NETHERLANDS - The ABP pension scheme has announced it would be splitting the fund into two separate components to comply with the recently passed Pensions Act 2007.
The change would see the €200bn fund create a separate administration agency comprising of a holding company, supervisory board and executive board to oversee administration, asset management servi...
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, 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
