NETHERLANDS - The country's two biggest pension funds have announced declines in their coverage ratios, with ABP required to draw up a recovery plan by the Dutch regulator after falling to 118%.
ABP revealed at the end of Q3, its coverage ratio had fallen 22%, from 140% at the end of 2007. Once a fund falls below 125% it has to inform De Nederlandsche Bank (DNB). Its return on investmen...
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