All articles by Cyril Widdershoven – Page 8
-
News
ABP to formulate FTK transition policy
NETHERLANDS - Stichting Pensioenfonds ABP, the €168bn scheme for Dutch civil servants, is to formulate a “transitional policy” to deal with the new FTK rules.
-
News
Governance still seen as issue for Dutch schemes
NETHERLANDS – Peter de Koning, a former member of the Tabaksblatt corporate governance committee and current pension manager, says the overall governance of Dutch pension funds could be improved.
-
News
PME ends possibility of taking VUT before age 60
NETHERLANDS - One of the largest Dutch pension funds, the €16bn PME, has stated that it has been forced to end immediately the possibility of taking VUT or TOP before 60.
-
News
ABP expects compensation from Shell
NETHERLANDS – Stichting Pensioenfonds ABP, the largest Dutch fund, expects it could receive compensation from Shell following US legal action relating to the oil giant’s overstatement of its reserves.
-
News
Unilever fund misses benchmark amid departures
NETHERLANDS – The €3.265bn Unilever Netherlands Pension Fund Progress, which has seen two of its top managers depart recently, missed its benchmark return in 2004.
-
News
Interpolis criticises Dutch government plans
NETHERLANDS - After criticism from pension funds, the Dutch government is now being attacked by the pension insurers, the third pillar of the Dutch system.
-
Features
Hedge funds provide good return for Shell
Stichting Shell Pensioenfonds, the e13.7bn scheme of the oil giant, made a 6.9% return on its hedge fund investments in 2004. “On the hedge fund portfolio a return of almost 7% was achieved,” the scheme says in a statement on its website. Hedge funds, including currency hedging, account for 5.5% ...
-
News
Dutch metals pensions could face merger
NETHERLANDS - The fragmented Dutch metals sector pensions could be set for increased cooperation following remarks from the head of the metals employers’ union.
-
News
Dutch VUT and pre-pension plans could be delayed
NETHERLANDS - Political constraints, the overall workload of pension funds and inadequate legislation could force Dutch pensions minister Aart Jan de Geus to postpone his current pension plans with a year.
-
News
Netherlands’ SNS to privatise pension scheme
NETHERLANDS - Dutch bancassurance group SNS Reaal plans to privatise its pension fund in a €105m move, it has emerged.
-
News
KLM’s three schemes return 10.7%-12.3%
NETHERLANDS – Airline KLM’s three pension funds – worth a combined €9.2bn - returned between 10.7% and 12.3% in 2004.
-
News
Dutch central bank confirms FTK on schedule
NETHERLANDS – The Dutch central bank has reaffirmed that the FTK, the new financial assessment framework for pension schemes, will come in as planned on January 1 2006.
-
News
Shell scheme makes 6.9% return on hedge funds
NETHERLANDS – Stichting Shell Pensioenfonds, the €13.7bn scheme of the oil giant, made a 6.9% return on its hedge fund investments in 2004.
-
News
Bolkestein urges Dutch to act on directive
NETHERLANDS – Frits Bolkestein, the former European internal markets commissioner, has called on the Dutch government to act promptly to implement the occupational pension fund directive.
-
News
ING proposes increasing staff pension age
NETHERLANDS - ING Group has proposed raising its own staff’s pension age to 65 from 62 - which the unions say they won’t accept.
-
Features
Prepensions refuse to lie down
The trade unions, in particular FNV and CNV, in cooperation with the employer’s organisations, such as the VNO-NCW and MKB, have stopped the current Dutch liberal-Christian Democrat government from totally overhauling the pension sector. Nonetheless, further changes are due to come in the coming months. The Museumplein-agreement between social partners ...
-
News
Dutch govt under fire at DNB pensions seminar
NETHERLANDS - The Dutch government came under fire from senior pension industry figures such as Roland van den Brink and Jean Frijns at a seminar organised by the Dutch central bank earlier this week.
-
News
Dutch textile firm Blydenstein closes scheme
NETHERLANDS - Dutch textile company Blydenstein-Willink, currently better known under the brand name of Verison, is set to close its pension fund on December 31.
