Dutch pension providers are continuing their shift toward the new Future Pensions Act (Wtp), according to the latest analysis by MoneyView.

Although the transition period runs until 2028, several providers have already limited or phased out pre-Wtp contracts, while new Wtp-based products are being brought to market.

Moneyview’s 2025 Special Edition on Pensions noted that the product range of pension offerings has changed since last year.

For example, Scildon has withdrawn Scildon Pension from the market and has now transferred the pension portfolio to Allianz, while PNO Media has been added.

“One new market entrant, [PNO Media], now offers only Wtp contracts, while two others make pre-Wtp contracts available only to existing clients or in exceptional cases. Apart from the new entrant, the option for ‘grandfathering’ (continued operation of older contracts) remains widely available,” Moneyview stated.

PNO Media launched its flexible pension offering - PNO Pensioen Op Maat – in January this year, making it the first fund to offer a flexible contribution scheme (FPR) as part of the new Dutch pension system.

The pension fund is open to employers from the following sectors: media and entertainment, arts and cultural heritage, creative business services, ICT and, from 2026, cardboard manufacturing.

During the transition period, it is still possible to conclude a contract based on the old (pre-Wtp) principles, and contributions and survivors' benefits can still be determined in the old way, as long as the contract is amended to a scheme that complies with the Wtp before 1 January 2028.

Moneyview referenced Aon Netherlands' recent study that found a large proportion of employers with an insured pension scheme are opting for deferral or grandfathering in the transition to the new pension system.

In addition, MoneyView stated that of the 14 products studied, 12 now offer the possibility to voluntarily supplement the partner’s pension up to that maximum, one more than last year.

Developments are also visible in the voluntary supplementary orphan’s pension: eight products now allow this to be topped up to 20 per cent of salary, it found.

“Coverage for partner pensions has been significantly expanded under the Wtp. Whereas it used to be based on salary and years of service, it is now calculated as a percentage of salary, with a maximum of 50 per cent,” Moneyview stated.

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