The Common Retirement Fund has incrementally increased its exposure to fixed income such as cash, bonds, and mortgages.
The new guidance is meant to help the pension system engage companies in its portfolio where it can have the most impact.
The Netherlands’ ABP unveils sustainability plan for $515 billion portfolio.
The aerospace giant will transfer liabilities to the insurer, roughly 20,000 retirees and current workers.
Equity holdings fall by 22% in 20 years as pensions turn to alts in search of alpha.
Under a new proposal, 6% in new contributions would be made by the country’s employers to sustain retired citizens above the poverty line.