PhD student: Mrs J.G.E. van Leeuwen

Promotors: Mrs Prof K. Boele-Woelki, Prof I. Giesen

Duration: 1/9/2010 - 31/8/2013

Abstract:

This research is financed by Netspar through a 3-year \'PhD Student Project\' grant. It focuses on the question whether the prudent-person rule suffices as a guideline for pension funds when they decide on their investment policy concerning traditional and alternative investment categories, with an eye to the reward of (absolute and relative) rights of members and beneficiaries. What are the legal possibilities to further specify the prudent-person rule and what consequences will these possibilities have for pension fund governance, the pension fund board, and the supervisor? A legal comparison with the United States, United Kingdom and Switzerland is also part of this research.