With Strategy 2030, we are creating a future-proof APG. It outlines the direction for an organization that can continue to make the same impact in the new pension landscape as it does today. We do this by building on what we already do well and by making deliberate choices.
Why? Because we want to remain relevant in the renewed pension system as well: a leading pension administrator that provides high-quality services to pension funds and their participants at market-based prices. And an asset manager that, as an efficient pension investor, delivers sustainable and predictable value for ABP.
Our purpose therefore closely aligns with that of our largest client, ABP: Together building good pensions in a livable world.
Much is changing in the renewed pension system: funds are asking for more control, laws and regulations are becoming stricter, and competition is increasing. APG aims to significantly reduce execution costs and, as a result, the costs per participant for the funds. To achieve this, we are moving toward a faster, more efficient, and more decisive APG. When we manage our costs effectively and keep our prices low, this has a direct positive impact on the participants of our funds. To support this, we are investing, among other things, in automation, AI, and standardization.