International Comparison of Pension Fund Regulation

This study examines which short-term and long-term regulations for occupational pension funds are best at maintaining a healthy financial situation for the fund and provide the best results for the participants in terms of pension benefits. In this study, three supervisory frameworks are discussed: the Dutch, European and Canadian framework. To compare the effects of the Dutch and Canadian framework on the financial situation of the fund and the height of the benefits, a model has been developed in which a fictional pension fund develops over time under either a non-regulatory framework, the Dutch regulatory framework, or the Canadian regulatory framework. The results suggest that more or stricter regulations not necessarily lead to better results for the participants.