Pension challenger hits brick wall when consolidating dormant pensions

Grandhood CEO Jon Lieberkind calls it "daylight robbery" that a number of pension companies will not let clients consolidate their pension savings elsewhere. Several occupational pension companies reject the criticism.

Jon Lieberkind og Mathias Bredkjær, founders of Grandhood | Photo: PR/Grandhood

Grandhood, a company that aims to challenge the existing pension industry, experiences frequent rejection when their clients want to consolidate their pension savings at their firm, Danish financial daily Børsen reports.

"It is a total scam, daylight robbery," says John Lieberkind, founder and CEO of Grandhood, to the paper.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

OP's AUM growth slows down slightly in Q2

OP Financial Group's mutual funds' AUM increased in Q2, though at a slower pace than in Q1. For the first half year of 2021 as a whole, the bank's mutual funds have attracted more than 100,000 new unitholders.

Further reading

Related articles

Trial banner

Latest news

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch