Dutch pension fun PGB has reassured savers that work on the Future Pensions Act will continue and their pensions would not be affected despite the government’s collapse.

The government in the Netherlands collapsed over disagreements on migration but, as the Future Pensions Act had already officially passed and implementation had begun, work on the pension reforms will continue as previously planned. A spokesperson for the Ministry of Social Affairs and Employment stated that while the cabinet was reluctant to develop new policies, it would keep working on the implementation of the pension reforms.

Hundreds of thousands of Swedish civil servants will need to confirm their occupational pension choices during the summer, Swedish pension company Skandia has stated.

During the spring, insurers for occupational pensions within ITP were procured, meaning that customers who want to keep an occupational pension solution that will no longer be eligible must confirm their choice. This applies to Skandia’s customers within ITP. If no new choice is made, consumers will be automatically moved to Alecta for future payments. According to Skandia, 165,000 civil servants have chosen an insurer that can no longer be chosen for these payments. They have the option of keeping their current choice but must then confirm it through a new active choice.

The UK’s Independent Governance Group (IGG) has announced the launch of a new office in Bristol.

The professional pension trustee and governance services provider said the new hub was opened in response to growing client demand and represented the first stage of its regional expansion. Eight team members will be based in dedicated offices in the centre of Bristol, including newly hired trustee director, Stuart Travers. The new office is located on the quayside in central Bristol, and the full suite of IGG’s capabilities will be available for new and existing clients across the region

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