The Credit Suisse Group Pension Fund has published a performance update for June 2025.

The fund reported an investment return of 0.07 per cent in June 2025. It also revealed that its overall performance for the year to the end of June is 0.67 per cent.

M&G has committed €60m to Altano Energy to accelerate Spain’s renewable energy transition.

The investment was made by the infrastructure & real assets team, part of M&G’s €90bn private markets platform, on behalf of its two open-ended funds, including its impact and transition strategy. Altano Energy is a diversified renewables business operating across Spain, integrating solar, hydro, wind, and storage technologies. Therefore, M&G said the investment would support Spain’s target of generating over 80 per cent of its electricity from renewable sources by 2030, up from 50 per cent in 2023, and phasing out coal entirely by the end of the decade. M&G Investments head of real assets, Anish Majmudar, commented: “Altano is entering an exciting stage in its growth. Our investment will help bring these projects to life and support Spain’s shift to a cleaner, more resilient energy system, while providing our clients access to a high-quality, bilaterally negotiated investment opportunity that combines long-term value creation with measurable environmental impact.”

The publication of draft models for the Uniform Pension Overview (UPO) has been postponed until September.

The Dutch Association of Insurers and the Federation of Dutch Pension Funds typically publish draft models for the UPO and the accompanying manual for pension administrators in July of each year. However, due to the scale and complexity of the work involved in updating the models, they stated that the publication will take place later this year, with the updated models expected to be available on its website in early September.

Norway's KLP has highlighted the contribution of pension money to adapted workplaces.

One example of this is Nordkyn Vekst, a growth and rehabilitation company, which has benefited from loans from KLP. Nordkyn Vekst AS relocated to new premises in November 2020, where it renovated and expanded an old library into a café, which has become an important gathering point in Kjøllefjord, according to KLP. In addition to the café, the premises on the pier house a carpentry workshop where, among other things, drying cabinets for meat and fish, picnic benches and equipment for local coastal fishermen are made. Such growth companies can be found all over the country, and their purpose is to create jobs for people with either mental or physical disabilities. KLP Banken assistant manager of public markets, Kjetil Gjøen-Øien, commented: "KLP manages the pensions of employees in most municipalities and counties in Norway. The money should grow until the pensioners need it, but it should also contribute to creating good societies where people want to live." He emphasised that companies like Nordkyn Vekst created invaluable value in the local community, adding that if KLP can provide "favorable loans" to projects that create positive effects locally, the fund will get more than just growth in kroner and øre.

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