- Denmark’s PenSam and Allianz Global Investors have entered a strategic partnership in infrastructure.

The partnership, a mandate amounting to €300m on an initial three-year investment cycle, will be allocated to global infrastructure projects with a particular focus on Europe. Through this partnership, PenSam significantly expands its portfolio of funds and co-investments in infrastructure with a strong sustainability profile.

- Sweden’s PP Pension, which administers occupational pensions for employees in the Swedish media industry, is set to complete its migration to the Lumera pensions administration platform in collaboration with implementation partner Future Core Cloud (FCC).

“Our collaboration with Lumera and Future Core Cloud has made great progress, bringing us business benefits both on the revenue and cost side. A modern, unified application support provides more efficient administration while facilitating regulatory compliance. We are also empowered by market-leading tools for enhancing our offering through further digitalisation, for the benefit of employers and our savers,” PP Pension CEO, Kjell Norling, said.

- The Retirement Planning Council (RPC) in Ireland has launched a new brochure – Planning for Retirement Programme – to help individuals and organisations understand how the RPC’s Planning for Retirement Programme can support a transition into retirement.

Developed for both employers and employees, the brochure offers practical information for those thinking ahead to retirement. “We are proud to share this valuable resource as part of our ongoing commitment to promoting informed and confident retirement planning across Ireland,” the RPC stated.

- Finnish public sector pension provider Keva has awarded a total of €547,000 in funding for 17 projects that support work wellbeing.

The development funding is intended for working life development projects in the municipal sector, welfare sectors, and employers in the Evangelical Lutheran Church that are effective and widely applicable.

-Iceland’s Merchants' Pension Fund is among the lenders for the construction financing of the new Ölfusár Bridge that ÞG Verk ehf. is building, along with two other pension funds and Íslandsbanki.

The financing by the three pension funds was carried out through the collaboration platform of the Icelandic Infrastructure Association. The bridge is expected to be open to traffic in the autumn of 2028. The Icelandic Road Administration signed a contract with ÞG Verk in November 2024, and the estimated cost of the contract is ISK 15.7bn.

- The Netherlands’ Pensioenfonds PGB is set to increase pensions by 1.7 per cent from 1 January 2026.

Commenting, PGB board member, Edwin de Jong, said: "We're pleased that we can increase pensions for the fifth year in a row.” However, he acknowledged that the increase is lower than the 3 per cent price increase.

- Mercer and VEDRA Pensions have launched a collaboration on pension buyouts to support German companies.

The cooperation brings together Mercer’s pension and investment advisory services with VEDRA’s experience in executing pension buyouts. The goal of the collaboration is to help companies transfer pension obligations to an external provider, reducing financial risk and strengthening their balance sheets. VEDRA will assume full responsibility for current and future pension payments to retirees and beneficiaries through its holding company, VEDRA Pensions. Meanwhile, Mercer will provide tailored advisory and investment support to the German market. Buyouts are becoming increasingly important in Germany and have proven successful in various countries, such as the United Kingdom, the United States, and Canada.

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