NETHERLANDS - Dutch pensions funds industry wide are in for a tough year as premium revenue falls 3% and tax concessions for early retirement and pre-pension schemes are abolished, the Dutch Association of Industry-wide Pension Funds (VB) has warned.
VB said: “2006 will again be a turbulent year for pension funds. Overall premium revenue is expected to drop from e15.3bn in 2005 to e14.8bn in 2006. As in 2005, employers pay approximately a two-t...
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