Most recent columns

Dick Kamp & Bjorn Blom: Data quality as a foundation of reputation

Wed, 29 Jul 2026 08:12:55 +0200

_{This column was originally written in Dutch. This is an English translation.}

By Dick Kamp, Director of Pension Investment & Risk, and Bjorn Blom, Data Scientist, both at Milliman

With the introduction of the Future Pensions Act (Wtp), accurate data is more important than ever. Continuous monitoring and smart AI checks help pension funds maintain members’ trust.

Dick Kamp: The Wtp makes the board accountable for the system

Tue, 16 Jun 2026 09:46:11 +0200

_{This column was originally written in Dutch. This is an English translation.}

In my previous column, I wrote that the Wtp entails a new role for the board. What does this shift mean in practical terms for risk management, governance and supervision?

By Dick Kamp, Director of Pensions, Investment and Risk, Milliman Pensions

Dick Kamp: The Wtp requires a more differentiated and transparent approach to risk management

Tue, 16 Jun 2026 08:01:22 +0200

_{This column was originally written in Dutch. This is an English translation.}

By Dick Kamp, Director of Pensions, Investment and Risk, Milliman Pensions

The introduction of the Wtp compels pension funds to fundamentally reassess their risk management framework. In a two-part series, I examine the impact of the Wtp on risk management and governance. In this first part, I outline the contextual shift brought about by the Wtp, the key elements of the risk management framework, and the impact of the new legislation on that framework. I conclude with a discussion of the Own Risk Assessment (ERB) as a central instrument in this new context.

Dick Kamp: Why no pension fund can operate responsibly without scenario analyses

Tue, 24 Mar 2026 07:04:40 +0100

^{This column was originally written in Dutch. This is an English translation.}

By Dick Kamp, Director of Pensions, Investment and Risk, Milliman Pensions

Scenario analyses are an indispensable and structural steering instrument for pension fund boards under the Wtp, as they enable insight, agility, and accountability in achieving the pension ambition within the agreed risk budget.

Dick Kamp: Risk management and the end-of-history illusion

Tue, 24 Feb 2026 09:04:01 +0100

_{This column was originally written in Dutch. This is an English translation.}

By Dick Kamp, Director of Pensions, Investment and Risk, Milliman Pensions

We usually associate personal development with our younger years: studying, first jobs, discovering who you are and what you want. Yet growth does not stop after the age of thirty. How do people of other ages view their own development?