If the number of corporate pension funds in the Netherlands was reduced from 600 to around 100, it would be easier to find enough expert managers to run them, Joanne Kellerman, head of pension fund supervision at the central bank, told a tv show on Sunday.

In addition, there should be better individual assessment of fund managers and better provision of information, Kellerman said.
But workers should also take steps to improve their financial acumen, she said. ‘It is a pity that so many people don’t take the trouble to familiarise themselves [with their pensions]’ Nos tv quoted her as saying.
Research by the financial services regulator AFM showed that a large majority of people expect their pension to be equal to 70% of their last earned salary but most people will get less, the Nos pointed out.