1 October 2013
The 'prudent person rule' ten years later - a column by René Maatman
The European Pensions Directive entered into force on 23 September 2003. It stipulates that pension funds should implement an investment policy consistent with the 'prudent person rule'.
It is good to evaluate the 10-year-old prudent person rule, especially since initiatives have recently been announced to further include this rule in secondary legislation.
To read René Maatman’s column, please click here. This article is available in Dutch only.
Source: Ondernemingsrecht, issue 2013/93, published by Kluwer B.V.