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BNP Paribas Investment Partners


BNP Paribas Investment Partners celebrates partnership

By sounding the gong at the Amsterdam Exchange, BNP Paribas Investment Partners celebrates its partnership with the recently established Dutch pension fund for the dairy sector and related industries (BPF Zuivel).

Early in 2015, a dozen dairies, together with dairy sector unions, set up this pension fund. This is noteworthy because the number of Dutch (sector) pension funds has been declining for years. Many of these funds are migrating to an insurer or a larger pension fund because of high costs or stricter legislation.

With this new pension fund, employers and unions in the dairy industry are opting for a uniform and contemporary pension which employers and employees can afford and which is future-proof.

Almost 100 years after establishing the first Dutch sector pension fund in Leeuwarden, for employees in parts of the dairy industry, this new fund shows that the interests of employers and employees can be well-aligned.

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