Dutch watchdog AFM says structural decrease of pension benefits 'inevitable'

By 2010-11-29T15:45:00

Dutch watchdog AFM says structural decrease of pension benefits 'inevitable'

NETHERLANDS – The lack of funding and recovery potential at many pension funds is so great that many schemes will be unable to avoid a structural decrease of existing pension benefits, according to Hans Hoogervorst, chairman at communication watchdog AFM.

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