2026-04-14
The Dutch Authority for the Financial Markets (AFM) requires occupational pension boards and supervisors to adopt a participant-centric governance model as the sector transitions to defined contribution arrangements. This regulatory shift mandates that providers design suitable products, deliver transparent risk information, and implement behavioral-friendly choice architectures to protect individual investors from complex market risks. Embedding these standards into the revised IORP II directive will strengthen long-term financial security, sustain market trust, and align European pension systems with the Savings and Investment Union’s resilience goals.