Danish pension fund allots 21 percent in deposit rate to some of its members for 2021

Most Danish pension companies have lowered their deposit rates for 2021 for savers with average interest rate products. Some pension funds are moving against the trend, though, notifying their members of higher returns on their traditional pension products.
Torsten Fels, CEO at Danish pension fund Pensam. | Photo: PR/Pensam
Torsten Fels, CEO at Danish pension fund Pensam. | Photo: PR/Pensam

In Denmark, most of the pension funds which still offer traditional average interest rate products have announced the deposit interest rates for 2021. Some pension savers benefit from this, while others will be facing a year with zero returns on their savings, AMWatch's sister media FinansWatch writes.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading