- Estonia’s Luminor has established a new voluntary pension fund, Luminor Future Index Pension Fund.

The Financial Supervision Authority approved the fund’s terms and conditions on 13 October. These terms will enter into force, and the offering of fund units will commence on 1 December.

- The Dutch pension fund PMT, for workers in the metal and engineering sector, has received the green light from the Dutch Central Bank (DNB) to transfer the existing pensions to the new pension scheme.

PMT received the official entry order from the DNB and will, over the next two months, work on completing the final conditions for the transition to the new pension scheme. If it is decided in December that the fund can enter in a controlled and honest manner, PMT plans to switch on on 1 January 2026. The fund has also published its updated implementation plan, amended from the 26 June version. PMT decided to adjust the plan after discussions with DNB, which contributed to further tightening the balance of the transition. PMT began sending letters with provisional calculations on 2 October in a staggered manner.

- The Dutch Authority for the Financial Markets (AFM) will request the Register of Information from companies subject to the Digital Operational Resilience Act (DORA) for 2026.

As was the case in 2025, the Dutch Central Bank (DNB) and AFM will be responsible for collecting the Register of Information in the Netherlands, but companies are now required to submit the registers themselves in the correct format. The information received will be forwarded to the European Supervisory Authorities (European Banking Authority, European Insurance and Occupational Pensions Authority, and European Securities and Markets Authority). The authorities will use the registers to determine which third-party ICT service providers are considered ‘critical’, and those identified as critical will fall under the direct supervision of the European Supervisory Authorities. The AFM asked companies to ensure timely submission, to send the AFM their complete Register of Information no later than 22 March 2026. Companies required to submit the register will receive a formal request in December 2025.

- Data from the Association of Pension Companies of the Czech Republic (APS) has found that the children's pension has almost 170,000 participants under the age of 18.

The data showed that parents or grandparents most often open children's pension savings in the period before the child is eight years old. According to E15, a Czech newspaper, the reason for this is that after reaching the age of majority, a new adult can withdraw up to a third of the money. As well as reaching the prescribed age, at least 10 years of savings are a prerequisite. Young people have a period of 24 months from their 18th birthday, during which they can decide whether to withdraw part of the money they have saved or leave everything in a pension fund. On average, people save their offspring less than CZK 600 per month.

- Finland’s Ilmarinen has joined the Energy Efficiency Agreement for 2026-2035, covering both commercial properties (TETS) and rental housing (VAETS).

The company aims to achieve 10 per cent energy savings, equal to 6,713 MWh in business properties and 2,413 MWh in rental housing communities by 2035, with a milestone of 6 per cent by 2030. Ilmarinen has exceeded its energy savings targets in both property types during the ongoing agreement period: reducing energy consumption in commercial properties by 73 per cent and in rental housing corporations by 45 per cent above the target level. The energy efficiency agreement period, starting at the beginning of 2026, is the fourth. Ilmarinen has been involved since 2001.


- LCP Ireland's latest investment update showed that annuity prices experienced a rise in October as bond prices also rose.

This meant that the funding level of LCP's sample defined benefit (DB) scheme increased during the month to around 108 per cent as assets outperformed liabilities. In addition to this, the high-risk, medium-risk and pension purchase defined contribution (DC) strategies all posted positive returns over the month.

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