'Pensions are in danger due to corona virus'

The coverage ratio of Dutch pension funds, the previous month's steep fall, as a result of the outbreak of the corona virus. The average funding ratio was 6 pe

'Pensions are in danger due to corona virus'

The coverage ratio of Dutch pension funds, the previous month's steep fall, as a result of the outbreak of the corona virus. The average funding ratio was 6 percentage points down to 95%, due to losses in the stock markets and a fall in interest rates, according to figures published by research firm Aon.

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now, With a funding ratio below 100 percent would be millions and millions of Dutch people at the end of the year, you can get the discount at the end.

The coverage rates are given a blow by a poor month for global equity markets. Due to the outbreak of the corona virus duikelden in the stock markets around the world. Last week, the AEX-index is a little to 13 percent, the biggest loss since the height of the financial crisis in October 2008.

the panic in the stock markets retreated a lot of investors into more secure investments, by which the interest rate is further decreased. The lower the interest rate, the more money the pension funds in order to have it, so the funding ratio is even lower.

Date Of Update: 02 March 2020, 17:00
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