All articles by Leen Preesman – Page 99
-
News
Schemes struggle with integrity - KPMG
[16:20 CET 06-03] NETHERLANDS - Many Dutch pension funds are struggling to meet their own governance criteria on integrity policy, consultancy firm KPMG has suggested.
-
News
Committee to screen schemes’ investment policy - Donner
[16:00 CET 06-03] NETHERLANDS - Social affairs minister Piet Hein Donner will establish an independent committee to find out whether the investment policy of pension funds has landed them in their precarious financial position following the credit crisis.
-
NewsLetter will do instead of indexation label - AFM
[16:45 CET 05-03] NETHERLANDS - Pension funds will be allowed to inform their participants about the effects of the credit crisis on their pension in a letter, rather than through the prescribed label on indexation quality.
-
NewsDonner to allow 'multi-fund' for smaller schemes
[15:30 CET 04-03] NETHERLANDS - Social affairs minister Piet Hein Donner is planning to unveil legislation which will allow small company pension funds to work together as a multi-fund scheme but leave the individual scheme’s assets ring-fenced.
-
News
PME mulls pensions cut in 2010
[16:00 CET 03-03] NETHERLANDS - PME, the €18.7bn industry-wide pension fund for the metal engineering industry, could be forced to reduce pension benefits next year if the extended five-year recovery period is not given further flexibility.
-
News
DNB to review contracting-out risks
[16:45 CET 02-03] NETHERLANDS - Pensions regulator De Nederlandsche Bank will focus its supervision this year on the way pension funds’ boards handle the responsibility of risk management when it comes to dealing with contracted-out tasks.
-
News
Philips hits a flat note on pensions
[15:00 CET 02-03] NETHERLANDS - The €13bn pension fund of electronics giant saw its investments yielding nothing in 2008 while other schemes struggled with losses of at least a fifth, but it did so largely thanks to a 17% return on fixed income holdings.
-
Country ReportWeathering the storm
Although Dutch pension funds have all seen their funding ratios decline in the wake of the credit crisis, some have managed to limit the damage. Three funds share their strategies with Mariska van der Westen and Leen Preesman
-
News
AFM to step up communications supervision
[16:45 CET 27-02] NETHERLANDS - The Authority Financial Markets (AFM) will step up its supervision of pension funds to ensure they properly apply the requirements of communicating to their participants.
-
News
Dutch investments lost 5% in Q4
[16:30 CET 27-02] NETHERLANDS - Dutch investment funds lost over 5% of their assets during the fourth quarter of last year, leaving their combined assets at €172bn, according to De Nederlandsche Bank.
-
News
Consumers push for increased voice on pension recovery
[14:00 CET 26-02] NETHERLANDS - Consumers’ organisation Consumentenbond has claimed pension funds should more proactively involve their participants in important decisions such as drawing up recovery plans.
-
News
Call on Dutch to target Western Europe
[15:30 CET 25-02] NETHERLANDS – The Dutch pensions industry should focus on EU countries in Western Europe as an export market for the Dutch pension system because their models are relatively compatible, according to an academic and pensions expert.
-
News
Interest hedge limits SPW’s loss
[16:55 CET 17-02] NETHERLANDS - SPW, the €4.5bn pension fund for the housing corporations, was able to limit its loss on investments to 2.7% during the fourth quarter, thanks to an extensive interest rate hedge.
-
News
Eureko gets €1bn capital boost
[16:45 CET 16-02] NETHERLANDS - Eureko’s capital position has been bolstered with a €1bn capital injection from its major shareholders Achmea Association and Rabobank Group, and talks could resume in the row concerning Poland’s PZU.
-
News
Trade bodies warn against hard-hitting measures
[11:00 CET 16-02] NETHERLANDS - Dutch pension funds’ lobbying organisations have warned they will oppose any recovery measures that are could hit schemes’ participants hard, as long as it is not clear whether the consequences of the credit crunch will be lasting.
-
NewsDNB to scrutinise schemes’ reporting
[16:30 CET 13-02] NETHERLANDS - Pensions regulator De Nederlandsche Bank (DNB) intends to pay extra attention to the reliability of reporting by pension funds, as part of its supervision in 2009.
-
NewsAlternatives require daily liquidity risk monitor - KPMG
[13:45 CET 13-02] NETHERLANDS – KPMG is advising Dutch pension should increase the monitoring of their liquidity risk following an increased allocation to alternatives.
-
News
Mercer warns of 'less transparency' under new accounting
[11:00 CET 11-02] NETHERLANDS - Replacing the present accounting rules for unlisted Dutch companies, as proposed, could lead to a decrease in transparency, a partner at Mercer Consultants has suggested.
-
News
Actively-managed assets underperformed - Hewitt
[16:15 CET 10-02] NETHERLANDS - Most actively-managed assets underperformed last year because of the additional costs charged over passive strategies, Hewitt Associates has suggested.
-
News
Pension funds seek fresh delay to indexation label
[16:10 CET 06-02] NETHERLANDS - VB and OPF, the main lobbying organisations for the Dutch pension funds, have called for a further delay to the introduction of the indexation label, as officials say the financial situation is still too unclear to be able to deliver sound forecasts.
