a.s.r. introduces annuity investment-linked account for employees

This service is a variant of the previously launched Werknemersbeleggen. Both arrangements allow employees to invest independently via their employer but differ in terms of tax treatment and flexibility. With Werknemersbeleggen lijfrente, the retirement objective is secured: the capital falls under Box 1, is deductible within the fiscal annual allowance, and only becomes available on the chosen retirement date. In the event of death, the capital is passed on to the next of kin. Employee Investing, on the other hand, falls under Box 3, is freely accessible, and not tax-deductible.

With these services, a.s.r. offers a solution to challenges arising from the Future of Pensions Act (Wet toekomst pensioenen, Wtp), such as compensation for changes in pension schemes and the discontinuation of refunds upon death. They also respond to the growing need for flexible employment benefits, for example for employees who wish to retire earlier.

Folkert Pama, Director of Pensions at a.s.r.: ‘With Employee Investing, we already offered a flexible solution for employees to build up freely available capital for the future. Employee Pension Investing is a focussed addition to this: tax-efficient and with a clear pension purpose. It gives employers an extra tool to future-proof their employment benefits and remain attractive in a tight labour market.’

More information about Employee Pension Investing and Employee Investing can be found at asr.nl. Employers with questions or who wish to discuss options can contact their a.s.r. representative or reach out directly to a.s.r. Vooruit, the investment firm offering these services.