The Netherlands: Pensions Architects - Holland Financial Centre

1 IntroductionThis is the story of the Netherlands, one of the world’s bestlocations to find high quality products: from flowers, old andnew windmills and design products to excellent pensionservices and solutions.In this booklet the Netherlands promotes itself as the primelocation for offering high quality retirement managementservices. And – as this booklet will clarify – we have everyreason to do so.The Netherlands has always been a very friendly, open mindedeconomy. The central geographical position of the Netherlands,its excellent connectivity, the highly developed infrastructureand its multilingual highly educated workforce are some of thereasons why numerous European, American and Asian companieshave established their offi ces in the Netherlands. Chapter2 contains some key data of the Netherlands.Chapter 3 is called the ‘The Pension Challenge’ and providesinsight in the components of ‘pensions’ separately from thepension systems in the different EU Member States. In thischapter we will describe the six components from which eachpension is constructed. Interesting to note is that each componentcould be applied abroad.In chapter 4 we explain the need for Pension Pooling in generaland the trend towards grip and control specifi cly. Chapter 5contains vital information on the new Dutch IORP: the PremiumPension Institution (PPI). This new pension vehicle is recentlyintroduced in the Netherlands and is already a big successamongst Dutch Financials. Through the PPI the Netherlandswill position itself as an excellent location for the establishmentof cross-border operating pension vehicles.6