In 2020, households had 386,819 accounts of pension savings in the drawdown phase with banks based in the Netherlands. This is an increase of around 64,000 accounts compared to the previous year, and many times larger than the 8,967 accounts recorded in 2008.
Number of accounts of pension savings in the drawdown phase of households with Dutch banks from 2008 to 2020
The source states 'bank savings products were introduced in January 2008 to facilitate tax-efficient savings. A bank saving product may take the form of a non-accessible account with a bank (savings products) or an investment right with an investment fund manager (investment products). The institution bears the risk for savings products, while in the case of investment products the policyholders bear the risk.'
In the numbers provided, the bank is the one who bears the risk.
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DNB. (May 7, 2021). Number of accounts of pension savings in the drawdown phase of households with Dutch banks from 2008 to 2020 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/590137/netherlands-number-of-accounts-of-pension-savings-in-the-drawdown-phase-of-households-with-dutch-banks/
DNB. "Number of accounts of pension savings in the drawdown phase of households with Dutch banks from 2008 to 2020." Chart. May 7, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/590137/netherlands-number-of-accounts-of-pension-savings-in-the-drawdown-phase-of-households-with-dutch-banks/
DNB. (2021). Number of accounts of pension savings in the drawdown phase of households with Dutch banks from 2008 to 2020. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/590137/netherlands-number-of-accounts-of-pension-savings-in-the-drawdown-phase-of-households-with-dutch-banks/
DNB. "Number of Accounts of Pension Savings in The Drawdown Phase of Households with Dutch Banks from 2008 to 2020." Statista, Statista Inc., 7 May 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/590137/netherlands-number-of-accounts-of-pension-savings-in-the-drawdown-phase-of-households-with-dutch-banks/
DNB, Number of accounts of pension savings in the drawdown phase of households with Dutch banks from 2008 to 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/590137/netherlands-number-of-accounts-of-pension-savings-in-the-drawdown-phase-of-households-with-dutch-banks/ (last visited November 10, 2024)
Number of accounts of pension savings in the drawdown phase of households with Dutch banks from 2008 to 2020 [Graph], DNB, May 7, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/590137/netherlands-number-of-accounts-of-pension-savings-in-the-drawdown-phase-of-households-with-dutch-banks/