PenSam CEO points to Norway’s oil fund to initiate a fair taxation investors initiative

Fair taxation is an important topic for Danish pension fund PenSam, and the theme could benefit from an investors’ initiative, says CEO Torsten Fels, who again this year debated the question at a Danish democracy festival on the island of Bornholm.

Torsten Fels (second from left) participated in a debate about fair taxation arranged by PenSam at the Danish democracy festival Folkemødet. | Photo: Anne Louise Houmann

Since the first time he participated in Denmark’s democracy festival, Folkemødet, in 2014, PenSam CEO Torsten Fels has initiated panel discussions about fair taxation.

For years, fair taxation has been a focus area for the DKK 180bn (EUR 24.2bn) labor market pension fund because, as Fels put it, its 463,000 members primarily work in the public sector, and their salaries are paid with tax money.

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