Velliv wants pension savers to switch to market rate products

Customers with an average interest rate product with a guaranteed low rate at pension company Velliv will receive an offer to change to a market interest rate product this year.

Photo: PR

With predictions for low interest rates in the long-term, it is hard to generate good returns on average interest rate products.

Customer-owned pension company Velliv is now feeling the consequences of this.

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