Austria’s VBV Group has reported a strong 2025 result, with total assets under management reaching €17.8bn by year-end.

The group, which is the Austrian market leader in occupational pensions and the Abfertigung NEU severance pay system, cited major new corporate mandates and solid investment returns as key drivers.

Within VBV-Pensionskasse, 80 new pension fund contracts were signed with corporate clients in 2025, including IBM Austria, described as the largest pension fund mandate won by VBV to date.

Meanwhile, more than 500 companies switched to VBV-Vorsorgekasse, with transfers expected to total around €100m.

VBV Group CEO, Andreas Zakostelsky, said the results further strengthened the provider’s market leadership in occupational supplementary pensions and severance provision, adding that clients benefited from “very good” outcomes in the 2025 financial year alongside consistently strong long-term performance.

As of 31 December 2025, VBV-Pensionskasse managed €9.75bn on behalf of more than 410,000 beneficiaries.

According to the fund, its investment and risk-sharing groups (VRGs) delivered returns ranging from 4 per cent for conservative strategies to 7 per cent for dynamic strategies. Equity allocations generated notable outperformance during the year, while bond and private debt portfolios provided stable results.

Furthermore, VBV-Vorsorgekasse increased its assets under management by more than 13 per cent in 2025 to €8.1bn and now covers over 3.3 million people under the Abfertigung NEU system.

The fund reported an annual return of 4.78 per cent (according to the OeKB methodology), placing it well above the industry average. The provider said 2025 marked one of its strongest investment years and the third consecutive year with returns of around 4 per cent or higher.

On a long-term basis, VBV-Vorsorgekasse reported net performance of 2.53 per cent, per annum, since the start of OeKB performance measurement in 2004 (to 30 September 2025), which it said was the highest among Austrian severance funds.

VBV also reported continued growth in digital engagement. Its ‘Meine VBV’ online platform surpassed 1.4 million users by the end of 2025, making it the largest online service in the sector, according to the group.

Since 2025, all applications for both pension and severance funds can be submitted and signed fully digitally, including via ID Austria. A separate employer platform, ‘VBV Business’, provides corporate clients with contract data and administrative tools.

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