NETHERLANDS - Consultancy Bureau Bosch has entered into a strategic alliance with Zanders Treasury & Finance Solutions, in a bid to find solutions to the problems faced by Dutch pension funds.
The partnership, which took effect on 1 February, intends to create an independent party that can “support the management of the pension plans in all aspects of their responsibility” including governance and risk management.
“Both consultancies found that there is a great need for an independent and sophisticated party that can find solutions to the problems pension plans are facing today,” the firms said in a joint statement.
“The increasing complexity of the investment process and the ever more critical involvement of stakeholders and controlling bodies implies that the management of pension plans becomes a very intensive and sophisticated activity. This is a reason for the ongoing trend towards more outsourcing of specific duties.”
Zanders was established in 1994 specialising in treasury management, risk management, corporate finance, asset and liability management, investment risk consultancy and treasury IT.
The firm said it was increasingly looking more at the services it could offer to pension plans, with a focus primarily on governance and medium term asset liability modelling.
Since inception in 1992, Bureau Bosch has specialised in the investment cycle as an advisor to pension plans, particularly regarding the asset allocation and selection of asset managers, including monitoring, evaluation and after care.
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