Netherlands: Delta Lloyd reduces administration costs for Pensioenstabilisator

Delta Lloyd is lowering the administration costs for Pensioenstabilisator from 0.8% to 0.65%, a reduction of almost 20%. This cost benefit is to the advantage of participants.

Delta Lloyd is lowering the administration costs for Pensioenstabilisator from 0.8% to 0.65%, a reduction of almost 20%. This cost benefit is to the advantage of participants. This reduction applies both to participants in new pension contracts and to participants in existing pension contracts.

Delta Lloyd provides the Pensioenstabilisator as part of the Personal Pension Plan pension product. With the Pensioenstabilisator the interest rate risk at the point of purchase of a pension plan is considerably limited, in order that the participant has greater security in terms of his future pension pay-outs. The Pensioenstabilisator is a key component of Delta Lloyd Life Cycles. Within all life cycles, after a specific period of time the participant gradually transfers to the Pensioenstabilisator.

Further information can be found at www.ddd.nl and www.deltalloyd.nl/.

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Further information:
Marijke Peijnenburg                                                                   
Spokesperson for Delta Lloyd Insurance                          
Telephone: (020) 594 29 39
E-mail: pers@deltalloyd.nl