Annette Valentine
NewsDanish tax reforms ‘make early retirement attractive’
[16:50 CET 11-03] DANISH - The government wants the elderly to stay longer in their jobs before retiring but pensions experts say proposed tax reforms could have the opposite effect and force individuals to retire early.
NewsSP access opened to stimulate Danish economy
[15:30 CET 03-03] DENMARK - All Danish employees will from 1 June until the end of the year be allowed to access their special pension (SP) savings, even though they may not be retiring any time soon.
NewsDanish tax reforms to "undermine pensions"
DENMARK - Thousands of Danes may be forced to stop or lower their payments into retirement savings if the government’s gets approval to reform tax laws.
NewsMP asked for fresh vote over pension guarantee
[15:30 CET 15-12] DENMARK – Around 700 members of Denmark's MP Pension claim they feel cheated of their investments and are calling for a fresh election concerning their interest rate guarantee.
NewsPension firms attack Danish contributions ceiling
[11:00 CET 02-12] DENMARK - Pension experts have slammed a proposal from Denmark's 'economic wise mean to place a DKK100,000 (€13,423) a year ceiling on pensions contributions and claim most people could instead finance this tax saving by the payments they make when they retire.
NewsCustomers want equities in their pension - Danica
[16:25 CET 24-11] DENMARK – Danish pension policyholders are choosing to use retirement savings plans with a high holding in equities, despite the current economic climate, suggest figures from Danica Pension.
NewsDanish pension members are losing savings
[16:45 CET 06-11] DENMARK - Every pension customer in Denmark with a traditional retirement savings account is understood to be losing up to 15% of their savings as a result of the 'shield rate' many insurance companies have now imposed on the back of the financial crisis.
NewsDenmark delivers 30-yr bonds for pensions
[16:10 CET 04-11] DENMARK - The Danish government and central bank have agreed to issue a long-term government bond for the amount of around DKR60bn, following demands from the Danish pension sector.
NewsDenmark agrees pensions solvency rescue package
[16:50 CET 31-10] DENMARK - The Ministry of Economic and Business Affairs and The Danish Insurance Association have agreed on a rescue package for pension funds which is designed to protect pensions solvency and prevent investors from being forced to sell assets in the current market turmoil.
NewsTraffic lights shine green for all but three pensions
[17:25 CET 28-10] DENMARK – A call for extraordinary reporting of pension funds’ positions to the Danish Financial Supervisory Authority has revealed all but three of 61 companies have been given the green light to show their finances were on track to the end of September.
NewsPension schemes plea for global markets 'pause' (amended)
[16:45 CET 27-10] DENMARK - Danish insurance companies are now calling for a coordinated global stock market ‘pause’ from the continuous fall in equity markets as well as a rescue package to support pension schemes worldwide.
NewsYounger Danes could face pensions reduction
DENMARK – Danish pension companies could be forced to give younger customers lower benefit payments from their guaranteed pensions compared with those received by the current generation of pensioners, if the current financial crisis continues.
NewsATP pumps money into Danish banks
[16:45 CEST 10-10] DENMARK – ATP, the largest pension scheme in Denmark, is lending billions of Danish kroner to Danish bank– described as deposits because of a government guarantee they carry - in a bid to help shore them up during the financial crisis.
NewsPensionDanmark warns investors of market woes
[17:15 CEST 03-10] PensionDanmark has warned pension members the returns are unlikely to look favourable this year as it predicts 2008 investment returns will be heavily influenced by the credit crisis, world economic recession and a rapidly falling equity market.
