- Lumera has partnered with financial software specialists Yellowtail Conclusion, as it looks to expand its offering for pension funds and administrators in the Netherlands.

The partnership is intended to help expand the support available for pension funds and administrators when implementing the new Dutch Future Pensions Act (Wtp) pension scheme, which brings major change to the Netherlands pensions landscape. The two companies will remain independent while contributing their respective expertise to offer industry solutions, which combine and integrate Lumera’s core policy administration system with front-end functionality by Yellowtail, including pension portals and planners. “Joining forces with Yellowtail Conclusion lets us extend Lumera’s solutions with best-in-class pension portals and planners. By combining our strengths, we provide full support to pension funds and administrative organisations,” Lumera Netherlands managing director, Chris Melis, stated.

- Iceland's SL Pension Fund has decided to lower the non-indexed interest rates on fund member loans.

The board of directors decided that the rates would be cut by 0.5 per cent to 8.5 per cent as of 15 February 2025. The change applied to new non-indexed loans and those loans that will be subject to interest rate review in the near future.

- Denmark's P+ has announced plans to improve its digital solutions, in order to offer more proactive and relevant advice to P+ members.

The scheme is looking to improve member satisfaction through proactive and relevant advice, supported by digital solutions, identifying this as one of the objectives in its new strategy towards 2027. "We want to make it easy to be a member of P+, and therefore in the coming years we will focus, among other things, on strengthening the advisory service so that we can be more proactive and contact members when it is relevant to them," P+ member director, Lene Mortensen, stated. "At the same time, we will continue to expand the digital member universe so that it supports the advisory service and meets the members' needs for effective self-service solutions."

- Pensioenfonds PGB has entered into a three-year partnership with World Wildlife Fund (WWF), as it looks to give nature and biodiversity a greater place in its investments.

PGB noted that loss of biodiversity poses a direct threat not only to nature, but also to the economy, highlighting agriculture as one example of this. However, the partnership is expected to help contribute to a 'future-proof society', as PGB suggested that, by sharing professional knowledge, Pensioenfonds PGB and WWF-NL want to create more awareness in the financial sector, and contribute to a positive impact on nature.

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