Netherlands: Pensions and Investment News and Analysis
Europe’s second largest pension system is preparing for a historic shift away from the current defined ambition arrangements in favour of one with DC accrual but largely in a collective asset pool. Despite political murmurings among members of the current coalition government, there have been no serious attempts to row back on the reforms, which will kick in from 2025 onwards. The main change for pension funds will be moving away from a system that manages funding ratio, with risk capacity determined accordingly, to one that is arguably better suited to the long-term risk profile of the participants. What’s not to be underestimated is the IT challenge in migrating millions of accounts to the new system.
Pension Funds in Netherlands - Country Report
Netherlands country report 2024: Dutch pension funds distribute buffers
The arguments heat up over what to do with excess funds in Dutch pension schemes
TOP DUTCH PENSION FUNDS 2024
Pension fund/entity | Assets (€’000)
- ABP | 510,000,000
- Pensioenfonds Zorg en Welzijn (PFZW) | 242,360,000
- Pensioenfonds Metaal en Techniek (PMT) | 84,411,332
- BPF Bouwnijverheid (bpBOUW) | 66,338,803
- Pensioenfonds van de Metalektro (PME)| 55,728,949
©IPE Research; View the Top 1000 European Pensions Funds 2024 for a comprehensive market overview
BP to repatriate Dutch pensions from Belgium
The fund is also considering a buyout to a Dutch insurer for its Belgium-based DB accruals
ABP president named top climate leader in Time magazine
Harmen van Wijnen is the only pension executive in the Time100 Climate 2024
First Dutch pension fund gets go-ahead for DC switch
The pension fund for Dutch shipping pilots is the first to receive regulator’s blessing to convert DB accruals to new DC arrangement as of 1 January 2025
Dutch pension funds increase short-term holdings
The increased liquidity reserves risk negatively impacting long-term returns, signals regulator DNB
ABP opts for simple majority board voting after criticism from the regulator
Dutch civil servants fund abandons cumbersome two-step voting structure on single-tier board
TOP MANAGERS: DUTCH INSTITUTIONAL ASSETS
Company | Assets (€m)
- APG | 569,048*
- PGGM | 243,000
- BlackRock | 206,976
- Achmea Investment Management | 188,763
- MN | 149,457
- Aegon Asset Management | 93,090
- ASR Vermogensbeheer | 74,955**
- Van Lanschot Kempen Investment Mngt. | 74,027
- State Street Global Advisors | 64,262
- Northern Trust Asset Management | 52,349
As at 30.6.24, *31.12.23, **30.06.23
©IPE Research; Sign up to IPE Profesional to see all the data in the latest country report
IPE BEST PENSION FUND IN NETHERLANDS AWARD WINNERS
- 2023 - Rabobank Pensioenfonds
- 2022 - PFZW
- 2021 - PFZW
- 2020 - Shell Nederland Pension Fund (SNPS) and SBZ Pensioen
- 2019 - Stichting Calpam-Pensioenfonds
Interviews
- Previous
- Next
Disagreements over pension reform persist in the Netherlands
When King Willem-Alexander read out his speech at the opening of the Dutch parliament, the topic of pensions was missing.
BP to repatriate Dutch pensions from Belgium
The fund is also considering a buyout to a Dutch insurer for its Belgium-based DB accruals
ABP president named top climate leader in Time magazine
Harmen van Wijnen is the only pension executive in the Time100 Climate 2024
First Dutch pension fund gets go-ahead for DC switch
The pension fund for Dutch shipping pilots is the first to receive regulator’s blessing to convert DB accruals to new DC arrangement as of 1 January 2025
Dutch pension funds increase short-term holdings
The increased liquidity reserves risk negatively impacting long-term returns, signals regulator DNB
Dutch funds Yara and Calpam conclude buyouts
The buyouts come shortly after several other company schemes decided to go for other options
ABP opts for simple majority board voting after criticism from the regulator
Dutch civil servants fund abandons cumbersome two-step voting structure on single-tier board
#10 Leaders in Investment podcast: Conversation with Professor Dirk Schoenmaker, Investment Committee Chair, PFZW
In Episode #10 of IPE’s Leaders in Investment podcast series, IPE Editorial Director Liam Kennedy interviews Professor Dirk Schoenmaker, Investment Committee Chair at Dutch pension fund PFZW
The pensions reform promises of Europe's far-right political parties
The rise of far-right parties has bolstered support for European welfare state systems, but radical right-wing policymakers face difficult choices
Dutch Pension Federation hits out on carbon reporting proposals
The Dutch pension supervisor DNB is to compel pension funds to report annually on CO2 reduction.
IPE Netherlands Briefing: ‘Early birds’ prepare for DC transition
Plus: GP fund Huisartsen announces its full divestment from fossil fuels; healthcare scheme PFZW sells all listed investments in Israel and other Middle Eastern countries
Copyright © 1997–2024 IPE International Publishers Limited, Registered in England, Reg No. 3233596, VAT No. 685 1784 92. Registered Office: 1 Kentish Buildings, 125 Borough High Street, London SE1 1NP