Danish FSA warns of new reality for investors and pension savers

Pension clients and investors should prepare themselves for losses, says Danish FSA Director General Jesper Berg. He warns of worse market conditions than the world has seen in decades.

The Director General of the Danish FSA (Finanstilsynet) Jesper Berg | Photo: Jens Henrik Daugaard/ERH

The Director General of the Danish FSA (Finanstilsynet) Jesper Berg, does not mince his words about the economic reality facing investors and pension savers, describing it as ”like a cold shower.”

There is nothing he can do, other than warn investors that favorable market conditions are a thing of the past.

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