This is what you should expect:
Need to read all product specifications and terms again? Take a look below ↓
Before we can welcome you as a member, we need a few things from you. We are required as a financial institution to ask this:
Here's what you need to know: like the ground rules of building a pension with tax benefits, our terms and conditions, and investment fees.
Your retirement account is tax-advantaged
When you put money into your retirement account, you get back the tax paid on your deposit. You pay that tax later, when you retire. You don't pay capital gains tax on your pension pot.
With a maximum and your money is fixed
There is a maximum to that tax benefit. Called: annual allowance. You can't touch your pension pot before you retire. Unless you become long-term disabled.
Your investment account is freely withdrawable
You can use the investment account for purposes other than retirement. You can freely withdraw the money in this account each month.
No tax benefit on investment account
On your investment account, you do not receive a tax benefit. Your deposit is not deductible and counts toward your assets in Box 3 (wealth tax).
We invest your money
The target return of the neutral fund is 6% and of the defensive fund is 3.5%. In our view, this is achievable and realistic, but not guaranteed. After all, past returns are no guarantee for the future.
Investing involves risk
The value of investments can rise and fall. We mitigate risk by spreading widely, rebalancing monthly and investing through a lifecycle. But you still face investment risks.
Your retirement account is and remains yours
If you stop working or change jobs, your retirement account simply moves with you. This account is in your name and remains yours.
Retire elsewhere? Then take an insertion break
Has your new employer made other arrangements or for some other reason you can no longer make contributions? Then you can take a deposit break, if your assets are under €50,000.
Membership and application fees are paid by your employer. We invest your assets at cost.
If you stop working or change jobs, your retirement account simply moves with you. You can choose at that time what you want to do with the membership (put it on pause or continue and pay for it yourself).
Entry fee: 0.07% for each deposit
Ongoing fund fees defensive: 0.11% in 2023
Ongoing fund charges neutral: 0.17% in 2023
Exit fee: 0.05% for each withdrawal
