DNB published in its Newsletter decisions regarding the transfer of pension plans, which are now to be submitted electronically to DNB using the Notification Form for Transfer Decision and Implementation Plan for Pension Funds. The template for the transfer decision has been finalized after consultation with the sector, incorporating feedback received.
The goal of this template is to provide both DNB and pension funds with a clear overview of all legally required elements for a transfer decision, streamlining the process for efficiency. The use of the template helps to prevent delays and the need for additional information requests from DNB, minimizing the risk of impacting the intended timelines of the funds.
The detailed new regulations surrounding transfer decisions require substantial effort from funds, and DNB aims to facilitate a smooth process through tools such as the template and the option for partial assessment. Funds with questions about their transfer notifications can seek assistance from their account supervisor. Additional information about the process can be found on the DNB website.