Belgium’s 159 IORPs manage pensions for around 2.5m workers, with a healthy increase workplace pension coverage in recent years. But the country has missed out on millions of EU COVID recovery funds because of a lack of progress in making the pension system more sustainable. Following elections in June 2023, it looks more likely that a new government will be able to undertake more ambitious reforms.
Pension funds face lower returns and greater regulatory pressures
The addition of a sovereign emerging market debt strategy ‘is an important step in addressing market demands’, according to the Dutch asset manager
Jeroen van Rooij is appointed to the newly-created role of head of Benelux and Nordics distribution
Belgian regulator delivers latest annual statistical overview of IORP sector
PensioPlus attributed the improved returns to an investment policy focused on long-term investments in the real economy
The partnership aims to set a benchmark for ESG integration in Belgium and the Netherlands
Pension fund/entity | Assets (€’000)
©IPE Research; View the Top 1000 European Pensions Funds 2024 for a comprehensive market overview
The coalition is likely to push through more radical pension reforms
Pension funds face very real cyber security risks and must prepare for regulatory changes, such as the EU’s Digital Operational Resilience Act. IPE asked European pension funds about their strategies to deal with cyber crime
The addition of a sovereign emerging market debt strategy ‘is an important step in addressing market demands’, according to the Dutch asset manager
Jeroen van Rooij is appointed to the newly-created role of head of Benelux and Nordics distribution
Belgian regulator delivers latest annual statistical overview of IORP sector
PensioPlus attributed the improved returns to an investment policy focused on long-term investments in the real economy
The partnership aims to set a benchmark for ESG integration in Belgium and the Netherlands
Federal government manages to work out a first-pillar agreement before the parliamentary recess
The agreement, which is to represent 0.5% of GDP in long-term savings compared to a pension deal reached last year, is supposed to safeguard a €847m cheque from the EU’s Covid Recovery Fund
Belgian schemes achieved an average return of -14.98% in 2022