Denmark’s mature DC-focused occupational pension system is managed by some of the world’s most sophisticated institutional investors, including PFA, Danica and Pension Danmark. ATP is a state entity that manages a portion of the labour-market system. Recent regulatory developments have included revision of prudent-person rules for the guaranteed part of the pension system, along with rule changes that exempt pension funds and insurance from rules aimed at the banking sector.
Danish schemes embrace defence – as long as ESG criteria and international conventions are adhered to
Pension fund/entity | Assets (€’000)
©IPE Research; View the Top 1000 European Pensions Funds 2024 for a comprehensive market overview
PenSam cites higher regulatory requirements for banking and ‘modest synergies’ with core pension business as reasons for sale to Arbejdernes Landsbank
Danish watchdog warns pension sector to continuously monitor all products, including old ones not covered by 2018 rules
Each pension fund pledges to invest over DKK100m as part of collective bid project ‘too good not to join’
Danish pension fund acknowledges official orders to correct procedures in three areas
Lars Larsen Group buys stake in IIP after Danish pension fund manager spent time searching for right partner
Company | Assets (€m)
As at 30.9.3.23, *30.16.23, **15.11.23, ***10.6.22
©IPE Research; Sign up to IPE Profesional to see all the data in the latest country report
Nordic Region
The tone of Europe’s political debate on defence expenditure has shifted markedly this year. And as former Netherlands defence minister Kajsa Ollongren, put it in a Chatham House Q&A in early March: “The mindset should be ‘war economy’.”
PenSam cites higher regulatory requirements for banking and ‘modest synergies’ with core pension business as reasons for sale to Arbejdernes Landsbank
Danish watchdog warns pension sector to continuously monitor all products, including old ones not covered by 2018 rules
Each pension fund pledges to invest over DKK100m as part of collective bid project ‘too good not to join’
Danish pension fund acknowledges official orders to correct procedures in three areas
ATP’s Præstegaard emphasises importance of guarantees in unpredictable times, while NBIM turns in a small loss for Q1
Lars Larsen Group buys stake in IIP after Danish pension fund manager spent time searching for right partner
Denmark’s statutory pension fund defends its results after Finnish Centre for Pensions ranks its real returns as lowest
Denmark’s bond-heavy ATP stands out for comparatively low real returns, in Finnish Centre for Pensions’ analysis
Danish, Swedish pension majors team up with Australasian NGO to confront Norwegian state oil company
Sampension says scope of the rules should be clearer