Dutch pensions - Netherlands' pension funds stagger back to solvency

Some of the Netherlands' largest pension funds, including ABP, the EUR185 billion (£160 billion) civil service fund and the PME, the EUR18.7 billion (£16.2 billion) mechanical and electrical engineering fund, are on their way to regaining the 'minimum' solvency ratio of 105% ahead of schedule, thanks to a combination of soaring equity values, favourable interest rates and prudent spending.

In April this year, more than 340 pension funds out of a total of about 650 were forced to submit recovery

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