All articles by Rachel Fixsen – Page 188
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NewsDenmark's PFA Pension returns 20.2% in 2010
Contributions rise by fifth to €2.5bn, the highest level reported in Danish market.
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NewsDanica Pension profits slip on historical risk allowance
However, Danish commercial pensions provider manages to trim expense ratio to lowest level ever.
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NewsDenmark seeks to allay competition concerns by reining in ATP powers
Proposed legislation allowing pensions giant to run banking, credit and insurance operations will now include restrictions to satisfy competition concerns.
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NewsDenmark's Nordea Life & Pensions reports record Q4 sales
Profits at one of the country's main commercial pensions providers increase by more than third.
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NewsDanish pension administrator Unipension returns 15% in 2010
Property write-downs make sizeable dent in returns for one of company's three pension funds.
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NewsDanica Pension poaches SEB Pension MD Per Klitgård
Commercial pensions provider lures Klitgård away from top post at smaller rival.
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NewsSkandia's Danish pension operations, PKA boosted by equities
DENMARK – High equity allocations boosted the investment return at Skandia's Danish pensions operations last year, taking asset values back to their pre-financial crisis levels.
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NewsDanish roundup: ATP, LD, Forsikring, Danish Competition Authority
DENMARK – Denmark's government and three major pension players have signed an agreement to set up a DKK5bn (€670m) venture capital fund, which will be largely state-backed.
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NewsDanish commercial provider AP Pension reports 10% return
DENMARK – Investments at commercial pension provider AP Pension made an overall return of around 10% in 2010, the company said.
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NewsDanica pension product posts 20.8% return for 2010
DENMARK – Danica Pension, one of the largest commercial pension providers in Europe, said 2010 full-year returns on its unit-link products were between 6.1% and 20.8%, depending on the risk profile.
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NewsPKA joins biggest European biotech cash injection
DENMARK – PKA has announced it is investing around DKK140m (€19m) in a Danish biotech firm developing cancer drugs, part of what it says is the biggest capital injection ever into a European biotech business.
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NewsATP, PensionDanmark consider joint property, infrastructure deals
DENMARK – Two of Denmark's largest pension funds, the DKK104.5bn (€14bn) PensionDanmark and ATP, are considering joint property and infrastructure deals.
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NewsHigh risk investment options yield 25% returns for Danish FSP
DENMARK – Finanssektorens Pensionskasse (FSP), the DKK21bn (€2.8bn) Danish labour-pension fund for the financial industry, reported 2010 investment returns of up to 25.7% for its market-link pension products.
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NewsDenmark's Industriens posts 19% pre-tax return for 2010, lowers account dividend
DENMARK – Danish labour-market fund Industriens Pension has set its 2011 pre-tax account dividend lower than last year at 5.25%, on the back of a 2010 investment return of 12%.
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NewsDanish schemes maintain account dividends after 'good' year
DENMARK – Denmark's biggest commercial pension providers are holding their account dividends at this year's level, citing good investment results for 2010 as well as the level of reserves.
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NewsDenmark's Industriens reduces expected pensions due to longevity
DENMARK – A major Danish pension fund is reducing expected pension income for members, as it and other funds react to the regulator’s demand for longevity-related adjustments.
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NewsCEO of Danish LD Pension to stand down in May
DENMARK – The chief executive of Danish pensions institution LD will step down next year, having steered the company through its split into two management groups as well as its recent DKK40bn (€5.4bn)investment management tender.
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NewsATP draws DKK23bn from reserves to fund longevity
DENMARK – Denmark's ATP is setting aside an additional DKK23bn (€3bn) for future pensions payments after adopting new longevity measures, which takes into account projected future increases in life expectancy.
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NewsDanish administrator PKA vows to maintain yield guarantees
DENMARK – Danish pensions administrator PKA has become the latest firm in the country to state explicitly that it will not renege on yield guarantees made to its members.
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NewsDenmark extends pension fund rescue package indefinitely
DENMARK – The Danish government is now extending indefinitely the rescue package for the country's pensions sector put in place two years ago in the wake of the international financial crisis.
