The year 2026 has emerged as the ‘most popular’ year to transition to the new pension system, according to Aon.

The first transition plan has also been made public, that of the collective labour agreement parties of BPF Transport. In addition, DNB has published the entry template that funds must submit for the transition. This gives an idea and direction for what is involved in the transition.

Aon said that it has become clear that there is a lot involved in the transition and, specifically, in filling in the transition plan. The deadline for this is 1 January 2025. Aon Netherlands Wealth Solutions, CEO, Frank Driessen, said the “pressure on the sector is undiminished”.

"The challenge is not to let speed come at the expense of care. It is therefore important to free up sufficient capacity and to identify the risks,” he added.

Dutch policymakers had been negotiating the details of the Future Pensions Act for several years and finally came to an agreement earlier this year.

Initially, the deadline for pension funds to transition to the new system was set as 1 January 2027, but this was moved back to 1 January 2028 in the latter stages of discussions.

While the deadline has been set at 2028, some pension funds plan to transition to the new system earlier than this.

Share Story: