Mission
As a company that manages pension schemes on behalf of its clients, Cordares performs a wide range of closely related services in the fields of pension management, asset management, IT and insurance. What sets us apart from our competitors is the way in which we balance commercial interests and social concerns. Our efforts are focused on meeting the demands of our customers - the employers whose pension schemes we manage - and the employees whose pensions we are responsible for. As a member of the Dutch pension family, Cordares is situated in a unique position to be fully informed about the ongoing developments within the pensions industry.
Strategy
We offer pension funds an ideal alternative to self-management at one end of the scale and outsourcing (to a bank or insurance company) at the other end of scale. Complex administrative operations are performed at an attractive price-quality ratio, as a series of benchmarking studies have consistently shown. Our ability to offer an integrated range of fully compatible products is another one of our unique strengths. Our strategy of future growth is based on these features. 'The Power to Perform' is the message here, not only in terms of the value of assets under management, but also in terms of the standard of service and cost-effectiveness.
Objectives
Cordares is focused on growth, which we achieve by signing new contracts with company and industry-wide pension funds. Other recent achievements include the signing of a new contract with 'exempt employers' (i.e. employers who are currently not participating in our sector-specific schemes, representing a further € 1.1 billion in assets under management) and a series of new investment mandates. This growth strategy will be continued.