News in brief: 19 November 2021

- A record number of Danes are voluntarily making extra contributions to their pensions, new figures from Sampension have revealed.

The provider found that in the first nine months of 2021, around 9,200 of its customers paid extra into their pension savings, which represents an 83 per cent increase on the same period in 2016 and is the highest level ever recorded. Younger savers in particular were more likely to have saved extra into their pension, with the number of savers under 36 who made extra contributions increasing by 20 per cent, the largest increase among all age groups surveyed.

- Danish pension fund PFA has announced plans to invest DKK 100m in the Danish private equity fund, Blue Equity.

The move is expected to allow the pension scheme to take advantage of the “untapped potential” in Danish small- and medium-sized companies, as well as deliver a “good risk-adjusted return” to customers. “At PFA, we want to make Danish capital available and support the growth layer in the Danish business community. Therefore, we have chosen to invest again in Danish Blue Equity, which we at PFA have helped to establish, and which we are confident can deliver a good risk-adjusted return to our customers,” PFA group investment director, Kasper A. Lorenzen, commented.

- Denmark's P+ has committed to reducing the carbon footprint of its investment portfolio by 30 per cent by 2025.

The provider highlighted this as a “significant reduction” to aim for, explaining that it will achieve this by tightening climate requirements for both asset managers and the companies it invests in. P+ has also pledged to earmark 15 per cent of total assets for climate-friendly investments by 2030, and to maintain stricter active ownership with the 20 largest CO2 emitters in the portfolio in an effort to influence them in a “greener direction”.

    Share Story:

Recent Stories


Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.

In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.

Podcast - The power of three: Using Common Contractual Funds to improve tax outcomes for investors
Large asset owners are still investing in equities in a way where they are taxed on their income. The implication is that they get a poorer return. They need to, and can, improve this, but how?

In this podcast, AMX Head of Client and Manager Development, Aaron Overy, and AMX Product Tax Specialist, Kevin Duggan, discuss with European Pensions Editor, Natalie Tuck, about three options to help ensure good withholding tax outcomes for institutional investors.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows

Europe’s pensions challenges
Francesca Fabrizi meets Matti Leppälä, Secretary General and CEO of PensionsEurope, to discuss the key aims and objectives of the association today.