Union Mutualiste Retraite

What Union Mutualiste Retraite does

UMR (Union Mutualiste Retraite) is a French retirement savings specialist structured as a Société anonyme à Conseil d'administration et à mission, founded in 2017 and headquartered in Nantes at 12 Rue de Cornulier. It operates as a wholly-owned subsidiary of Groupe VYV, France's leading mutualist health and social protection group covering more than 10.3 million protected individuals and 48,000 employees, and is regulated by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) under the Code des assurances. UMR's product core is built around the post-PACTE PER (Plan d'Épargne Retraite) framework: PER Périve, a multi-support contract combining a guaranteed euro fund with diversified unit-linked investments, and PER Corem, the historical point-based product where contributions convert into points that guarantee a monthly lifetime annuity at retirement. Complementary responsible-investment vehicles include the Brocéliande forestry fund and the Coremimmo real-estate component, with OGIMI launched in May 2026 with €350 million committed to address aging-population challenges.

UMR distributes through direct digital sales (website umr-retraite.fr, member portal 'Mon espace personnel'), a network of 50+ distributor partners including Harmonie Mutuelle, telephone-based inside sales, and an event-based layer centred on the 'Soirées de l'épargne retraite' held across French cities. The customer base comprises 365,000+ individual members (adhérents) segmented across public sector employees, private sector workers, self-employed professionals, and women, with a specific mission-driven emphasis on closing the gender retirement gap. Revenue is generated through frais de gestion (management fees) on PER Périve and Corem, recurring subscription-style streams on accumulating retirement savings; specific fee tiers are not publicly disclosed and are quote-based via advisors and distributors.

At scale, UMR manages approximately €10.9 billion in assets, with the company's website footer citing €9.3 billion managed solely for the benefit of members and a historical 2021 market-value figure of €11.5 billion. The company employs 51–100 people and has accumulated 2025 recognitions including Label Excellence, Meilleurs PER (Challenges), IPE Real Assets Best Investor (Indirect Investment), and Grands Prix de l'Education financière, alongside a 4% net 2025 euro-fund return on Périve and 90.6% ESG-rated assets as of 2022.

Name

Union Mutualiste Retraite

Legal name

UMR, Société anonyme à Conseil d'administration et à mission

Website

https://umr-retraite.fr

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

UMR (Union Mutualiste Retraite) is a French, ACPR-regulated retirement savings specialist offering PER products (Périve, Corem) plus responsible investment vehicles. A subsidiary of Groupe VYV, it manages roughly €10.9 billion for 365,000+ individual members via direct, partner and event channels.

Ownership category

akta.pro rank

Product category

Supplementary Retirement Savings (PER)

NAICS

Insurance and Employee Benefit Funds (5251), Portfolio Management and Investment Advice (523940), Pension Funds (52511)

SIC

Investment Advice (6282), Life Insurance (6311)

akta.pro primary industry

Retirement & Pension Planning (401(k)/IRA) (FSAEAAAD)

akta.pro secondary industries

Annuity & Insurance-Based Retirement Solutions Advisory (FSAEABAH), Retirement Income Planning & Decumulation Advisory (FSAEABAD), Variable Annuities (VA) (FSAIACAC)

Keywords

• Retirement savings plans
• Supplementary pension products
• PER individual savings
• Mutual insurance savings
• Lifetime annuity conversion

Headquarters

HQ city

Nantes

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. PER Management Fees: UMR generates revenue through management fees on its Plan Epargne Retraite (PER) products, including PER Périvie (multi-support) and PER Corem (point-based system). These are subscription-based recurring revenue streams from pension savings accumulation.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Union Mutualiste Retraite designs, markets and manages individual supplementary retirement savings contracts for French savers, centered on PER (Plan d'Épargne Retraite) products. Its portfolio includes PER Périvie, a multi-support plan combining euro funds and unit-linked vehicles, and PER Corem, a point-based contributory plan convertible into a lifetime annuity, with supporting offers such as unit-linked vehicles (Fonds Brocéliande) and the SCPI Coremimmo for real-estate exposure.

Product overview

UMR offers a portfolio of supplementary retirement savings products centered on two main PER (Plan d'Épargne Retraite) offerings: PER Périvie as a multi-support plan combining a guaranteed euro fund with diversified unit of accounts for flexible management, and PER Corem as a point-based system providing guaranteed lifetime income. These core products are complemented by specialized investment funds including the forestry-focused Fonds Brocéliande and Coremimmo real estate investments, as well as digital engagement tools such as the Happy Days, Moments de vie, and PER Individuel simulators. The product range is distributed through the Group VYV mutualist network and targets both public and private sector employees as well as independent workers.

