- Iceland’s Lífeyrissjóður verzlunarmanna (LV), the pension fund for commerce, has signed a deal with JP Morgan (JPM) to be its custodian of foreign assets.

LV is one of the largest pension funds in the country with ISK 1,458bn in assets (about 10.5 billion US dollars) at the end of 2024. JPM's services will include global custody, performance and risk measurement, as well as compliance monitoring of the fund's specialised portfolios.

- Finnish earnings-related pension provider, Veritas, has announced that its annual general meeting (AGM) will be held on 15 May 2025.

Shareholders are invited to attend the meeting, which will take place at the company’s head office in Turku. Under the Articles of Association, the AGM will consider the financial statements for the previous financial year. During the AGM, auditors and members of the Supervisory Board will also be elected.

- Denmark’s P Plus has revealed that its pension savers have acted on its advice to keep a “cool head” during recent market volatility, with no more people changing their investment profile than in a normal month.

P Plus CIO, Jasper Riis, said: "We see that no more people are changing their investment profile than we see in a normal month. It's positive that the vast majority seem to follow our recommendation to stick to the decision they previously made based on our investment guide.”

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