Quarterly updates

Q3 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 Q3 2025 quarterly update on this page.

Funding ratio increased again

What you need to know
  • current funding ratio rose from 140.6% to 146.9%
  • policy funding ratio rose from 129.4% to 132.9%
  • what has the biggest impact on the funding ratio?

Interest rates continue to rise

What you need to know
  • interest rates rose from 2.76% to 2.90%
  • interest rates and pensions, how does that work?
  • what role did the ECB play?

Positive returns in the third quarter

What you need to know
  • the total return is 1.7%
  • which investments make the difference?
  • why do we invest for the long term?

Trade agreements and setbacks in the US

What you need to know
  • how are central banks outside the US reacting?
  • what is the cause of the political crisis in France?
  • what does a shutdown in the US entail?

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.