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Pensiondanmark shifts focus to costs as lower expected returns loom

For 10 years, Pensiondanmark's members have enjoyed strong returns. But this will probably not last, and lower costs will therefore be needed to maintain the value of pension savings. Although the fund's administration costs are at the low end within the industry, CEO Torben Möger Pedersen wants to reduce them even further.

Torben Möger Pedersen, CEO of Pensiondanmark. | Photo: Mik Eskestad

When Torben Möger Pedersen considers the next few years, he, like many of his colleagues, predicts lower investment returns.

Other things therefore need to be done to create value for the 750,000 clients whose pensions are managed from Pensiondanmark's offices on Langelinie Allé in Copenhagen.

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