Regulatory Alerts2022-10-31
Sector Overview Pensions 2022
The Dutch Authority for the Financial Markets (AFM) issued the 2022 Sector Overview Pensions to provide insights for pension providers preparing for the transition to premium agreements. The report highlights that experience with premium agreements remains limited, with only 6% of pension wealth in the accumulation phase and less than 6% of variable pensions currently structured this way. It further identifies critical risks regarding low accumulated values for many participants, low utilization of investment freedom, and insufficient guidance on pension date choices.
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