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Netherlands: OPF market head de Lange leaves

NETHERLANDS – Onno de Lange, financial markets head at the Dutch Corporate Pension Funds Association, the OPF, has left.

“Yes, he’s left,” said an official at the Hague-based Stichting voor Ondernemingspensioenfondsen. De Lange, the OPF’s investment and financial markets secretary, left in December, the official said, adding that he had not yet been replaced.

OPF chairman Jeroen Steenvoorden did not want to comment on de Lange’s departure.

The OPF and fellow Dutch association the Vereniging van Bedrijfstakpensioenfondsen have been in the news recently, expressing doubts over new proposals aimed at limiting funds’ secondary activities.

The government-sponsored Staatsen Commission had proposed a 20% limit on Dutch pension funds’ investment in other companies. Beyond that point funds would have to notify the pension and insurance industry regulator, the Pensioen- & Verzekeringskamer.

Steenvoorden has said he sees a “grey area” between entrepreneurship and investment.

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