A word from our CEO
In this edition of Lumera's newsletter, we share some exciting updates on the latest industry developments, along with highlights of recent events and advancements from our customers.
We are happy to announce the expansion of our partnership with Nordnet, marking a significant step into the Finnish insurance savings market. This collaboration, now extending to four Nordic countries, testifies to the flexibility of our platform as well as our commitment to lasting business relationships.
In the UK, we are embracing an ecosystem approach in the group risk insurance market. Recognizing the importance of technology to support an industry ecosystem, we are positioning Lumera to offer future-proof operating models that combine efficiency with competitive growth.
In Sweden, we are extending our collaboration with Future Core Cloud by delivering a cloud-based policy administration solution to SH Pension. This project demonstrates the power of Lumera's partner strategy, inspiring and paving the way for future initiatives.
There is some exciting news about our offering too, as the Lumera Dashboard has been enhanced with new widgets, designed to support distinct user needs. This development is part of our ongoing efforts to provide a superior user experience and facilitate our customers’ operational success.
Lastly, we are closely monitoring the transition in the Netherlands from Defined Benefit to Defined Contribution schemes in workplace pensions. This significant shift presents unique challenges and opportunities, and we are committed to supporting our customers through this transformation.
Lumera would like to thank you for the confidence you have shown in us this past year. We extend our very best wishes for a wonderful holiday season and a prosperous new year.
The challenge of maintaining a FTK DB administration after the transition
The Dutch pension industry is undergoing a pivotal shift with the transition from Defined Benefit (DB) to Defined Contribution (DC) schemes, as mandated by the Future of Pensions Act (WTP). This change is reshaping pension