Differentiator

Problem solved

Functional benefit

Brands

• PER Périvie: Multi-support retirement savings plan (PER Multisupports) offering both euro funds with guaranteed capital and unit-linked investments. Features flexible contributions and diversified investment options.
• PER Corem
• OGIMI
• Fonds Brocéliande
• Coremimmo

Products and services

• PER Périvie

Quantifiable outcome

• 4% net return on Perivie euro fund for 2025, ranking among top PER performers
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered major and core.

• Placement-direct Retraite ISRmajorChannel Partner/ Reseller/ Distributor · 18 November 2025UMR launched the Brocéliande fund exclusively distributed through Placement-direct Retraite ISR as a unit-linked investment option, with reduced subscription fees (0% instead of 4%) until December 31, 2025.
• AdwisecoreStrategic or Co-development Partner · 1 January 2025Adwise is UMR's research partner conducting annual studies on French retirement savings behavior. Studies include 'Les Français et l'épargne retraite' (October 2025, 2,000 respondents) and 'Les femmes et la retraite' (March 2025, 1,000 women respondents).
• Groupe VYVcoreStrategic or Co-development PartnerUMR is a subsidiary of Groupe VYV, the leading mutualist health and social protection group in France. Groupe VYV comprises insurance (Harmonie Mutuelle, MGEN, MMG, MNT), care and support services (VYV 3), and housing (Groupe Arcade-VYV). UMR operates within the group's 'Epargne retraite' (retirement savings) pillar, benefiting from the group's 10.3 million+ protected individuals and 48,000 employees.
• Harmonie MutuellemajorChannel Partner/ Reseller/ DistributorHarmonie Mutuelle distributes UMR's PER Individuel product. As part of the Groupe VYV ecosystem, this partnership enables cross-selling to Harmonie Mutuelle's member base.
• Distributor Partner Network (50+ partners)majorChannel Partner/ Reseller/ DistributorUMR works with over 50 distribution partners including insurance agents, financial advisors, and financial management companies who distribute UMR's PER products. Partners have access to a dedicated portal (Espace Distributeurs).

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• CNP Assurances: France's leading personal insurance company (life insurance, retirement, credit insurance), now part of La Banque Postale group. Comparable to UMR as a French life/annuity and retirement savings provider with multi-support PER products, but at substantially larger scale and broader portfolio.
• Crédit Agricole Assurances: Insurance arm of Crédit Agricole group offering life insurance, retirement, and death & disability products distributed via the Crédit Agricole regional bank network. Comparable to UMR as a large French PER provider but with bancassurance distribution scale that UMR lacks.
• AXA France: French arm of global insurer AXA offering life insurance, PER, and retirement savings products. Comparable to UMR as a major French PER and life insurance provider, though operating with broader scale and a multi-channel bancassurance and advisor distribution model.
• Suravenir: Life insurance and retirement savings subsidiary of Crédit Mutuel Arkéa, distributing PER and multi-support contracts through partner networks. Comparable to UMR in product structure (multi-support PER, unit-linked and euro funds) and partner-channel distribution, though anchored in Crédit Mutuel's banking network.

Regional players

• MACIF: Major French mutualist insurer offering life insurance and retirement savings products to individual members. Comparable to UMR as a French mutualist insurance provider with savings/retirement offerings, though MACIF's portfolio spans a broader range of insurance products beyond retirement.
• Groupama: French mutualist insurance group offering life insurance, retirement savings (PER, Perp), and broader personal/commercial insurance. Comparable to UMR as a French mutualist retirement savings provider, with similar sociétal positioning but a much broader product and regional footprint.

Direct peers

• AG2R La Mondiale: One of France's largest mutualist insurance groups offering individual and collective retirement savings (PER, Madelin, PEE) alongside health and prévoyance. Directly comparable to UMR as a French mutualist retirement savings provider serving individuals and corporates, with a similarly broad multi-support product range.
• Malakoff Humanis: Major French mutualist group providing retirement, health, and prévoyance solutions. Comparable to UMR as a French mutualist retirement savings provider serving individuals and enterprises with PER and complementary pension products.
• Klesia: French mutualist group specialized in retirement, health, and prévoyance for employees and executives. Directly comparable to UMR as a mutualist retirement savings provider with PER offerings and a focus on group/individual retirement preparation.
• Spirica: French life insurer specializing in individual retirement and savings products (PER, multi-support contracts) distributed via partner brokers and IFAs. Comparable to UMR as a specialist French PER insurer with multi-support architecture and distributor-led sales.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@umrretraite8014
• LinkedInlinkedin.com/company/union-mutualiste-retraite-umr
• Xx.com/jeanneaueric

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Union Mutualiste Retraite