NETHERLANDS - The Dutch Association of Industry wide Pension Funds (VB) has proposed a draft code of pension fund governance that includes the creation of a supervisory board made up of employers, employees, pensioners and former participants to oversee pension funds boards.
“At the moment, the board of the pension fund is the final forum for supervision and responsibility,” said Peter Borgdorff, VB’s director. “We want to have an extra board of participants made up of...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here