Danish pension savings shrink under new projections

Official projections of pension savings in Denmark have apparently been too optimistic. New figures have presented lower figures for the size of expected pensions. On the other hand, the new data is much more realistic, says Professor Jesper Rangvid.

Jesper Rangvid, professor of finance at CBS. | Photo: Kenneth Lysbjerg Koustrup/Scanpix

Observant pension savers in Denmark will have noticed when they checked for the first time this year that their projected retirement money pots had dwindled. And when they check again on 1 January 2019, those pension savings will have shrunk even further.

It is all the result of a series of data adjustments that are being made for Danish pension plans.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch