PFA adjusts the investment risk in PFA Plus - PFA Invests

PFA is adjusting the gradual reduction of risk in PFA's investment profiles to the effect that your risk will be reduced as from a later date than is the case today. The automatic gradual reduction of risk as you approach retirement is made in order to optimise your investment mix so that we can maximise the amount you will have at your disposal in retirement.

In a world where people live longer and retire later, we now assess that our customers will generally get more money for retirement if we postpone the gradual reduction of their risk. Therefore, we will adjust our profiles so that the risk will be gradually reduced from a later date in order to increase your chance of a better return.

The risk will be gradually reduced to the same level as previously, but we will postpone the implementation of the reduction for 10 years. This means that the gradual reduction for profile C will begin at approximately age 55. In this way, our customers’ profiles will remain for more years with the original risk composition before we gradually reduce the risk as retirement approaches.

The adjustment of the gradual risk reduction will begin as from 1 January 2018. In order to protect our customers against disadvantages of the specific timing of the adjustment and in order to avoid affecting the financial markets inexpediently, the adjustment will be phased in gradually for existing customers during 2018. For some, it may mean that their risk will lie somewhere in-between the old and the new gradual risk reduction curve for a period of time.

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