Intermediary - advice and management
Advice
In the Netherlands, employers must be assisted by an insurance intermediary if they want to take out a pension product. KWPS is qualified to do so, is completely independent of performers and never receives a commission. Our interest is the customer interest. We investigate which employment conditions are appropriate and only then look for a suitable insurance product. We do not only consider commercial administrators; voluntary affiliation to an industry-wide pension fund or a general pension fund is also possible.
Manage
The management of insurance established consists of administrative, management and control activities.
Administration can take a lot of time or pose risks for employers. KWPS can take over these activities from employers. Examples include the administration of special employment conditions such as early retirement arrangements or the pension insurance management activities listed below.
Management activities may be undesirable for employers due to a lack of time, a lack of familiarity with the matter or due to risk management. KWPS can play a role in this. Examples include registering new participants, reporting and administering new salaries, and the annual standard employee communication.
Audit activities clarify whether the premium deductions from the salary correspond to the payment to the insurer and whether the employees who have opted for voluntary modules have been covered. Audit procedures may show that incorrect deductions have been made and no or insufficient coverages have been reached.
Contacts:
Natasha Winter and Dirk de Wit