NETHERLANDS – The newly established corporate pension fund for Dutch customer relationship management firm SNT has appointed TKP Pensioen as its administrator.

The new defined contribution pension scheme came into effect on January 1 2003 for the provision of its 6,500 workers. The SNT fund is currently building its assets, but has contracted out the operation of the administration, asset management and consultancy to the board of trustees to TKP Pensioen.

TKP Pensioen was acquired by Aegon NV in November last year, and acts as a manager of pension schemes for pension funds, and offers services such as pension administration, asset management and the consultancy to the board of trustees.

TKP is currently employed by seven pension funds, including TPG, the Dutch postal service fund, and KPN, the Dutch telecoms fund, and is responsible for around six billion euros in pension fund assets.

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