NETHERLANDS - Industrywide pension fund PGGM has become the first Dutch institution to put all its pension data on the internet.
The EUR 50bn fund has around 900,000 active participants and 150,000 pensioners.
PGGM spokesman Alfred Kool said: “It is very important that they obtain the right information about their status in order to decide whether it is necessary to buy extra pension products. The sooner one knows that, the better , and cheaper. PGGM wants to be as transparent as possible with these things.”
By Luke Clancy
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