All articles by Leen Preesman – Page 92

  • News

    FTK only needs fine-tuning, claim Dutch actuaries

    2010-01-12T13:30:00Z

    [14:30 CET 12-01] NETHERLANDS – The Dutch Actuarial Society (AG) believes the existing financial assessment framework for pensions (FTK) requires only fine-tuning and is not in need of a major overhaul.

  • News

    Dutch schemes performed ahead of recovery plans

    2010-01-11T15:00:00Z

    [16:00 CET 11-01] NETHERLANDS - Dutch pension fund cover ratios pulled back somewhat last year after suffering significant losses in 2008, to an average 111% by the end of 2009, research from Hewitt Associates has claimed.

  • News

    SPOV and Schilders grant indexation

    2010-01-08T15:55:00Z

    [16:55 CET 08-01] NETHERLANDS - The financial position of the €2.3bn pension fund for public transport SPOV and the €3.3bn scheme for painters and decorators has improved so much on the previous yea's performance that both pension plans can grant their participants indexation for 2010.

  • News

    Dutch pensions aim to win over sceptical public

    2010-01-07T14:15:00Z

    [15:15 CET 07-01] NETHERLANDS - The Dutch Association of Industry-wide Pension Funds (VB) has launched a media campaign after research suggested a large majority of the public is very critical about pension fund investment strategies.

  • News

    DNB approves ANWB recovery plan at fourth attempt

    2010-01-07T14:00:00Z

    [15:00 CET 07-01] NETHERLANDS - Pensions regulator De Nederlandsche Bank (DNB) has approved a fourth version of the recovery plan of the pension fund of the motorists' organisation ANWB.

  • News

    Dutch pension funds begin to pay indexation

    2010-01-06T15:15:00Z

    [16:15 CET 06-01] NETHERLANDS – Dutch pension funds provided by KLM and Fortis Bank will pay their members full indexation this year on the back of improved investment performance.

  • News

    PMA scheme pulls back to grant full indexation of 3.25%

    2010-01-05T15:30:00Z

    [16:30 CET 05-01] NETHERLANDS - The pension fund for Dutch pharmacy staff (PMA) has granted its participants full indexation of 3.25% as the scheme now has a cover ratio of 133%.

  • News

    SSGA ordered to compensate Dutch pension for Lehman loss

    2010-01-05T15:00:00Z

    [16:10 CET 05-01] NETHERLANDS - A Dutch court has ordered State Street Global Advisers (SSgA) to pay €40m plus interest to the OPG pension fund, for losing its investments in the collapse of Lehman Brothers.

  • Dutch cover ratios rise to 109% - DNB
    News

    Dutch cover ratios rise to 109% - DNB

    2010-01-04T14:45:00Z

    [15:45 CET 04-01] NETHERLANDS - The cover ratio of Dutch pension funds improved by an average seven percentage points to 109% during the third quarter of 2009, according to pensions regulator De Nederlandsche Bank (DNB).

  • Life expectancy reduces PfZW indexation
    News

    Life expectancy reduces PfZW indexation

    2010-01-04T14:30:00Z

    [15:30 CET 04-01] NETHERLANDS – PfZW, the €84bn Dutch industry-wide pension scheme for healthcare workers, has granted its two million participants part indexation of 0.72% - lower than in previous years as officials at the pension fund anticipate life expectancy will rise in the future.

  • Donner seeks to reduce level of non-pensioned workers
    News

    Donner seeks to reduce level of non-pensioned workers

    2009-12-23T15:00:00Z

    [16:00 CET 23-12] NETHERLANDS - Social affairs’ minister Piet Hein Donner wants to reduce by 50% the number of workers who are not saving for retirement through a pension fund or an insurer.

  • KLM scheme to grant 2.5% indexation
    News

    KLM scheme to grant 2.5% indexation

    2009-12-23T14:15:00Z

    [15:15 CET 23-12] NETHERLANDS - The €5bn pension fund for KLM flight staff will grant all its participants a full indexation of 2.5%, following the relevant salary index.

  • BAT pension is latest to sue State Street
    News

    BAT pension is latest to sue State Street

    2009-12-22T12:00:00Z

    [13:00 CET 22-12] NETHERLANDS - The €450m Dutch pension fund of British American Tobacco is suing State Street Bank and Trust for losing €39m of its assets through the collapse of bank Lehman Brothers.

  • News

    Dutch Nutreco scheme could impose 3% benefits cut

    2009-12-21T15:45:00Z

    [16:45 CET 21-12] NETHERLANDS - The €244m pension fund of animal nutrition company Nutreco will cut the pension rights of its participants by 3.1% in 2012, if its five-year recovery plan does work out as anticipated.

  • Dutch railways scheme keeps recovery on track
    News

    Dutch railways scheme keeps recovery on track

    2009-12-18T15:15:00Z

    [16:15 CET 18-12] NETHERLANDS - The €10.3bn railways scheme SPF will grant its participants full indexation of 2.07% from the beginning next year, but the metal workers’ scheme PMT has failed to recover enough to consider it.

  • News

    Housing fund SPW returned 8% in Q3

    2009-12-17T15:55:00Z

    [16:55 CET 17-12] NETHERLANDS - The €4.8bn pension fund for housing corporation SPW saw its cover ratio rise by 6.5 percentage points to 103.4% in the third quarter of this year, thanks to an 8% return on investments.

  • News

    Dutch trade union heads flurry of new entrants into PfZW

    2009-12-17T14:30:00Z

    [15:30 CET 17-12] NETHERLANDS - The €450m pension fund of trade union FNV has signed a deal to transfer its members and assets into the PfZW industry-wide healthcare scheme, and others are expected to follow in the near future.

  • News

    DNB condemns 'insufficient' pensions risk management

    2009-12-16T15:55:00Z

    [16:55 CET 16-12] NETHERLANDS – Dutch pensions regulator De Nederlandsche Bank and the pension fund industry bodies are to overhaul pensions risk management, as a DNB study found several pension funds have underestimated investment risks and are paying insufficient attention to governance.

  • News

    Dutch company pensions lag on ESG take-up

    2009-12-14T14:30:00Z

    [15:30 CET 14-012] NETHERLANDS - Company pension funds are still lagging behind their other Dutch colleagues in their use of sustainable investments, according to the Association of Investors for Sustainable Investment (VBDO).

  • News

    Dutch DC providers fail cost clarity test

    2009-12-10T12:30:00Z

    [13:30 CET 10-12] NETHERLANDS - Pension funds and insurers must provide their members with more clarity on the costs of their defined contribution arrangements as few are meeting regulatory requirements, according to communications watchdog the Financial Markets Authority.