News in brief: 25 September 2026

The Swiss Pension Fund Association (ASIP) has developed the Pension Compass to support second pillar policyholders with their choice of retirement benefits.

ASIP said that choosing between a lifelong retirement pension, a lump-sum pension payment or a combination of the two is one of the most important financial decisions in life. This online tool is designed to help solve this by showing the financial implications of the various payment options. The tool allows users to run through various retirement scenarios tailored to their individual circumstances and transparently compare the financial implications of different payment options. The Pension Compass does not replace personal pension advice but enables users to compare different scenarios independently and to prepare specifically for a consultation with their pension provider. The tool will be introduced in numerous pension funds over the coming months.

Danish pension provider P+ has announced that it will invest DKK 1.5bn in small and medium-sized European companies with growth potential in partnership with Schroders Capital.

The investment will provide access to a broad portfolio of unlisted companies across Europe and support P+’s ambition to generate cost-effective and attractive long-term returns for its members. The investments are expected to be spread across more than 30 companies across European markets and sectors, with strong growth prospects in sectors such as technology, healthcare, business services and industrial companies. Commenting, P+ chief investment officer, Jasper Riis, said: “Given the new global reality we are facing, there is a need for investments that can strengthen European competitiveness and resilience from a strategic perspective. The fund’s focus on Europe aligns very well with P+’s long-term investment strategy and its desire to increase investment in European companies.”

Swedish pension company AMF has confirmed that, from the start of 2027, more than 4.3 million AMF customers will receive an improved occupational pension through AMF Through Life.

The new solution adapts savings to different phases of life to provide a better balance between return and security and increase pensions. AMF Through Life has an expected higher annual return of 0.4-1 per cent, depending on the status of the insurance and the proportion of surplus. The new solution includes customers in SAF-LO, AKAP-KR/KAP-KL and PA16, meaning that more than 90 per cent of AMF's customers will receive the improved occupational pension.

Danish pension company Danica and the Danish Export and Investment Fund (EIFO) are partnering to invest DKK 375m and DKK 500m respectively in the DTCP Defence Fund I. 

The fund focuses on investing in European companies in the growth phase that develop software and technology for areas including cyber security, drones, satellites, secure communications and surveillance. Many of these technologies are expected to be applicable for both military and civilian purposes. As a result of the investment, DTCP is establishing a new Nordic headquarters in Copenhagen, expecting to open in the first half of 2027, and therefore is helping strengthen Denmark’s role in Europe’s growing defence ecosystem. The investment is Danica’s largest-ever defence investment in unlisted companies. The pension company views the investment as an opportunity to generate returns for its customers whilst contributing to the development of technologies designed to strengthen Europe’s security, competitiveness and resilience. The investment from EIFO and Danica forms part of a funding round in which DTCP has raised DKK 3.4bn.

Finnish earnings-related pension provider Varma has provided more than €1bn to Finnish growth companies in the past five years.

With its investments, Varma seeks a long-term return on pension assets with diversified risk. At the same time, the investments support the growth and internationalisation of Finnish companies. The provider’s investment pace in domestic growth investments has been increasing in recent years, and in the past 18 months alone, Varma has invested more than €300m in Finnish growth companies in terms of equity. The provider also confirmed that it is making a follow-on investment of approximately €51m in Verda, a company specialising in AI cloud services and computing capacity. Following the latest funding round, Varma will remain a major shareholder. Varma chief investment officer, private equity and corporate financing, Tommi Walther, said that by joining promising Finnish companies at a sufficiently early stage, Varma aims to ensure it is involved in these companies’ growth for a long time. Approximately 20 per cent of Varma's total investments are invested in Finland.



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