IPE's Denmark Coverage – Page 60

  • News

    Industriens Pension active investments return 22.4% in 2009

    2010-03-25T11:30:00Z

    DENMARK - Industriens Pension, the pension fund for the industrial sector in Denmark, returned 22.4% in 2009, before taxes. The positive return is a result of a large equity and corporate bond allocation.

  • News

    PensionDanmark posts record returns for 2009

    2010-03-22T15:25:00Z

    DENMARK – PensionDanmark’s full-year performance figures for 2009 showed the firm generated record returns of DKK10.5bn – a slight increase on the DKK10.4bn first published in preliminary numbers in February.

  • News

    Danish pensions received record contributions in 2009

    2010-03-18T15:15:00Z

    DENMARK - Danes paid a record DKK116bn (€15.58bn) in pension contributions in 2009 despite the financial crises, according to latest numbers from the insurance association, Forsikring & Pension. However, officials warn contributions will fall in 2010.

  • News

    Strong gains allow Industriens to pay 6%

    2009-12-11T15:00:00Z

    [16:00 CET 11-12] DENMARK - Industriens Pension is boosting the account dividend it pays scheme members to 6% next year, as a result of the high returns it made on shares and corporate bonds this year.

  • News

    PFA increases market share as it posts 5.1% return

    2009-11-20T15:30:00Z

    [16:30 CET 20-11] DENMARK - PFA Pension saw its market share increase in the first nine months of the year despite reporting a fall in gross premium income.

  • News

    PensionDanmark’s growth kept afloat by pension transfers

    2009-11-12T12:00:00Z

    [13:00 CET 12-11] DENMARK - Despite dwindling employment levels in Denmark, PensionDanmark’s premium income rose 2% year-on-year in the first nine months of the 2009, thanks to a hefty increase in pension transfers moving to the firm.

  • News

    Danica's traditional scheme returns 5.8%

    2009-11-04T16:15:00Z

    17:15 CET 04-11] DENMARK – Danica Pension has reported a "satisfactory" return of 5.8% on its traditional pension plan in the first three quarters of the year.

  • ATP rebounds with 6.6% return in nine months
    News

    ATP rebounds with 6.6% return in nine months

    2009-10-30T12:00:00Z

    [13:00 CEST 30-10] DENMARK – ATP Group has almost recouped the losses it sustained in 2008 and reported an overall investment return of 6.6%, or DKK22.2bn (€2.98bn), in the first nine months of 2009.

  • News

    FSP lifted by high returns in Q3

    2009-10-09T16:00:00Z

    [17:00 CEST 09-10] DENMARK - Holdings in emerging markets and corporate bonds boosted investment returns for the market-linked pensions of Denmark’s Finanssektorens Pensionskasse (FSP), the fund said, reporting strong third quarter performance figures.

  • Danica calls for full disclosure of pension costs
    News

    Danica calls for full disclosure of pension costs

    2009-10-07T15:53:00Z

    [16:53 CEST 07-10] DENMARK - The managing director of Denmark’s Danica Pension promised full disclosure of the company’s pension costs and said legislation may be called for if others do not follow suit.

  • Danish women to retire early
    News

    Danish women to retire early

    2009-10-07T15:02:00Z

    [16:02 CEST 07-10] DENMARK - Women in Denmark are much more likely to retire early than men, according to a study carried out for pensions provider PFA Pension.

  • News

    Danish insurer-led pensions are cheaper - F&P

    2009-10-02T13:45:00Z

    [14:45 CEST 02-10] DENMARK - The running costs of Denmark’s mandatory labour market pension schemes have fallen by around 12% since 2002, but company schemes remain far more expensive and have hardly reduced costs at all, according to new industry figures.

  • News

    Recovery allows Danica to improve pension terms

    2009-09-30T15:10:00Z

    [16:10 CEST 30-09] DENMARK - Danica Pension, part of Denmark’s Danske Bank, has raised the account yield on its traditional pension plan and lifted the transfer penalty it introduced last autumn to deal with underfunding.

  • News

    Industriens gains lift from equity exposure

    2009-09-29T15:00:00Z

    [16:00 CEST 29-09] DENMARK - Industriens Pension, the Danish pension fund, generated an investment return of 16% in the first eight months of this year, with the growth largely won on the back of its increasing exposure to equities.

  • News

    Danes predict state pensions to fade like the dodo

    2009-09-28T14:30:00Z

    [15:30 CEST 28-09] DENMARK - Confidence in the Danish basic state pension has faded because of perceived pressure on the public purse, as a new poll suggests 50% of younger working women believe the state pension will not exist when they retire.

  • News

    Danish pensions buoyed by investment returns

    2009-09-02T16:20:00Z

    [17:20 CEST 02-09] DENMARK - Improved investment results have boosted returns at several of Denmark’s pension funds in the first half of the year, but weak workforce mobility and job losses have hit contribution and transfer income for some funds.

  • News

    Oil returns drive ATP's DKK3.3bn profit

    2009-08-26T16:20:00Z

    [17:20 CEST 26-08] DENMARK – ATP Group has reported a first-half profit of DKK3.3bn (€443m) as its investment portfolio achieved a market return of 3%, or DKK11bn gross, thanks to positive returns in four of its five investment risk classes.

  • News

    PensionDanmark returns 0.2% in Q1

    2009-05-27T16:05:00Z

    [17:05 CEST 27-05] DENMARK – PensionDanmark has reported a positive net return of 0.2% in the first quarter of 2009, as the value of its premiums increased to DKK2.6bn (€349.3m).

  • News

    1 in 4 Danes to work past retirement

    2009-05-13T16:30:00Z

    [17:30 CEST 13-05] DENMARK – Almost 50% of Danish workers intend to take early retirement before the age of 65, while just over a quarter plan to continue working past the normal retirement age, according to Forsikring & Pension, the Danish Insurance Association (DIA).

  • News

    Bankpension posts net loss of 19.7%

    2009-05-08T16:25:00Z

    [17:25 CEST 08-05] DENMARK – Bankpension, the pension fund for employees in the Danish financial sector, has reported an “extremely unsatisfactory” result of -23.1% before tax in 2008.