NETHERLANDS - Super de Boer has cancelled its service agreement with Pension Fund SDB as of January 1 2010, after failing to agree on a coverage ratio recovery plan, the Dutch supermarket group has said.
The disagreement concerned the measures needed to recover the current coverage ratio of 86% to the minimum required level of 105% within the required five-year timeframe. Super de Boer backed a...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
