Dutch bank, Rabobank, and the €103 billion Dutch pension provider, PGGM, will set up a joint project focusing on pensions, IPE reports. As per the agreement, the companies will jointly develop a website showing PGGM members their accrued pension rights, which is expected to be operational in the last quarter of 2011. Rabobank will provide advice through its network of local branches.PGGM members can also consult about other financial commitments, such as mortgages, with Rabobank advisers about their financial planning. PGGM seeks to offer its members insight into their personal pension status, while Rabobank seeks to offer financial advice in case of a possible shortfall.
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