- Deutsche Telekom has extended its contract with WTW for the administration of its company pension schemes.
The Telekom Group’s company pension scheme, which covers around 85,000 active and 50,000 former employees, has been managed by WTW for over 20 years. WTW took over the administration of Telekom’s complex pension plans in stages, carrying out detailed reviews to keep improving the services. The administration covers employees across all groups, including those covered by collective agreements, non-tariff staff, and managers. Commenting on the re-appointment, WTW head of central Europe, Reiner Schwinger, said: "I have been supporting Telekom's company pension plan for many years. With its various pension systems, such as the capital account plan, the German Postal Service Pension Fund (VAP), and the Flexible Benefits solution, it is certainly one of the most complex projects in the German company pension market."
- The Icelandic Ministry of Finance and Economic Affairs has confirmed amendments to the Articles of Association of Iceland's Frjálsi pension fund.
The amendments were formally considered and approved at the fund’s annual general meeting held on 3 June 2025. The approval enabled the changes to come into effect from 1 September 2025, meaning they are now fully applicable and binding. Frjálsi’s 2025 updates strengthened disability pension rights by using fairer income averaging and capping combined benefits at actual loss, and clarified rules for transferring pension savings and ending supplementary savings agreements with two months’ notice.
- Denmark’s Sampension and NRGi have opened a 122-hectare solar cell plant on Djursland, East Jutland.
The park opened on 1 September after 14 months of construction and is located in the open countryside between Kolind and Nødager on Djursland. This is the first solar park developed under the auspices of Sampension and NRGi.Several companies have also entered into corporate Power Purchase Agreements in connection with the project, committing to purchasing some electricity from the plant over a number of years. Commenting on the news, Sampension head of real estate and infrastructure, Torbjørn Lange, said it is important for Sampension to “help shape the development towards a more sustainable economy” in combination with ensuring attractive returns for pension customers. "At a time when the green transition is challenged in several areas nationally and internationally, we at Sampension are very happy and proud to now be able to help inaugurate our newly developed solar park," he stated.
- The Dutch Pension Fund for Healthcare and Welfare (PFZW) highlighted its investments in the energy transition as it marked Sustainable Tuesday, when The Hague showcases sustainable ideas and initiatives from society.
PFZW said that as a pension fund, it believes it is important that its investments not only generate financial returns but also contribute to a more sustainable society. The fund indicated that this is also important to participants of the fund, as its research showed that no less than two-thirds of our participants would like to see PFZW invest sustainably. In light of this, PFZW said that this is why it invests in companies that accelerate the transition to clean energy, such as through investing in solar and wind energy. For example, PFZW invests in Sunrun, which provides households with solar panels and battery storage, and Vestas, a global wind turbine producer, to support the transition away from fossil fuels toward renewable energy. By investing in these types of companies, PFZW contributes to the transition to sustainable energy, providing a good return and a liveable future.
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