news and press News a.s.r. takes minority interest in Appel Pensioenuitvoering B.V.
News Utrecht 01 October 2019 15:00 EU/Amsterdam

a.s.r. takes minority interest in Appel Pensioenuitvoering B.V.

ASR Nederland N.V. (a.s.r.) is taking a 30% minority interest in Appel Pensioenuitvoering B.V. (Appel). Appel is specialised in the administration of pension schemes and is known for its high-quality pension administration and very comprehensive assurance in the field of business processes, risk management and the protection of personal data.

Appel’s systems and processes are cost-efficient and well prepared to withstand all conceivable pension reforms. This has allowed Appel to make large steps in the past four years to considerably increase its turnover. Customers of Appel include pension funds as well as insurers, for which it operates DB and DC pension schemes. 

a.s.r. is taking a 30% equity interest in Appel and supports the ambition to play an active role in the changing pension market. With a.s.r. as shareholder, the continuity will be strengthened, allowing Appel to grow, without compromising on the quality and safety of its services.

Marja van Lubek-Koeman, director of Appel: ‘I am proud that a.s.r. is taking a stake in our company. For Appel, this is a sign of the trust the investors have in the culture and operations of the company. With our strengthened starting position, Appel’s excellent future prospects in the pension sector can be realised more quickly’.

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