| Gener@ties -
Annual report |
|
|
|
|
| Annual report available |
| Read our annual report to find out all about the developments in 2022. The high inflation rates and rising interest made 2022 a challenging year. The surge in interest rates plunged our investments deep into the red. However, it had little impact on the funding ratio. |
|
|
|
|
| "Given the circumstances, we’re quite happy with the Fund’s financial position" |
| — Frederieke Leene and Mike Pernot of the Board of Trustees — |
 |
|
| In our magazine Generaties, Frederieke Leene and Mike Pernot of the Board of Trustees looked back on 2022 and the first months of 2023. They talked about what issues the Board discussed and what topical developments it was forced to consider. “The new pension system of course was a recurring theme in every one of our decisions.” |
|
|
|
| How do you prefer to receive updates? |
| The new pension rules will affect your pension with Philips Pensioenfonds from midway through 2026. How would you like to be informed about this in the near future? Answer 3 questions and help us to meet your preferences! |
|
|
|
|
| Future Pensions Act: could my pension savings ever run out? |
| Do you want to know the answer to this question? And to other questions we receive from our participants about the new pension rules? On our website you will find answers and information, as far as we know. Because we don't know everything about the new law yet. In the coming period, it will be up to employers and trade unions and we will continue to work on the preparations. |
|
|
|
|
| Did you know? |
- Philips Pensioenfonds wants to provide a proper pension at the lowest possible cost.
- In 2022, the pension administration costs per member were €117 (2021: €112).
- In 2022, the asset management costs were 0.32% (2021: 0.27%) of the average invested assets.
- Despite the increase in 2022, Philips Pensioenfonds has relatively low costs compared to other pension funds of its size.
- You can read all about the pension fund’s various costs in section 2.8 of the annual report and on our website.
|
|
|
|
| What do you think of this newsletter? |
|
|
|
|
