BeFrank targets all companies and pension funds with a group pension based on a defined contribution (DC) scheme. BeFrank is also suitable for companies and pension funds considering to switch over to a defined contribution pension scheme.
BeFrank is not exclusively for large corporations. Small and medium-sized businesses are also interested in BeFrank’s pension solutions. For this reason, BeFrank has reduced the participation threshold from 500 to 50 employees with effect from June 2011.
It is not yet possible to offer individual pension solutions at BeFrank. The law stipulates that all premium pension institutions (including BeFrank) may only serve employers and pension funds. You can ask your employer for more information about this.