Fund Management

Council headed by CBS Professor to end banks' guessing game on returns

The Danish financial sector's trade association Finans Danmark has asked an expert council to solve the issue of varying returns on products that appear to be the same, writes Danish business daily Børsen.
Jesper Rangvid | Photo: Niels Ahlmann Olesen/Ritzau Scanpix
Jesper Rangvid | Photo: Niels Ahlmann Olesen/Ritzau Scanpix
BY RITZAU FINANS

Danish banks' trade body Finans Danmark has asked expert council Rådet for Pensionsprognoser (pension forcasts council) to solve the issue of varying returns on products that appear to be the same. Consequently, the banks need to deploy a new set of shared prerequisites for returns, writes Danish business daily Børsen.

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