Swedish pension company SEB Pension & Insurance has chosen Lumera to deliver a new policy administration platform.

Through an implementation project over the coming years, SEB will phase out legacy, primarily in-house, developed business applications, while migrating to the standardised Lumera Core platform. The key objective of the initiative for SEB is to enable streamlined business processes throughout the value chain while future-proofing its offering and IT architecture.

Pensioen PostNL in the Netherlands is planning to switch to the new pension system on 1 January 2026.

The pension fund has published its final transition plan, which contains all agreements about the structure of the new scheme. Under the Future Pensions Act, Dutch pension funds have until 1 January 2028 to transition to the new system, which will see schemes switch from a defined benefit-focused system to a defined contribution-focused one.

Dutch pension fund PFZW has invested in smart healthcare technology firm, Momo Medical.

Using smart technology, Momo Medical seeks to increase the care capacity of nursing homes. Partly through the investment made by PFZW, the number of residents that benefit from the use of the technology is expected to reach 30,000. PFZW said that investing in innovation in healthcare in the Netherlands was an “important goal” for the pension fund, with the aim of tackling challenges such as ageing and staff shortages.

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