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Akzo Nobel scheme loses a fifth

5 February 2009

[16:40 CET 05-02] NETHERLANDS - The €3.6bn Dutch pension fund of paints giant Akzo Nobel returned –20.6% on its investments in 2008, as its equity allocation plummeted in value by 42%.

Akzo Nobel scheme returns 9.4%

2 November 2009

[16:15 CET 02-11] NETHERLANDS - The €3.9bn pension fund of paints giant Akzo Nobel returned 9.4% on investments during the third quarter of 2009, raising its cover ratio to 110%.

Solvency ratio drops on Akzo Nobel pension

22 October 2008

[13:00 CEST 22-10] NETHERLANDS – The €4bn Dutch pension fund of paints giant Akzo Nobel has so far lost over 25% this year on its equity holdings, reducing its solvency ratio to 120%.

Akzo Nobel scheme returns 4.1% in first quarter

29 April 2010

NETHERLANDS - The €4bn Dutch pension fund of paint giant Akzo Nobel reported a 4.1% return on its investments during the first quarter of 2010.

Pensioners in court summons to Akzo Nobel

8 February 2006

NETHERLANDS - Dutch pension funds could be confronted by further legal action from pensioners if a court case against industrial group Akzo Nobel and its pension fund is successful.

Akzo Nobel scheme outsources to Eureko

26 January 2006

NETHERLANDS – The €4.7bn Stichting Pensioenfonds Akzo Nobel has signed an outsourcing agreement with the Eureko Group.

Akzo Nobel chooses Aegon for levensloop

11 November 2005

NETHERLANDS – Chemicals firm Akzo Nobel has chosen insurer Aegon as provider of the collective levensloop, or ‘life course’, scheme for its 20,000 employees, Aegon said in a statement.

Akzo Nobel feels IFRS impact

16 December 2004

NETHERLANDS - Pharmaceutical giant Akzo Nobel is to write down almost €500m in the new year in order to comply with the new international accounting standard.

Akzo Nobel first to abolish collective prepension

5 May 2005

NETHERLANDS - Chemical company Akzo Nobel is the first company to abolish the collective prepension scheme for its Dutch employees. Instead they can save individually for long-term leave via the new ‘levensloop’ scheme, which still will allow retirement at 62.

Akzo Nobel reaches agreement with ICI pension fund (UPDATE)

13 August 2007

[16:15 CEST 13-08] NETHERLANDS/UK – Dutch paints major Akzo Nobel said it has reached an agreement with the trustees of the Imperial Chemical Industries (ICI) pension fund, under which it will continue supporting the fund. (Updated with comment from ICI trustees).

Akzo Nobel working under PPF on UK scheme

14 March 2006

UK – Dutch-based chemicals and coatings firm Akzo Nobel is working under Pension Protection Fund regulations on the situation at one of its UK subsidiaries.

Akzo Nobel shifts to DC to ease balance sheet

4 July 2005

NETHERLANDS - Dutch industrial group Akzo Nobel says it will make a €300m shift to defined contribution pensions to align it with the new Financial Assessment Framework, or FTK.

Akzo Nobel may outsource €4bn pension assets

21 June 2005

NETHERLANDS – Dutch healthcare, coatings and chemicals group Akzo Nobel is understood to be looking to outsource its pension responsibilities in a Philips-style deal.

Akzo Nobel in court over pension accounting

12 June 2003

NETHERLANDS – Dutch shareholder activist group SOBI has taken Akzo Nobel to court over its pension accounting – though the chemicals and drugs company rejects the charge.

New female CEO for Robeco

4 October 2021

Karin van Baardwijk will succeed Gilbert van Hassel as CEO as of 1 January 2022

Akzo Nobel goes to tender

April 1999 (Magazine)

Netherlands: First funds prepare for DC switch

Top 1000 Pension Funds 2024

Despite pre-election threats, the transition is not expected to be rolled back by the new government

UK: Labour government seeks continuity with focus on boosting domestic investment

Top 1000 Pension Funds 2024

The Department for Work and Pensions will have its work cut out as the new Labour government starts a comprehensive pensions review

ICI fund teams up with Legal & General for 17th buy-in

13 August 2020

£10.3bn DB fund has also been liquidating return-seeking assets

Pension fund for Dutch harbour pilots ditches factor portfolio

1 September 2021

Loodsen has converted its equity portfolio to four passive regional funds