BeFrank’s product is simple and offers choices that add value. The employer decides on the general shape that the pension scheme will take for employees, including the extent of investment freedom and what funds can be invested in.
The employer decides in consultation with you the extent of the freedom that employees will have in their investment choices. There are three possible options:
Employees save towards their pension within the neutral lifecycle.
Apart from the neutral lifecycle, employees are also free to choose the defensive or the offensive lifecycle. They can do this by answering a number of questions on their personal pension page. The responses determine their risk profile. We advise them to choose the lifecycle that matches their risk profile.
If the employer chooses this option, employees may choose one of the three lifecycles (offensive, neutral, defensive), or they may choose to manage their pension savings themselves.
The employer decides whether the investments are actively or passively managed. There is a choice between active or passive management. Active management means that the lifecycles are made up of mixed funds of Delta Lloyd Asset Management. Passive management means that the lifecycles are made up of the index trackers of ThinkCapital.
