ABN AMRO MeesPierson: “Many directors of owner-managed businesses don't know what to do with their self-administered pension”
A large number of directors of owner-managed businesses are unsure what to do with their self-administered pension once the law changes. The new Dutch legislation for phasing out self-administered pension plans will likely come into effect on 1 April. Recently, ABN AMRO MeesPierson held a survey among over 400 owner-managed businesses. Of those who are currently accruing a pension in their private limited company, over a quarter has not yet made a decision. They would be well-advised to take timely action, to avoid unpleasant tax surprises. Indeed, they may even find themselves entitled to tax benefits.