Regulatory Alerts2023-06-29
Sector Overview Pensions 2023
The Dutch Authority for the Financial Markets (AFM) issued the Sector Overview Pensions 2023 to monitor the state of the Dutch pension sector and key trends in defined benefit (DB) and defined contribution (DC) schemes as of December 31, 2021. The report highlights that while the sector is transitioning toward premium agreements and variable payouts, 93% of assets in the accumulation phase and 95% of active participants remain in traditional benefit agreements. It further reveals that the vast majority of participants accept default options, with 90% of DC participants choosing fixed payouts and showing minimal engagement with complex choice architectures.
Share