The Future of Pensions Act (Wtp) brings more than just a new pension contract. It also directly impacts the investment policy of pension funds. This makes it the perfect moment to revisit the foundation of that policy: the fund’s investment beliefs.
These beliefs, the principles that guide strategic investment decisions, deserve to be reassessed now that life-cycle investing becomes the norm, greater transparency is required, and participant risk appetite becomes an explicit part of the investment framework. While many existing beliefs will remain relevant, revisions are inevitable. The new system calls for a shift in emphasis, sharper wording, and possibly even additional beliefs, enabling responsible, well-founded investment decisions under the revised policy framework.
The article is available in Dutch here.
