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APG buys 40% stake in financial advisor - Vimarsana News

APG buys 40% stake in financial advisor

By Frank van Alphen2021-01-29T15:10:00+00:00 The Netherlands’ largest pension administrator, APG, has acquired a 40% interest in Prikkl, a firm that advises employees on their financial situation. APG wants to use Prikkl to advise members of its pension fund clients on choices they have to make in the new defined contribution (DC)-based pension system which will come into force by 2026. Prikkl, which was founded in 2017, should fill this void for APG. The company, which employs 10 people, has already completed assignments for APG and its main client, civil service scheme ABP. Among other ...

Source: ipe.com