New look at pensions
“Market players are looking for innovative solutions tailored to their individual needs and wishes,” explains Peter Kok, CFO of Delta Lloyd Group, in the special Financieel Dagblad pensions supplement published on 10 June.
Many companies still manage their own pension funds, but is that still the most appropriate choice, given all the new, complex legislation and additional financial risks now involved? New regulations are forcing a far greater focus on professionalism. As Peter Kok said in the pensions supplement interview, “We’re also seeing that in the market: companies are thinking long and hard about alternatives.”
Many companies still manage their own pension funds, but is that still the most appropriate choice, given all the new, complex legislation and additional financial risks now involved? New regulations are forcing a far greater focus on professionalism. As Peter Kok said in the pensions supplement interview, “We’re also seeing that in the market: companies are thinking long and hard about alternatives.”
Rapidly changing market
Henk Otten, director of Delta Lloyd Life, and Marcel Polk, CEO of Marsh Netherlands, discuss the takeover of the Mees & Zoonen pensions in another section of the supplement. Delta Lloyd acquired the pensions from the Mees & Zoonen occupational pension fund on 1 January 2007. The occupational pension fund has since been disbanded and Delta Lloyd has taken on all the fund’s liabilities. As Henk Otten explains, “As a knowledge insurer we’ve been intensively examining the rapidly changing market and considering how we can best respond. We want to work with clients to devise innovative solutions that are precisely tailored to their needs. And Marsh contacted us at exactly the right moment.”
Click here to see the pensions supplement (Dutch).
