All articles by Leen Preesman – Page 98
-
News
TNO recovery requires no major change
[16:10 CEST 17-04] NETHERLANDS - The €1.8bn pension fund of TNO expects to recover from its cover shortfall by raising its contributions and refraining from paying indexation.
-
News
DNB pension ups fixed income allocation
[14:30 CEST 14-04] NETHERLANDS - The €880m pension fund of pensions regulator De Nederlandsche Bank has downgraded its investment risks by divesting equity in favour of fixed income investments.
-
News
Sagoenie new chairman actuaries
[16:50 CEST 30-03] NETHERLANDS - The Dutch Actuarial Association (AG&AI) has appointed Rajish Sagoenie as its new chairman.
-
News
Footballer scheme’s positive return from 100% fixed income
[17:10 CET 27-03] NETHERLANDS - The €560m ‘pension fund’ for Dutch professional football players generated positive returns of 1% after allocating all its assets to fixed income investments in mid-2008.
-
News
DNB still insists on April date for recovery plans
[17:05 CET 27-03] NETHERLANDS - Pensions regulator De Nederlandsche Bank (DNB) insists on pension funds submitting their recovery plans before 1 April, despite easing the rules on recovery.
-
News
Donner allows three-year leeway on pension cuts
[16:45 CET 26-03] NETHERLANDS - Pension funds working on short-term recovery plans are not required to cut benefits during the next three years, according to Social Affairs’ minister Piet Hein Donner.
-
News
Dutch schemes lost 17% in 2008 - DNB
[15:30 CET 26-03] NETHERLANDS - Dutch pension funds lost an average of 17% on investments in 2008, according to pensions regulator De Nederlandsche Bank.
-
News
Netherlands to raise state retirement age
[16:40 CET 25-03] NETHERLANDS - The Dutch government has said it will raise the official retirement age from 65 to 67, unless social partners can come up with acceptable alternatives.
-
News
Pension crisis to hit older workers hard - economists
[17:00 CET 24-03] NETHERLANDS - Dutch workers with large additional pension holdings will be hardest hit by the pensions crisis, according to scientists at the Netherlands’ Bureau for Economic Policy Planning (CPB).
-
News
Vermaire to head investment at TNO scheme
[15:15 CET 24-03] NETHERLANDS - The €1.8bn pension fund of applied technical research institute TNO has appointed Arjan Vermaire as its new chief investment officer.
-
News
DNB sticks firm to yield curve for liabilities
[17:20 CET 23-03] NETHERLANDS - Pensions regulator DNB is sticking to its earlier position stating it will not consider an instrument change for calculating liabilities, despite continued calls from the industry.
-
News
ANWB proposes 'creative' plug to pensions gap
[16:15 CET 23-03] NETHERLANDS – ANWB, the executive body of a motorists’ lobbying organisation, has proposed to plug the financial hole in its pension fund with an agreed 3.3% salary increase.
-
News
Pension system risks underestimated - DNB
[16:00 CET 18-03] NETHERLANDS - The current Dutch pension system carries more risks than expected because the existing management instruments are less effective than envisaged, De Nederlandsche Bank is understood to have acknowledged.
-
News
Eureko to shed 2,500 jobs after €2.1bn loss
[16:15 CET 17-03] NETHERLANDS –Eureko chairman Willem van Duin said the insurer and pensions provider will shed 2,500 jobs within the next two years in a bid to save €300m, after reporting the firm lost €2.1bn last year largely through poor performance on its investment portfolio and at associated companies.
-
News
Actuaries claim raising AOW age is unnecessary
[17:00 CET 16-03] NETHERLANDS - A gradual rise in the official Dutch retirement age from 65 to 67 is not necessary and undesired, the Actuarial Society (AG) has suggested, as transitional rules for the creation of additional savings schemes will make pensions much more complex, expensive and time-consuming.
-
News
Pensioners work longer for incentives - APG
[16:25 CET 16-03] NETHERLANDS - APG Group has presented evidence suggesting pension funds’ participants will work for almost 18 months more than they originally planned before retiring if they are incentivised to do so.
-
News
Dutch schemes lost €86bn in Q4
[16:10 CET 13-03] NETHERLANDS - Dutch pension funds’ combined investments in equity and fixed income decreased by 19% to €529bn during the fourth quarter of 2008, according to De Nederlandsche Bank.
-
News
Call for rescue fund in the Netherlands
[16:00 CET 13-03] NETHERLANDS – A Dutch lobbying organisation for the elderly has called for a rescue fund to be set up which will allow struggling pension funds to keep their benefits at their present level.
-
News
Aegon’s Dutch pension sales dropped 57%
NETHERLANDS - Aegon’s pension sales in the Netherlands dropped 57% during the fourth quarter of 2008, and led to lower overall life sales of 44% compared to the previous year.
-
News
Two KLM schemes fail to land on target
[14:45 CET 09-03] NETHERLANDS - Two of three pension funds of KLM, the airline, have seen their cover ratios decrease by up to 10% below the required minimum.
