Quarterly updates

Q1 2025

ING CDC Pensioenfonds is committed to giving accountability for its policies and investment results. After all, they could have an impact on your pension.

You’ll find the Q1 2025 quarterly update on this page.

Funding ratio rose in first quarter

What you need to know
  • current funding ratio rose from 122.9% to 132.4%
  • policy funding ratio declined from 129.8% to 129.3%
  • what has the biggest impact on the funding ratio?

Interest rates rose in the first quarter

What you need to know
  • will your pension increase in line with rising prices in 2025?
  • what is the impact of interest rates?
  • where can you find more information?

Pension fund closed the quarter with negative results

What you need to know
  • why do we invest for the long term?
  • what caused the return on investments to drop?
  • which investments performed well?

DeepSeek and trade tariffs dominated

What you need to know
  • what was the significance of the introduction of DeepSeek?
  • how did markets react to the trade tariffs?
  • how did Europe react?

This quarterly report has been carefully prepared. The final figures for 2025 will be published in the anual report. You cannot derive any rights from this report.