IPE's Netherlands Coverage – Page 153

  • News

    Dutch pension fund investments rose by 4.5% in Q2

    2009-09-14T16:00:00Z

    NETHERLANDS – The investment portfolios of Dutch pension funds increased in value by 4.5% (€25bn) in the second quarter, according to latest figures from De Nederlandsche Bank (DNB).

  • News

    Interest hedge lowers Dutch housing fund's Q2 return

    2009-09-09T16:00:00Z

    [17:00 CEST 09-09] NETHERLANDS - The €4.4bn pension fund for housing corporations (SPW) saw its returns on investments of 7.1% in the second quarter adversely affected by its large interest hedge on liabilities.

  • News

    Dutch cover ratios return to 107% - Hewitt

    2009-09-04T14:00:00Z

    [15:00 CEST 04-09] NETHERLANDS - The cover ratio of the average Dutch pension fund rose to 107% by the end of August, after reaching an absolute low of 90% in early March, consultancy firm Hewitt Associates has claimed.

  • Netherlands: Pragmatism reigns
    Features

    Netherlands: Pragmatism reigns

    September 2009 (Magazine)

    Mariska van der Westen and Liam Kennedy review the changes that The Hague has in mind for Dutch pension funds this year and next

  • News

    Horeca pension losses spark passive move

    2009-08-24T14:00:00Z

    [15:00 CEST 24-08 NETHERLANDS - The €2.5bn pension fund for the hotel and catering sector (PH&C) has changed its asset management approach from active to mainly passive.

  • News

    Levensloop deposits fall 7% (updated)

    2009-08-19T15:00:00Z

    [16:00 CEST 19-08] NETHERLANDS - Dutch workers paid 7% less into their tax-friendly ‘levensloop’ or life course saving plans in 2008, latest figures reveal.

  • News

    ING in insurance rethink

    2009-08-12T14:19:00Z

    EUROPE - ING is to integrate its Dutch insurance activities under the Nationale Nederlanden brand, and will create a single insurance operation in the rest of Europe, including Central Europe.

  • News

    Physios scheme scales down unconditional indexation

    2009-08-07T15:45:00Z

    [16:45 CEST 07-08] NETHERLANDS - The €1.6bn pension fund for physiotherapists (SPF) has decided to lower its 2.5% fixed indexation payment, as the scheme had a cover ratio of 94% by the end of last year and a return of –14%.

  • News

    Dutch premiums may need to rise by a third – study

    2009-08-07T15:30:00Z

    [16:30 CEST 07-08] NETHERLANDS – Current pension contribution levels may have to rise by an average of one-third by 2014, if pension funds are to recover their funding ratio to the required minimum of 105%, suggests research.

  • News

    Dutch employers warn pensions must be cut

    2009-08-05T14:30:00Z

    [15:30 CEST 05-08] NETHERLANDS - Dutch employers have called on pension arrangements to be cut, as the rapidly rising costs are said to be damaging the competitiveness of Dutch companies.

  • Pension fund recoveries could hurt Dutch GDP - DNB
    News

    Pension fund recoveries could hurt Dutch GDP - DNB

    2009-08-04T14:45:00Z

    [15:45 CEST 04-08] NETHERLANDS - Pensions regulator De Nederlandsche Bank has claimed the mandatory recovery arrangements of Dutch pension funds may reduce GDP by 0.15% a year or 0.75% by 2013.

  • AkzoNobel pension deficits hit €1.5bn
    News

    AkzoNobel pension deficits hit €1.5bn

    2009-07-29T16:05:00Z

    [17:05 CEST 29-07] UK/NETHERLANDS – Quarterly figures from Dutch paint and coatings firm AkzoNobel has revealed almost £20m (€23.3m) extra had to be pumped into the ICI UK defined benefit (DB) pension fund in the second quarter following its latest funding valuation.

  • News

    Hedge limits Dutch retail funds loss

    2009-07-27T16:10:00Z

    [17:10 CEST 27-07] NETHERLANDS - The €6.9bn pension fund for the retail sector (BD) says it limited its loss to -1.1% in 2008, thanks to an interest rate hedge on two-thirds of its liabilities.

  • News

    Shell scheme saw assets dive by 43%

    2009-07-24T13:00:00Z

    [14:00 CEST 24-07] NETHERLANDS - The Dutch pension fund of energy giant Shell saw its assets drop by over 43% to €10.6bn last year, and its cover ratio plummeted from 180% to 80%.

  • News

    SPMS saw cover ratio drop by a third

    2009-07-23T15:30:00Z

    [16:30 CEST 23-07] NETHERLANDS - The €4.2bn pension fund for medical consultants SPMS returned –16.2% on investments in 2008 and saw its cover ratio drop from 146% to 98%.

  • News

    PfZW maintains 100% cover ratio

    2009-07-23T15:00:00Z

    [16:00 CEST 23-07] NETHERLANDS – Pensioenfonds Zorg & Welzijn, the Dutch pension fund for care and welfare workers, has managed to hold onto the 100% cover ratio achieved by the end of May, thanks to a strong second quarter of gains in most asset classes.

  • News

    Interest and currency hedges help TNO limit losses

    2009-07-20T15:40:00Z

    [16:40 CEST 20-07] NETHERLANDS - The €1.9bn pension fund of the institute for applied scientific research TNO managed to limit its loss to - 7.1% thanks to major hedging of both its interest and currency risks.

  • News

    TNT doubles pension premiums to deliver security

    2009-07-16T15:15:00Z

    [16:15 CEST 16-07] NETHERLANDS – TNT, the Dutch postal service, almost doubled the employer contribution into its pension fund starting from April, in a bid to improve the cover ratio of its pension scheme.

  • News

    Dutch notaries and pharmacists face pension cuts

    2009-07-16T12:00:00Z

    [13:00 CEST 16-07] NETHERLANDS - Approximately 5,000 participants of the pension fund for notaries could face an 8.4% cut in pension benefits and claims by 2012, while members of the SPOA scheme could see reduced pensions too.

  • News

    DNB rejects 'small number' of recovery plans

    2009-07-15T16:00:00Z

    [17:00 CEST 15-07] NETHERLANDS - Pensions regulator De Nederlandsche Bank has rejected a ‘small number’ of recovery plans, and is still discussing fine-tuning recovery proposals with approximately 50 schemes.