NETHERLANDS - The PGGM and ABP pension funds could be fined by the Dutch central bank (DNB) over an alleged mis-promotion of levensloop schemes offered by their subsidiaries, an allegation dismissed today by the funds.
A complaint regarding the mode in which these schemes were marketed through the funds’ subsidiaries, ABP’s Loyalis and PGGM’s Careon, was lodged with the DNB by the Dutch Association of Insurers (V...
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