NETHERLANDS - Financial consultant bfinance has appointed Frans Verhaar to lead its expansion into the Netherlands.
Speaking to Global Pensions, Verhaar said his appointment was part of bfinance's expansion into the Northern European market.
He said: "We've seen demand from the Netherlands - it's a market which has been impacted by the global financial crisis, and many funds are submitting recovery plans to the regulator."
Verhaar will report to Richard Tyszkiewicz, senior director, business development, the leader of bfinance's Northern Europe investment consulting team and will divide his time between London and the Netherlands.
Tyszkiewicz said the appointment was made in order to focus on the Dutch market, as it was viewed as a "highly sophisticated investment landscape" with a number of globally important pension funds active.
He added: "Frans has extensive first hand experience of working closely with major investors across Europe and North America on manager searches in mainstream and alternative asset classes.
"This knowledge will be of great value to institutions in the Netherlands."
Verhaar joined bfinance's London-based research and development team as a senior associate from ING Insurance in 2007.
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.