Explainer: Why the Dutch pension fund reform matters for markets

Core Viewpoint - The Dutch occupational pension system, the largest in the European Union, will transition to a new system starting January 1, which will no longer guarantee benefits, enabling the sector to invest in riskier assets [1] Group 1: Transition Details - The new system will allow the nearly 2-trillion-euro ($2.35 trillion) pension sector to diversify its investment portfolio by purchasing riskier assets [1]