All articles by Rachel Fixsen – Page 189
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NewsATP to launch venture capital fund for Nordic IT start-ups
EUROPE – Denmark's ATP fund is setting up a new DKK1bn (€134m) venture capital fund to provide fresh capital for Danish and other Nordic companies in the IT and telecommunications sectors.
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NewsDenmark's Lærernes Pension allays concerns over Solvency II
DENMARK – Seeking to calm fears after one Danish pension fund dropped pledges on returns, Lærernes Pension, the Danish Teachers' Pension Fund, said it would not run away from its guarantees.
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NewsPFA becomes largest pension provider in Denmark as contributions rise to 23%
DENMARK – PFA Pension has overtaken Danica Pension to become Denmark's biggest pension provider, third quarter results have revealed.
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NewsDanish pension funds to 'withdraw yield guarantees' in Solvency II run-up
DENMARK – The controversial decision by a major Danish labour market pension fund to shed yield guarantees for members is bound to be followed by others in the run-up to the Solvency II compliance deadline, the managing director of leading commercial provider Skandia predicts.
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NewsPensionDanmark posts 13.8% profit for year to date
DENMARK – PensionDanmark posted a 12.6% pre-tax investment profit for the first nine months of the year and said the result has grown further since the end of the reporting period to 13.8%.
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NewsDenmark's PKA allays concerns over Solvency II, guarantees
DENMARK – Danish labour-market pensions organisation PKA has stated publicly that it is on track to meet upcoming requirement under Solvency II and that guarantees on pensions arrangements will continue.
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NewsThird-quarter profits soar by 26% at Danica Pension
DENMARK – Danica Pension – the country's largest commercial pensions provider – saw profits increase by more than a quarter at the group level in its latest interim report, with contributions from international business more than doubling in a year.
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NewsPensionDanmark invests €27m in sub-Saharan region
GLOBAL – Danish labour market pension fund PensionDanmark is investing DKK200m (€27m) in the sub-Saharan region of Africa via an established fund and expects to increase its exposure to the continent still further next year.
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Country ReportThe Nordic Region: Denmark Home front target
Rachel Fixsen investigates the pressures that Danish pension funds are facing to align their investments in support of the domestic economy
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NewsProposal would send Denmark's 'forgotten' pension funds to ATP
DENMARK – ATP could see more business coming its way if a proposal to transfer "forgotten" funds held in dormant Danish pensions accounts to the country's largest pension fund comes to fruition.
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NewsProfits over first three quarters soar at Denmark's ATP
DENMARK – ATP has generated a profit of DKK17.4bn (€2.3bn) over the first nine months of this year, overshooting its target for the entire year, with all five asset classing posting positive returns.
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NewsAssets at Nordea's Life & Pensions division surge by 19%
EUROPE – Nordea's Life & Pensions division saw a significant rise in the value of assets under management in the third quarter of this year, which the Nordic and Baltic banking group attributed to asset price growth, as well as net inflows.
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Nordic companies leading way on climate change, says ATP
EUROPE – Businesses in the Nordic region are now dealing more rigorously with climate issues, with an increasing number reporting how they deal with the risks and opportunities presented by climate change, according to Denmark’s ATP pension fund.
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NewsDanica Pension MD Ramlau-Hansen becomes CFO at Danske Bank
DENMARK – Danica Pension, Denmark's biggest commercial pensions institution, is on the search for a new managing director to head up operations following the promotion of its existing chief to the board of parent company Danske Bank.
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NewsMembers of Denmark's JOEP lose option to make investment choices
DENMARK – Danish pension fund JOEP has scrapped an option allowing clients to make their own investment choices.
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NewsReal estate roundup: ATP, PensionDanmark
DENMARK – Denmark's largest pension fund ATP has made its first direct real estate acquisition in two years, acquiring a high-profile office block in central Copenhagen.
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NewsATP, LD get green light on conducting banking, credit and insurance activities
DENMARK – Legal changes in Denmark will boost the business power of pensions institutions ATP and LD, paving the way for them to run banking, credit and insurance activities, as well as their pensions operations.
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NewsStorebrand to offer 'flexible' DB pensions despite 2011 deadline
EUROPE – Corporate pensions provider Storebrand is on track to offer a breed of flexible defined benefit (DB) pension when Norway's new pension legislation comes into force in January 2011, despite the very tight deadline.
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NewsDenmark's Sampension returns 14% in first half
DENMARK – Major Danish pension fund Sampension reported a 14% pre-tax profit on investment for its with-profits scheme for the first half, bouncing back from a 3% loss in the same period last year due largely to bonds and Danish equities.
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NewsNordic heavyweights advocate engagement on SRI issues
EUROPE – Active engagement with companies that fall foul of ethical norms is proving to be an effective way of improving corporate social responsibility, say Danish pension funds and other institutional investors in the country, according to a new report.
