Business Case

31 July, 2025

Implementation of a Contribution-Based Lifecycle Pension Plan for a multinational corporate

# Pension Investment

Context and challenges

2022

launch of DC plan

>4000

participants

>350m

overall assets
(DB & DC)

The client, a multinational corporation, sought a modern, contribution-based pension solution that addresses demographic changes.

They needed a solution that:

Offers employees flexible and secure retirement options while meeting the company’s regulatory and financial requirements.
Optimizes risk and return with flexible payout options (lump sum and scheduled drawdowns over 5 to 10 years).
Reflects employees’ retirement preferences via a lifecycle product.
Provides efficient, passive asset management.

Objective 1
Tailor made

A flexible investment solution best combining employee interests with those of the company

Objective 2
Efficient management

A passive implementation via ETFs to optimally meet client requirements.

Objective 3
Communication is key

The basis for a successful new launch is clear communication of an “easy to understand” and beneficial pension solution.

Image

Torten Isecke

Head of Corporate & Corporate Pensions, Amundi Deutschland

We built a lifecycle solution that was not only cost-effective to implement, but could also incorporate the client’s specific needs.

Torten Isecke, Head of Corporate & Corporate Pensions, Amundi Deutschland

Our approach and solution

Moving from DB to DC
Amundi started to manage the majority of the client’s defined benefit liabilities in 2020. In 2022, we worked together to launch a complete solution for the client’s defined contribution plan, with overall assets of EUR 350m.

Drawing on Amundi’s:

Expert pension teams
Strategic asset allocation capabilities, in particular lifecycle solution design
Wide range of passive investment solutions and money market funds

Together we implemented a contribution-based pension solution based on lifecycle models.

The solution features:

Contributions & investment strategies that are dynamically adjusted according to employees' age
A dedicated glidepath
A de-risking phase starting 12 years before retirement and ending 2 years prior to retirement.
Close collaboration to promote the solution, including jointly hosting a webinar, explaining the implementation of the pension plan to the company's employees

Amundi's responsibilities grew from being one of the pension fund's asset managers to taking on the role of advisor.

The highlights

> 90%

participation from clients’ employees

> 30m €

inflows per year

The bottom-line

A retirement plan designed for modern needs

This new pension solution combines flexibility and transparency.
It offers a future-proof retirement plan that reflects employees’ lifecycle and meets the demands of a modern company.

A unique solution: tax- and transaction efficient, offered through a segregated German special fund structure.

A retirement plan designed for modern needs

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Implementation of a Contribution-Based Lifecycle Pension Plan for a multinational corporate

Context and challenges

Objective 1 Tailor made

Objective 2 Efficient management

Objective 3 Communication is key

Torten Isecke

Our approach and solution

The highlights

The bottom-line

A retirement plan designed for modern needs

A retirement plan designed for modern needs

Find your own strategy

Responsible Investing Solutions

Equities

Emerging Markets

Fixed Income

Multi‑Asset

Alternative & Real Assets

Contact us

Find your own strategy

Explore Pension Funds

Building together a secure future for your members

Objective 1
Tailor made

Objective 2
Efficient management

Objective 3
Communication is key