NETHERLANDS - Dutch pension funds that delay in implementing solutions that close the duration gap between their assets and liabilities in the hope that interest rates will rise risk breaching the new FTK regulations, warns Benoit Fally, managing director of State Street Global Advisors in Brussels.
Fally said for a pension fund with a funding ratio of 105%, no positive change in interest rates, or even worse, a drop, could see the fund left with a funding ratio of 100% or less when FTK takes ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date