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It should not amaze that the OECD is unable to mention government policy as a reason for the many closures. At least in the Netherlands, I think this is the major reason, not only for the consolidation, but also for departures. This makes life easier for officials, but it is not necessarily in the interest of the beneficiaries.

The Dutch supervisor always demands more money from pension funds, while making life increasingly difficult for smaller funds with narrow-minded, inflexible and costly reporting (hence solvency) requirements, controversial meddling in governance and obvious efforts to squeeze out pension fund administrators who dare to disagree with them. No wonder OECD is scared...