The StiPP annual report 2024 has been published
The annual report for the year 2024 has been published! It contains our highlights from 2024 and an explanation of the financial results of our fund. We would like to thank everyone who contributed to the implementation of our pension scheme last year.
Financial results
In 2024, we achieved an average investment return of 9.2%. The funding ratio increased slightly and amounted to 112.9%. Asset management costs, expressed as a percentage of average invested assets, amounted to 0.26%. And the average implementation costs per participant were € 13.14 (a decrease of 8.8% compared to last year). This makes us one of the most efficient pension administrators in the Netherlands.
In 2024, the total number of participants grew by almost 170,000. In the Plus scheme, the total number of participants increased sharply, partly because the age of entry was lowered from 21 to 18 years as of 1 January 2024. The effect of the expiry of the waiting period as of 1 July 2023 is also reflected in the development of the Plus scheme.
Positioning and visual identity
In 2024, the board continued to work on strengthening the strategic positioning and visual identity of our fund. Because our participants are often active with us for a relatively short time, it is all the more important that StiPP is easy to find, recognizable and accessible to all (former) participants.
Sustainable investing
In 2024, we took further steps to make our investments more sustainable. Among other things, by limiting equity investments in emerging markets to investment funds with higher ambitions for sustainability. This gives substance to one of our spearheads in the field of socially responsible investment: health and well-being. In the coming years, we will further develop our policy for making the investment portfolio more sustainable.
Towards a new pension scheme
In 2024, we will have further developed the new pension scheme with the social partners. And at the end of the year, we formally accepted the assignment to implement this new regulation. The implementation and communication plan has been submitted to the Dutch Central Bank and the Netherlands Authority for the Financial Markets. In 2025, we will take the next steps necessary to introduce the new scheme from 1 January 2026.
Curious about the most important results? These facts and figures are listed for you below. Read the annual report for 2024 (in Dutch) here .
