Country Report – Pensions in the Netherlands (March 2021)

Amsterdam canal houses, Netherlands

After decades of intense debate surrounding pension reform, a ‘historic’ deal was reached last year between the social partners and the government about the direction of the new Dutch pension system. The move from defined benefit (DB) to defined contribution (DC) under the new pension contract is having an impact on the sector as a whole. In this report, we explore some of the key issues facing the industry including funding pressures, assessing members’ risk appetite, the future of fiduciary management, and the surge in alternative strategies

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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.

Markus Schaen , Senior Fund Manager, MN,
The Netherlands