Danica Pension secures new contract with self-employed pension fund

Danica Pension has secured a new five-year contract with Pensions for Selvstændige, a non-profit fund for self-employed people in Denmark.

Having renegotiated the agreement, Danica Pension will continue to provide pensions for 36,000 self-employed people with total pension wealth of DKK 36bn. The partnership between the two organisations extends back more than 30 years and has now been extended to 2027.

The primary focus going forward will be to create additional security for self-employed pension and insurance schemes. Pensions for Selvstændige CEO, Lars Kvistskov Larsen, said he was pleased to have renegotiated a new and improved agreement on behalf of members.

"The know-how and the total value offer that we, together with Danica Pension, can offer the self-employed is overall the best on the market,” he said. This offer includes tailored advice, attractive returns after costs over the long term and good insurance solutions, he said.

“We understand that the self-employed often focus all their attention on running their business, but that does not change the fact that they can also be affected by accidents that lead to long-term illnesses, just as they also want financial security in retirement. It is our task to continue to create that security and provide the best pension and insurance offer to the many self-employed who are in Denmark, ” he said.

Pensions for Selvstændige is Danica Pension's largest customer, and this, combined with the difference that good pension and insurance schemes and strong health solutions can make for the self-employed, means that Ole Krogh Petersen, CEO of Danica Pension, also has large expectations for the new agreement.

“It is deep in our DNA to make a difference for the self-employed. To advise them and ensure that they save properly for retirement, that they are properly covered if they become ill long term and to provide the best health solutions that can reduce their sick leave. Therefore, it is with great humility, pride and joy that we continue the collaboration with Pensions for Selvstændige,” Krogh Petersen said.

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