Dutch recovery plans to shrink GDP by 0.75%

clock

NETHERLANDS - The five-year recovery plans of Dutch pension schemes are estimated to shrink the country's future gross domestic product (GDP) by 0.75%, a report by De Nederlandsche Bank (DNB) said.

Pension funds in the Netherlands were required to submit recovery plans to the DNB detailing how they planned to reach the 105% minimum funding requirement through 2013. Many schemes said they w...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Netherlands

Falling coverage ratios will hamper Dutch pension funds' buy-out efforts, warns ABN Amro

NETHERLANDS - ABN Amro predicts half of Dutch company pension funds will shift assets to insured schemes.

Thomas Whittaker at Risk.net
clock 01 November 2011 •

Falling interest rates pummel funding ratios at PFZW, ABP

NETHERLANDS - Dropping interest rates knocked the coverage ratio for Pensioenfonds Zorg & Welzijn (PFZW) down to 91% and Stichting Pensioenfonds ABP's down to 90%.

clock 20 October 2011 •

State Street wins Dutch pension custody mandate

NETHERLANDS - Dutch pension fund Stichting Pensioenfonds SABIC Innovative Plastics has appointed State Street Corporation to provide custody and other services for its €700m ($970m) in assets.

clock 19 October 2011 •
Trustpilot