Stichting Pensioenfonds Ernst & Young

Stichting Pensioenfonds Ernst & Young

Stichting Pensioenfonds Ernst & Young served as the private pension fund for Dutch employees of Ernst & Young Nederland LLP. The fund's entire pension scheme was insured and administered by Aegon Levensverzekering N.V., a structure that meant all assets and liabilities already sat with Aegon before the fund's dissolution. The fund's investment portfolio included an indirect mixed-use real estate exposure in the Netherlands, alongside other general invested assets held within the insured arrangement. Because Aegon managed the underlying administration and insurance, the fund itself did not engage in direct external manager selection or co-investment activity in its final years. Chairman Hans van der Vlist and board member Marcel van Loo — the former Managing Partner of EY Netherlands — oversaw the fund's governance. The fund was a member of Pensioenfederatie, the Dutch Federation of Pension Funds. In June 2024, the fund executed a collective value transfer under Article 84 of the Dutch Pension Act (Pw), moving all pension rights and claims irrevocably to Aegon Levensverzekering N.V. The defining structural feature is that the fund no longer exists. It was dissolved immediately following the June 2024 transfer, halting all data processing and winding down its board. This makes Stichting Pensioenfonds Ernst & Young relevant only as a predecessor entity; its legacy obligations now reside entirely within Aegon's insurance book.