Regulator should consider case-by-case extensions

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NETHERLANDS - Extended recovery periods for under-funded pension schemes should be decided on a case by case basis, the Dutch Association of Industry Wide Pension Funds (VB) has argued.

The Dutch pensions regulator De Nederlandsche Bank (DNB) rejected calls for a blanket extension of recovery periods from the statutory three years, as a reaction to coverage ratios under the 105% m...

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