Terms and Conditions

1. Essence of Collaboration.

Employers, employees, the self-employed (ZZP'ers), and director-majority shareholders (DGAs) can achieve pension accrual through Vive through an investment account.

1.1 Vive offers an investment option only. Participation is voluntary.

2. Participation and Responsibilities.

2.1 Employees‍

Employer offers its employees the opportunity to accrue tax-deferred pensions through Vive.

2.1.1 The employer may contribute to the cost while the employee is employed.

2.1.2 Employees are fully responsible for their own investment choices.

2.2 ZZPs/DGAs‍

Self-employed individuals and director-major shareholders can also build up a pension through an investment account with Vive.  

2.2.1 The self-employed person is fully responsible for their own investment choices.

2.2.2 The self-employed person shall bear the costs himself, unless otherwise agreed.

3. Agreement and Services.

3.1 Vive Invest provides investment services on an individual basis to employees of the employer as well as self-employed persons and DMSs.

3.2 Employer takes care of any contributions to the investment costs of employees. For self-employed persons and DGAs, they bear the costs themselves unless otherwise agreed in writing.

3.3 Vive Invest reserves the right not to enter into or terminate a client relationship if legal obligations regarding client due diligence (Wwft) cannot be met.

4. Privacy and Data Protection

The parties undertake to comply with the General Data Protection Regulation (AVG), with personal data being processed solely for the performance of the agreement and in line with applicable privacy laws. More information: Vive Privacy and Cookie Policy.

5. Duration and Termination.

5.1 The Agreement is for an indefinite period of time and may be terminated by either party by giving [number of] months' written notice.

5.2 The termination of this agreement shall not affect existing individual agreements between Vive Invest and the employees, self-employed persons, or DGAs.