Achmea, one of the largest suppliers of financial services in the Netherlands, agreed to acquire ABN AMRO Pensioeninstelling, a Premium Pension Institution firm, from ABN AMRO, a Dutch bank with headquarters in Amsterdam. Financial terms were not disclosed. "By taking this step, we are reinforcing our position in the rapidly growing DC market. Achmea offers a full range of financial solutions for private individuals, employers and institutional players via several business units (such as Centraal Beheer, Achmea Pensioenservices, Achmea Investment Management and Syntrus Achmea Real Estate & Finance). We’re delighted that we’re now also able to serve the employers’ market via a PPI," Bianca Tetteroo, Achmea Chair of Executive Board.