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The General Pension Fund (APF) Bill was presented to the Second
Chamber on 18 December 2014. An APF is a new type of pension fund
in the sense of the Pensions Act that enables establishing several
pension administrators. The characteristic of the APF is that it
can split off separate capital for the diverse pension schemes
administered by the fund. With this, the legislature accepts an
exception to the "prohibition on ring-fencing" as meant
in Article 123.1 of the Pensions Act.
In this publication, René Maatman and Sander
Steneker discuss some outlines of the APF Bill and the manner of
ring-fencing proposed in this Bill.
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here. The article is available in Dutch only.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
