Share on LinkedInShare on LinkedIn

ARTICLE · 29 OCTOBER 2013

Recent Developments Regarding Governance Of Dutch Pension Funds

De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
Contributor
De Brauw Blackstone Westbroek

De Brauw Blackstone Westbroek

Our clients are increasingly operating in South-East Asia and require legal assistance in the...

View firm profile
Explore more from De Brauw Blackstone Westbroek

On 7 August 2013 legislation aimed at strengthening the governance structure of Dutch pension funds came into force.

NetherlandsEmployment and HR
Francine Schlingmann
Francine Schlingmann
Mariken Van Loopik
Mariken Van Loopik
Author LinkedIn connections

On 7 August 2013 legislation aimed at strengthening the governance structure of Dutch pension funds came into force. Apart from introducing new governance models and new rules on the composition and role of various bodies within pension funds, the new legislation has also introduced a few rules that will have consequences for outsourcing by Dutch pension funds.

More in particular, investment managers must be aware that their Dutch pension fund clients are now subject to a rule that requires them to have a certain "insight" into the remuneration policies of the parties to which they outsource activities, such as portfolio management. In addition, pension funds are now under a statutory obligation to take the remuneration policies of investment managers into account in the manager selection process, and to publish their own policy for the way in which they do that.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Implementing The EU Pay Transparency Directive In The Netherlands: What Employers Need To Know

The Netherlands is set to implement the EU Pay Transparency Directive by January 2027, introducing comprehensive requirements for employers to ensure equal pay across genders. Employers will face new obligations including salary disclosure to job applicants, gender pay-gap reporting for companies with 100+ employees, and the need to justify pay differences using objective, gender-neutral criteria.
European UnionEmployment and HR
GGI | Global Alliance
GGI | Global Alliance
Article

Future Pensions Act: Who Gets What In The Transition To The New Pension System?

The Future Pensions Act mandates that Dutch pension schemes transition to new solidarity-based or flexible defined contribution models by 2028, requiring the conversion of collective pension assets into individual capital accounts. This process raises critical questions about fair allocation of pension fund assets and the potential liability exposure for social partners and pension funds when distributions become unbalanced.
NetherlandsEmployment and HR
Loyens & Loeff
Loyens & Loeff
Article

Closing The Pay Gap: The Dutch Response To The EU Pay Transparency Directive

The Netherlands is implementing the EU Pay Transparency Directive to address the persistent 7% gender pay gap in its business sector. Employers will face new disclosure requirements before and during employment, including mandatory gender pay-gap reporting for companies with 100 or more employees, with the first reports due in 2028. The Dutch approach emphasizes strict implementation without additional obligations, but places the burden of proof on employers who fail to comply with transparency requirements
European UnionEmployment and HR
GGI | Global Alliance
GGI | Global Alliance
Article

The WTTA: Why International Employers Need To Reassess Their Workforce Supply In The Netherlands

The Netherlands is introducing a strict new accreditation regime for temporary staffing that will fundamentally change how international businesses deploy workers on Dutch projects. Starting in 2028, all organizations supplying personnel in the Netherlands must obtain government admission permits, with hirers facing legal obligations to verify supplier compliance before work begins.
NetherlandsEmployment and HR
GGI | Global Alliance
GGI | Global Alliance
Article

Impending Arrival Of The Pay Transparency Act In The Netherlands: Five Practical Steps For Employers

The Dutch implementation of the European Pay Transparency Directive is advancing through the legislative process, set to take effect January 1, 2027. The Verwey-Jonker Institute has released a practical guide outlining how employers can establish objective, gender-neutral pay structures to meet these new requirements. Employers face critical decisions about job evaluations, remuneration policies, and privacy-compliant processes that will fundamentally reshape how they justify and document compensation pract
NetherlandsEmployment and HR
Littler - Canada
Littler - Canada
Article

Pension-related Compensation In Practice: “It’s A Shared Responsibility”

The Dutch pension transition from defined benefits to defined contributions is creating complex challenges around compensation for employees. Pension providers and employers face disputes over disclosure requirements, reorganization scenarios, and timing issues that can cause employees to miss out on or double up on compensation. Legal experts examine the emerging conflicts and overlooked considerations as the 2028 implementation deadline approaches.
NetherlandsEmployment and HR
De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
Article

Trading Disruption Risk Expected For EU Companies Listed Or Traded Outside The EU

A critical deadline looms for European issuers with securities traded outside the EU, as a key grandfathering clause under the CSD Regulation expires on 17 January 2027. Without timely regulatory action, third-country central securities depositories like DTC may be forced to suspend services to affected EU issuers, potentially disrupting trading in their equity and debt instruments on international markets.
European UnionInternational Law
De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
Article

EU Companies Listed Or Traded Outside EU To Be Aware Of Upcoming Expiry Of Key Trade-facilitating Clause

A critical deadline looms for European issuers with securities traded outside the EU, as a key grandfathering clause under the CSD Regulation expires on 17 January 2027. Without timely regulatory action, third-country central securities depositories like DTC may be forced to suspend services to affected EU issuers, potentially disrupting trading in their equity and debt instruments on international markets.
European UnionFinance and Banking
De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
Article

Dutch Competition Regulator's Call-in Power Passes "First Phase" As Lower House Adopts Bill

The Netherlands is poised to grant its competition authority unprecedented power to scrutinize mergers that fall below traditional notification thresholds, targeting potentially harmful transactions such as roll-up strategies and killer acquisitions. While the Dutch House of Representatives has approved the bill despite criticism from the Council of State, the legislation introduces an asymmetric threshold system and raises standard notification requirements, fundamentally reshaping the country's merger con
NetherlandsAntitrust/Competition Law
De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek