Position Paper Explanatory note FTT

​In June 2012, the Federation of Dutch Pension Funds responded to a so-called “explanatory note” published by the European Commission in May in connection to the planned FTT. In this note, the European Commission provided its view of the impact the FTT will have on pension funds.

Position paper

​The Federation of Dutch Pension Funds cannot subscribe to the findings of the “explanatory note”. A Financial Transaction Tax will result in less appropriate investment strategies and higher costs for pension funds. For participants this means lower pensions or greater risk.

To the position paper: Position Paper Explanatory note FTT.

*In cooperation with the Federation of Dutch Pension Funds

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