Danish pension funds join forces against aggressive tax planning

Four pension funds in Denmark have joined forces to develop a shared set of principles to sharpen the tone towards external asset managers.

ATP has joined forces with Industriens Pension, Pensiondanmark and PFA to develop a set of shared tax principles. | Photo: ATP/PR

A shared intention to develop a more responsible tax practice has led to a collaboration between four Danish pension companies; ATP, Industriens Pension, Pensiondanmark and PFA.

They have worked together to develop a set of tax principles to influence tax behavior in Denmark and internationally, the companies state in a shared press release.

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