NETHERLANDS - Half of the top 10 pension funds in the Netherlands saw their coverage ratio drop to between 85% and 95% at the end of November, the Dutch Association of Industry-wide Pension Funds (VB) has revealed.
Bram van Els, spokesman for VB, said the reserves of Dutch pension funds had been hit by the double whammy of stock market falls, along with recent declines in swap rates. He said: "This is very h...
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