Danish pension fund picks up 5,000 new customers and continues to reduce costs

In the first half of 2019, Pensam has yielded a return of 8.4 percent, picked up 5,000 new customers and increased payments. Costs are decreasing and expected to drop further with the company's transition to a new industrial IT solution.

Pensam CEO Torsten Fels. | Photo: PR/Pensam

The significant drop in interest rates, that the industry has seen since the turn of the year, will affect Danish pension company Pensam's returns in the coming years.

But its 2019 prospects are healthy and CEO Torsten Fels does not expect to lower the company's announced annual interest rate.

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