Flexsecurity

Flexsecurity

Established to serve the Dutch temporary employment sector, Flexsecurity provides pension administration and asset management for workers employed by multiple staffing firms. Its primary sponsor is Randstad, the world's largest staffing company, but the fund also covers participants from subsidiaries and competitors including Tempo-Team and Sparq. The fund operates under the Dutch collective pension framework, offering a defined-contribution plan tailored to employees with non-standard career paths. Flexsecurity's investment strategy is executed through external asset managers, reflecting a typical Dutch industry-wide pension fund structure. The portfolio spans global fixed income, developed-market equities, and real estate, with an allocation aligned to a lifecycle approach that adjusts risk as members age. Confirmed service providers include Achmea Investment Management for fiduciary management and asset allocation, while the fund participates in the general Dutch pension system's emphasis on inflation-linked liabilities and long-duration matching. The fund covers several thousand active participants and pensioners across the staffing firms it represents, though exact membership figures are not publicly detailed. Its administrative office is in Heerlen, with operations managed through a dedicated executive office and oversight from a board that includes employer and employee representatives. Flexsecurity communicates primarily through a digital portal providing pension statements and retirement planning tools to members. Flexsecurity's structure as a sector-wide pension fund distinguishes it from single-employer schemes. It aggregates contributions from multiple competing staffing agencies under one vehicle, which creates a diversified risk pool and reduces per-member administrative costs. The governance model includes parity-based board representation, ensuring both the temporary employment sector's employers and unions share in fiduciary oversight of the collective capital.