Latest news and analysis of pensions, asset management, regulation and trends in the Netherlands from our award-winning journalists.
ABP, PME and PFZW had not increased pensions since 2008
CEO Tom Bottinga is currently the sole serving board member
The pension fund also sees the complexity of the new pension legislation as a strategic risk that could negatively impact the management of the fund
The nominal treatment of liabilities in the Netherlands’ FTK pension regulatory framework means schemes don’t need to explicitly hedge inflation. But Dutch inflation came in at one of the highest rates in the euro-zone in January, and there has been strong criticism in the last decade about pension indexation cuts.
Dutch pension funds are hesitant to exclude companies or entire sectors from their investments universe and instead prefer to take the route of engagement, as we find out in our latest in-depth report on Dutch pensions. The report also covers how experiences from other countries can help illuminate the current Dutch pension reform, and analyses why the traditionally sleepy market for pension administration is undergoing unprecedented upheaval.
The ILX strategy will enable the scheme to access a diversified pool of investments across emerging markets
The fund has already reduced its carbon footprint below a 1.5°C path, but remains invested in fossil fuels for now
It cites a critical internal report by APG about its pension administration
Ronald Heijn and Maarten Thomassen of the Netherland’s Pensioenfonds Openbare Apothekers tell Tjibbe Hoekstra about the impact of the Dutch pension reform on their fund
Unlisted assets are the safe haven for investors searching for safety in choppy markets
The Dutch government has vowed to finalise the country’s hotly debated switch to a pension system with defined-contribution variants by 1 January 2023.
The €33bn DB pension fund sold part of its allocation to the asset class because it had exceeded its target exposure
Pensioenfederatie calls for clarification and amendment of Commission’s proposed corporate sustainability due diligence directive proposal
The pension asset manager has told its other pension fund clients it wants to stop providing asset management services to them
The switch from bilateral transactions follows similar decisions by PGGM and MN
The two Dutch pension funds have sold Egypt and Vietnam government bonds as a result of the policy change
Dutch multi-sector schemes including PGB, PNO Media and SBZ Pensioen fear they may not be able to make the switch to DC under the proposed legal framework
The fund’s accountability body voiced surprise about the move
PMT already had an interest of almost 80% in the pension provider
The corporate pension schemes of ABN Amro, Shell and Philips were the only ones to provide more than 5% indexation
Pension schemes are advised to take the opportunity to change ‘expensive’ government bonds for cheaper swaps
A majority of the Dutch Second Chamber wants pensions minister Carola Schouten to press pension funds to index pensions wherever possible
Dutch financial markets regulator AFM had warned pension funds about liquidity problems if interest rates were to rise further
On average, pension schemes in the country now have invested 11% of their fixed income allocation in the asset class
The pension fund’s current policy has been dismissed as ‘laughable’