Debates are taking place in the European Union about a so-called Financial Transaction Tax. Europe wants there to be more regulation of the financial sector to enhance the degree of transparency, supervision and stability.
However, the downside of this additional regulation is that it will substantially increase costs. It is highly likely that this will impact on pension funds significantly, and ultimately the pension fund participants.To the position paper: Position Paper Financial Transaction.
*In cooperation with the Federation of Dutch Pension Funds