Selection guidance

29 June 2023

With regards to both the legal obligations and NPF’s overarching mission, vision, and goals, will NPF offer guidance for making adequate choices to people who are reaching their entitlement for pension.  Given the distribution of incapacitated and inactive participants versus the people who already reap the benefits of their pension entitlements as well as the recently expressed trust in the fund, it does not seem balanced to make material investments for selection guidance. NPF will comply with the minimum standards as referred to by the open norm for selection guidance. NPF will provide an explanation of the various choices to be made. Herewith it is envisioned to prevent people from making choices with an undesirable or negative effect. Based on the actual demand for guidance, and in the light of the future developments, NPF will evaluate whether the offering of guidance is effective and sufficient for maintaining the level of trust in the fund.