DNB sizes up pension fund recovery plans
Assessment of recovery plans highlights impact of new regulatory requirements
Dutch pension funds with a shortfall of assets relative to their liabilities expect to achieve the necessary rebalancing within six-and-a-half years, the Netherlands Bank said on September 1.
The central bank evaluated 155 pension schemes to see if they are in compliance with the new financial assessment framework, which offers the funds "more time and wider policy margins" to adjust.
The funds in question expect to achieve a suitable funding ratio almost "exclusively on the basis of surplus
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