Do we need to know the day-to-day value of pension funds
Dick Sluimers is chairman at the Dutch pension fund services provider APG. Managing assets of €230 billion for various pension funds, APG is an important player in the pensions world.
In this article, Sluimers outlines his view that it is time to get away from the daily determination of the coverage ratio – a constant focus of attention for the media, politicians and regulators.
While he admits that it’s interesting to know the day-to-day value of a pension fund, he asks: ”But what is the relevance?”