Pension investors ABP and Aegon together invest more than a billion euros into polluting oil sands. Insurer NN Groep and pension fund PFZW together invest 119 million euros in this sector, according to research by environmental organization Greenpeace, the Volkskrant reports.
PFZW
Oct 20 '16 10:51
The financial position of the five largest pension funds hardly changed in the third quarter, meaning that four out of the five still have a funding shortfall. This final quarter of 2016 will reveal whether the funds will have to lower pensions next year
Mar 16 '16 09:21
Some 7 million workers and pensioners may well see their pensions reduced next year. The financial situation of the large Dutch pension funds dropped to critical last month, according to figures released by Aon Hewitt on Tuesday
Nov 17 '15 16:00
The Dutch care and welfare pension fund PFZW wants to halve the climate footprint of its investments by 2020. To do so the fund will be investing less in companies with high greenhouse gas emissions, and more in companies that contribute in solving the climate problem.
Jun 30 '15 09:42
Two-thirds of Dutch pension funds, including 4 of the 5 largest funds, are in so much financial trouble that they will have to submit a recovery plan to De Nederlandsche Bank. This involves 160 of the approximately 250 pension funds in the Netherlands. For many of these funds, this will be the second recovery plan they submit.
Apr 17 '15 16:08
The financial position of major pension funds deteriorated over the first quarter. Low interest rates are resulting in lower returns on investments made by the funds, reports the newswire ANP.
Jul 18 '13 03:23
The financial position of the major pension funds in the Netherlands has deteriorated over the past 3 months. Millions of people need to be aware that their pensions might be (again) reduced next year.
The funds were affected by the developments in the financial markets.
