Until now, multinational companies have had to run separate pension plans in every country. Many companies even run multiple pension plans in the same country. This has made it difficult for companies to gain a clear overview of their pension assets and liabilities – and to take advantage of their international scale. By pooling their pension assets, multinational companies can improve their pension governance, better control their financial risk, increase their operational efficiency and obtain access to better investment solutions.
What is asset pooling?
Asset pooling is the collective management of assets in order to maximize the benefits to the users. Cross-border asset pooling allows companies with operations in different countries to pool their pension assets across borders.
A solution for companies of all sizes
Although several large multinational companies have already started to pool their pension assets, smaller and medium-sized multinationals have not been able to benefit from asset pooling in the same way. Our asset pooling solution has been designed for multinational companies that do not wish to set up their own platform or do not have sufficient size, expertise or resources to do so.
By using our asset pooling solution, companies are able to pool their pension assets from different countries, presently including the Netherlands, United Kingdom and France. In addition, the pooled assets are invested in award-winning multi-manager funds, providing access to best-of-class asset managers without having to select managers yourselves.
More information
Interested? Please read the brochure or contact AEGON Global Pensions.