
The introduction of the Dutch code for corporate governance for pension funds will be delayed again, and probably won’t be published until much later in the year.
“The planning has been a bit too ambitious, because of the complexity of a number of issues,” labour foundation member Gerard Verheij said. The foundation, also known as Star, has been charged with designing the code.
There are several issues under discussion. These include who has the say within pension funds, corporate governance in an insurance-based scheme and the development of non-core activities.
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