Your pension at SPIN is invested. We pursue a solid, well thought-out investment policy and do our utmost to arrange this with all due attention. In doing so, we have an eye for the environment, fellow human beings and social issues. We work carefully to achieve a good and responsible return. We take no more risk than necessary. Risk management is our priority.
Would you like to read more about this? Then look here.
Investing in a defined contribution (DC) plan
In a DC plan, you have your own pension pot in which your pension capital is invested for you by us. Here you bear the investment risk. In My SPIN we explain how that works and how you can use your investment profile to influence the way we invest for you and how that can affect the expected level of your pension capital before and after retirement. You can also influence the amount of your pension capital by making additional investments.
You can track the status of your pension capital online through Balance DC Capital.
You can find the returns of different investment profiles for different ages here.
Investing in a DB (Defined Benefit) plan.
In the DB scheme, SPIN must ensure that there is always enough money to continue paying pension benefits now and in the future. That’s why SPIN bears the investment risk.
To achieve that, we spread our investments well. We choose different types of investments, each contributing in its own way:
- Stocks – These can yield a lot, but also fluctuate greatly in value.
- Bonds – These actually provide more peace of mind and are often aligned with promised pensions.
- Alternative investments – Such as private equity or hedge funds, for additional risk diversification.
Because we are responsible for fulfilling all pension promises, strict risk management rules apply. For example, we do ALM studies (which calculate long-term scenarios), hedge interest rate risks and closely monitor funding levels.
Our “Statement of Investment Principles” tells you in detail how we deal with investment and risk. You will find this statement with the fund documents.
Differences between DB and DC
Just a quick note on the differences between investing for DB and for DC.
