Last pensions merger seen for Finland as Veritas absorbs Alandia

More consolidation in the Finnish pension market is on the way in January when the EUR 3.19 billion pension insurance company Veritas merges with EUR 300 million Alandia-Pension. Veritas' CEO suggests this could be the sector's last link-up.

Reeta Ilona Paakkinen

Once the merger set for the start of next year takes place, Finnish pension providers Veritas and Alandia will form a EUR 3.5 billion mutual pensions insurer specializing in pensions for small and medium-sized businesses.

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Last pensions merger seen for Finland as Veritas absorbs Alandia

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Front page now

AkademikerPension increases focus on biodiversity

Goldman raises USD 14bn for private equity secondaries fund

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

Operational landscape increases popularity of private credit, Finnish manager says

AMF appoints new manager for Swedish equities

Swedish FSA reprimands troubled pension giant

EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"

Critics lambast Alecta for secrecy and "incompetence" in major real estate investment

Asset managers rebuffed as EU cracks down on use of ‘ESG’

ATP on admitting billionaire investors into new venture: Our strategy remains unchanged

Further reading

Alecta’s CEO rejects controversial Heimstaden investment

Swedish agency's new comms head will engage with fund managers

Only one Nordic fund market increased its AUM in August

Swedish FSA reprimands troubled pension giant

EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"

NATO's fund is in discussions with several Finnish investment funds, founder says

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