European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
No Result
View All Result
Home < INDUSTRIES Financial

Achmea and ABN AMRO complete acquisition of ABN AMRO Pensioeninstelling NV

by Marie Weil
September 3, 2022
A A
Share on LinkedinShare on Twitter

Achmea and ABN AMRO have completed the acquisition of ABN AMRO PPI, which was announced in May. This means that the PPI is now part of Achmea. The transaction has been approved by the supervisory authorities and the works councils have issued positive advice. The 24 employees of the PPI will move to Achmea. The PPI will operate under the new name Centraal Beheer PPI.

This acquisition gives Achmea an entrance into the Premium Pension Institution (PPI) market and enables the financial services provider to respond to the opportunities offered by the Pension Agreement. Achmea’s ambition is to expand the PPI further over the next few years using Achmea’s comprehensive distribution network and by working closely with the professional pensions advisory market. The focus will be on employers who wish to offer their employees a defined contribution (DC) pension scheme. Under the new name Centraal Beheer PPI, services to existing customers will be continued and further optimised. In addition, Achmea expects to attract and retain new employers with its improved offer.

ABN AMRO PPI has been administering DC pension schemes since 2012 and as Centraal Beheer PPI currently has approximately 955 employers and approximately 190,000 members from the SME and major corporate markets as its clients. Assets under management total approximately €3.5 billion. The transaction is expected to deliver a modest book profit for ABN AMRO.

Tags: < Invest

Related Industries

Financial

Paysend and Visa Strengthen Their Strategic Collaboration to Help Transform Global Money Movement

September 15, 2023
Financial

ABN AMRO intends to appoint Ferdinand Vaandrager as Chief Financial Officer

September 6, 2023
Financial

Barclays appoints two new senior leaders into its Technology Investment Banking team

August 26, 2023
Financial

Barclays appoints Lee Counselman as a Managing Director in Technology Investment Banking

August 15, 2023
Financial

AXA accelerates the development of its Health strategy in Europe with the acquisition of Laya

August 4, 2023
Financial

Allianz to invest in Norwegian green ammonia production plants developer Fuella

July 28, 2023

Safran and Cuberg announce collaboration agreement on battery systems for advanced electric aviation

September 14, 2023

...

Air Liquide takes a further step in developing the hydrogen sector in France

September 15, 2023

...

Schneider Electric appoints Gwenaelle Avice-Huet as Executive Vice-President Europe Operations

September 8, 2023

...

BASF launches first biomass balance plastic additives

September 20, 2023

...

Hyundai strengthens Mocean Subscription service for further expansion across Europe

September 26, 2023

...

Cargill opens a new European Protein Innovation Hub to help customers bring their ideas to life

September 30, 2023

...

The BMW Group Selects AWS to Power Next-Generation Automated Driving Platform

September 6, 2023

...

Huawei and Ocean Research and Conservation Association (ORCA) Show How They Go About Protecting Ireland Marine Life

September 15, 2023

...

Amazon boosts European charging infrastructure planning with new technology

September 13, 2023

...

Kate Thomson appointed as bp interim chief financial officer

September 20, 2023

...

Asia Pacific Business Asia Pacific Business Asia Pacific Business

EUROPEAN BUSINESS is a premier source of corporate news, business information and insights across broad spectrum of industries in Europe and worldwide.  We are one of the members of the Business World Network.

RESOURCES

  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

CONTACT US

EDITORIAL:     editor # european-biz.com

PARTNERSHIP:     partnership # european-biz.com

HUMAN RESOURCE:     hr # european-biz.com

* (replace # with @)

  • Official Site

Copyright © EUROPEAN-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © EUROPEAN-BIZ.COM All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist