'Heartbreaking Situations' Due to Lack of Clarity Regarding Survivor's Pension, Says AFM

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The death of a partner or parent is tragic enough, but if, as a surviving relative, you only discover afterwards that you are not entitled to the pension, this results in "distressing situations." The financial supervisor, the Authority for the Financial Markets (AFM), therefore wants pension providers to inform participants more actively about the survivor's pension. The AFM notes that there are "a number of situations in which participants, w…

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Pension providers must make a greater effort to prevent surviving dependents from unknowingly being uncovered upon the death of a partner, according to the Dutch Authority for the Financial Markets (AFM). The regulator still observes shortcomings too often in the provision of information regarding survivor's pensions.

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AMSTERDAM (ANP) - Pension providers must make a greater effort to prevent surviving dependents from unknowingly being uncovered upon the death of a partner, according to the Dutch Authority for the Financial Markets (AFM). The regulator still sees shortcomings too often in the provision of information regarding surviving dependents...