Mission, vision and strategy

APF Pension Fund is responsible for administering the pension scheme for participants. We want to secure the best pension possible for you, both now and in the long term. Needless to say, we carefully weigh up the risks involved and critically consider the costs involved. It is important to us that you have a realistic expectation of your future pension value. So, clear and active communication is key.

How do we see the future?
While working hard to secure the best pension possible for participants, we are also forced to contend with the changes happening around us. We actively monitor developments in the market. An important development is the disappearance of many smaller pension funds.

Although we are a medium-sized fund, this situation has prompted us to reflect on our right to exist too. When doing so, we have considered the number of participants we have, our relationship with the employer and, of course, developments in legislation and regulations that affect our fund. We have concluded that our fund, in its current form, will sufficiently secure our right to exist for the future.

How will we accomplish this?
These are intense times for pension funds. We are being affected by the ongoing low rates of interest and fluctuating investment results too. High returns are not self-evident. We have also been confronted with more stringent legislation and regulations. For example, the imposition of limits on accrual rate, an increasing retirement age and the introduction of a maximum salary for pension accrual. Just a lower accrual rate is allowed for tax purposes.

These are all factors that put the group scheme under pressure. These developments have prompted the fund to explore the possibility of offering participants the opportunity to accrue the pensions they need with APF Pension Fund. Our ambition is to offer 1 central solution for retirement provisions.