioners would have received between 1.5% and 3.6% in indexation in 2023 if the new DC system had already been in place, says the asset manager
Equity returns boost Dutch funding ratios
Double-digit returns on listed equity more than compensated for investment losses on non-listed real estate for the Netherlands’ five largest pension funds
Dutch pensions minister to leave politics after elections
Carola Schouten had been pensions minister since January 2022
Regulator allows Dutch pension funds to split DC transition into three parts
The plan should give pension schemes time to make adjustments on the basis of DNB’s findings, should this be necessary, says Cindy van Oorschot
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