ATP suspends aim to track record-high inflation in the short run
Soaring inflation makes it difficult for ATP to ensure real value of pension payouts in the near term, but the Danish state pension fund says it means to achieve inflation protection on annuities in the long run.
BY THOMAS NYGAARD MADSEN, TRANSLATED BY KATRINE GØTHLER
Danish inflation hit 8.7% in December last year – a level too high for ATP to successfully generate returns and thereby ensure that annuity payments to retirees retain real value, says ATP Chief Risk Officer Kim Kehlet Johansen to Danish business daily Børsen.
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