‘Replace pension fund with savings account’

By: Together Abroad 03-05-2012 11:11 AM
Categories: Business news, Tips for internationals,


AMSTERDAM – Traditional collective pension funds should be replaced by compulsory individual savings accounts. The current system is far too unclear.
So stated by Lex Hoogduin, professor in monetary economics and former central banker with the Nederlandsche Bank, in an interview for NRC Handelsblad. According to Lex Hoogduin the current pension agreement should be replaced with a better alternative. According to the professor’s plans, all Dutch people will have a savings account holding all savings aimed at for instance their pension or housing.

Source: NRC Handelsblad.

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