All Wouter Koolmees articles
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People moves: Former Dutch social affairs minister joins railway company
Ross Trustees, AllianceBernstein, LaSalle, Gabler, Dalriada Trustees, HSBC, BVI, WTW, MEAG
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Dutch pensions minister steps down
Successor immediately promises to make retroactive indexation of pensions possible from 2022
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Dutch pension reform delayed by one year
The end of the transition period will also be pushed back by a year to 1 January 2027
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Koolmees: ‘Balanced transition’ most difficult challenge of new pensions contract
If pension schemes’ funding ratios are still below 100% at the moment of transition, they will have no choice but to cut pension rights
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Dutch cabinet agrees with unions on DC pensions switch
Pension funds will no longer be constrained by a coverage ratio largely dictated by a discount rate for liabilities
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ABP chair: ‘Concept for new pension system lacks crucial elements’
Wortmann-Kool urges for new pension system to be implemented sooner
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Dutch minister: APF now important vehicle for consolidation
The consolidation process had boosted the number of participants and pensioners at sector schemes
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PFZW preps pilot for self-employed to join sector schemes
The current pensions legislation needs to be adjusted
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Consultancies expect Dutch schemes to endure ‘wave of drastic measures’
‘The participants won’t be able to recoup the lost accrual, as pension funds can only start granting indexation when their funding is at least 110%’
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Large Dutch metal schemes keep premium, accrual unchanged in 2020
PMT and PME announce significant contribution rise for 2021
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Netherlands roundup: Textile scheme MITT to temporarily reduce accrual to avoid cuts
Aegon to switch to IDC plan for its staff
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Netherlands roundup: ABP keeps regular premium for 2020 unchanged
Plus: Minister to discuss admin issues with pensions sector
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Dutch pensions sector responds positively to cuts postponement
Supervisor DNB warns against redistribution of pensions assets across participants
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Dutch schemes get reprieve from cuts as minister lowers funding floor
Koolmees reduces minimum required funding level from 100% to 90% pending pensions reform
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Accrual roundup: Retail scheme warns for accrual drop to 1%
ING CDC scheme mulls annual pensions accrual by one quarter
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Dutch opposition: Support for pensions accord on the line in case of cuts
PvdA and GroenLinks also oppose contribution increases and accrual reduction
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Unions warn against drop in pensions accrual at ABP
Unions also fear significant contribution rise
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Dutch union may call for strike action if pension cuts go ahead
FNV: implementing rights discounts would put pensions agreement in jeopardy
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Dutch minister decouples talks with funds about cuts from reform details
Intention set out in letter to parliament about roadmap for further elaboration of the pension agreement
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Dutch Pensions Federation rings alarm bells over looming disaster [updated]
Industry organisation calls for urgent consultations between minister and pensions sector to prevent serious damage to system