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)
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Danish mutual pension provider redesigns ideas behind VækstPension Aftryk, defines four categories of sustainable investment targets, adds asset classes
Danish pension provider’s PFA Klima Plus product will begin opting out of stocks with ‘strong connection’ to fossil fuel sector from next April
Top three countries retain places despite slightly lower ranking compared with 2023 figures
Pension fund CEO warns that European green transition technology needs public money or China and US will dominate
Smaller dormant accounts at risk of being entirely lost to administration fees, authority says in new report
Company | Assets (€m)
As at 30.9.3.23, *30.16.23, **15.11.23, ***10.6.22
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Nordic Region
Pensions and the labour market were the focus of end-of-summer political pronouncements in Denmark this year. If brought into action, some of the ideas could lead to forward-thinking changes to pensions.
Danish mutual pension provider redesigns ideas behind VækstPension Aftryk, defines four categories of sustainable investment targets, adds asset classes
Danish pension provider’s PFA Klima Plus product will begin opting out of stocks with ‘strong connection’ to fossil fuel sector from next April
Top three countries retain places despite slightly lower ranking compared with 2023 figures
Pension fund CEO warns that European green transition technology needs public money or China and US will dominate
Smaller dormant accounts at risk of being entirely lost to administration fees, authority says in new report
Danish pensions giant warns ‘over-reporting’ of new ESG rules could drown out the relevant data for the €92.9bn investor
‘Simply not enough money’ in labour-market pensions to finance home buying, further education, family time and several years of pension, says Kent Damsgaard, IPD chief
PGGM is using large language models in ESG, generic AI in forecasting to improve on quant models and ChatGPT to improve coding.
Free-market think tank CEPOS says ATP is ‘relic of the past’ and does not suit today’s pension system
IPD says Denmark’s pension firms have ‘helped to crack the code’ for harnessing private finance for large-scale energy transition