The sustainable investor for a changing world

Sustainable Pension Investing in Belgium

The importance of a good income after retirement speaks for itself. Preparing a ‘good pension’ is different for every person.

BNP Paribas Asset Management offers three pension products, each with a different risk profile (Stability, Balanced and Growth). Investors can select the product that fits best to their age, knowledge, experience, goals and needs.

Why Pension Investing?

A carefree pension is everyone’s dream. If we look to today’s situation:

  • Average pension for each employee in Belgium: EUR 1312 net per month (source: Knack 01/2020)
  • Average pension date in Belgium in 2019: 65 year (source: Rijksdienst for pensions)
  • Average life expectancy Belgium population in 2019: 82 year (source: Statbel 7/2019)
  • Average cost retirement home in Belgium: EUR 59 per day/EUR 1770 per month (source: Agentschap Zorg & Gezondheid (01/2020)

Average pension in total: EUR 1312

Average costs retirement home: EUR 1770

This results into a pension gap of EUR 458

Why should young people consider to start investing for their pension now?

The world is changing as well as the pension landscape. Today people who retire receive a good monthly pension but changes are underway. Recently the age of retirement changed from 65 into 67 years. Legal pension conditions are under construction and the population is aging.

What will the future look like for young people when they are 65 years old?

  1. Saving-on-saving effect;
  2. Investors could choose their own ‘investment rhythm’
  3. Yearly fiscal advantage;
  4. Local sustainable impact.

Pension system in Belgium

The system is built on four pillars:

Pillar 1Legal pension
Pillar 2Additional by the employer
Pillar 3Personal savings with tax benefit (pension or long term savings)
Pillar 4Personal savings / investment without tax benefit

BNP Paribas B Pension Sustainable Range belongs to Pillar 3

  • Combines direct tax benefit and the perspective of a potential financial comfort at retirement age
  • Potential tax benefit of 25% or 30% per year

Investments needed to ensure that we can enjoy our old age

Featured solutions

Pension savings product offer at BNP Paribas Asset Management: BNP Paribas B Pension Sustainable

Three profiles

BNP Paribas B Pension Sustainable Stability

BNP Paribas B Pension Sustainable Balanced

BNP Paribas B Pension Sustainable Growth

The BNP Paribas B Pension Sustainable Range in a nutshell:

Multi-Asset productProfiled investmentActive asset allocation
Invested in the main asset classes (equities, bonds, cash), with a European focusSuitable for all investor profiles:
Stability (25-35% equities)
Balanced (45-55% equities)
Growth (65-75% equities)
Active management, limited by strong regulation following a “Quantamental” investment process
SustainabilityOptimisationMain investment characteristics
Full integration of ESG criteria
Strict exclusion policy towards Sustainability Label
Active management integrated into a portfolio construction tool able to incorporate constraintsMainly direct lines
Derivatives only for FX hedging
Max 20% non EUR exposure
Min 80% of equity part in Europe
Strong European small caps and Belgian biases

Some of the above guidelines are internal guidelines mentioned for information purposes only and may be subject to change without notice. Please refer to the Prospectus and KIID guidelines for further information. Source: BNP Paribas AM, 31/12/2020.

Sustainability – Febelfin

  • BNP Paribas B Pension Sustainable Range has successfully applied for the label, and received it on 7 November 2019. The label was renewed on 8 July 2022.
  • As a result, BNP Paribas B Pension was renamed BNP Paribas B Pension Sustainable in April 2020

Label awarded in Brussels on 08/07/2022 by the Central Labeling Agency and valid for one year. More information on the label, see Obtaining this label by the compartment does not mean that it meets your own sustainability objectives or that the label meets the requirements of future national or European rules. For more information on this subject, see

Why us?

BNP Paribas Asset Management is a recognized asset manager in Belgium in the pension investing area.

Our dedicated teams draw on our extensive research capabilities and investment expertise to offer an innovative range of pension products that target two key areas: sustainability and active asset allocation.

In line with our wider investment philosophy, all our pension products seek to deliver long-term sustainable investment returns.

Performance overview:

BNP Paribas B Pension Sustainable Stability

BNP Paribas B Pension Sustainable Balanced

BNP Paribas B Pension Sustainable Growth


Credit risk: risk of deterioration of an issuer’s signature or of its inability to honor its commitments (default), which could lead to a drop in the value of the bonds in which the product is invested.

Liquidity risk: results from the difficulty in selling a security at its fair value and within a reasonable period of time due to a lack of buyers.

Currency risk: results from the presence of assets denominated in currencies other than the reference currency.

Inflation risk: results from the fact that the returns on short-term investments do not evolve at the same rate as inflation, thus leading to a reduction in the purchasing power of investors.

BNP PARIBAS ASSET MANAGEMENT Belgium is a management company of investment funds and manager of alternative investment funds registered with the Financial Services and Markets Authority, incorporated as a ‘société anonyme/naamloze vennootschap’ and with registered office at Montagne du Parc 3, 1000 Brussels, Belgium.
This advertisement is issued by BNP PARIBAS ASSET MANAGEMENT Belgium. Investors considering subscribing for the financial instruments should read the most recent prospectus or Key Investor Information Document (KIID) available free of charge in French and Dutch from BNP Paribas Fortis S.A., Montagne du Parc 3, 1000 Brussels or on the website. Opinions included in this advertisement constitute the judgement of BNP PARIBAS ASSET MANAGEMENT Belgium at the time specified and may be subject to change without notice.
Investments are subject to market fluctuations and the risks inherent in investments in securities. The value of investments and the income they generate may go down as well as up and it is possible that investors will not recover their initial investment. There is no guarantee that the performance objective will be achieved.