Posts from Sunday Oct 7 2012

FTfm on AV

Some highlights from Monday’s FTfm.

Dutch funds cutting pensions
More than 80 Dutch pension funds will have to cut payments to pensioners for the first time ever from April next year, unless they can improve their financial situation. De Nederlandsche Bank, the Dutch central bank, has mandated that pension fund assets must equal at least 105 per cent of liabilities by the end of 2013. Read more