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Danish pension fortunes accrue in fewer and fewer companies

In the last 20 years, more than two thirds of Denmark's pension companies have disappeared. Regulation is one of the most substantial factors behind this movement, deems pension specialist.

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Over these past 20 years, the number of Danish pension firms has plummeted. From once having hosted 94 pension companies back in 2000, the Scandinavian country can now also boast of having 31, equating to a decrease of more than two thirds.

This can be explained by factors such a regulation demanding more administrative muscle to operate a successful pension business today, reports Danish business daily Børsen.

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