Edwin Velzel News Today

Dutch pension fund Pensioenfonds Metaal & Techniek said it is shifting its administration to PGGM away from MN in an effort to cut costs.

By Tjibbe Hoekstra2020-12-14T16:37:00+00:00 Dutch pension funds will have to “coach” their members more actively following the upcoming pension reform which shifts risks away from employers to members, according to Gerard van Olphen, the departing CEO of the country’s largest asset manager APG. He thinks they are not yet prepared for this new role. But it would be a step too far to allow pension funds to give investment advice to their members, Van Olphen, who will leave the €531bn as...