AMWatch

Danish pension merger creates eighth-largest fund

The vast majority of DIP's members voted in favor of a merger with JØP, whose members accepted last Wednesday. The only remaining obstacle is the Danish FSA's approval.

Photo: Colourbox

A broad majority of pension fund DIP members just voted in favor of a proposal for their fund to merge with pension fund JØP. After members of the latter agreed to the merger Wednesday, the only thing missing now is the approval by Denmark's financial supervisory authority.

It was a full house at the annual general assembly of DIP in Copenhagen, as around 250 members attended.

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