Danish FSA asks pension funds for market turmoil's impact on market rate products

The recent drops in stock prices have been expensive for pension savers with market rate products. Now the Danish Financial Supervisory Authority wants an overview of how bad the situation is.

Photo: Lars Krabbe/ERH

Savers with their pensions in market rate products have seen their retirement savings dwindle.

In order to get an overview of what is happening to customers, the Danish Financial Supervisory Authority, FSA, has now asked pension funds to inform them about "what effects recent developments have had on customers with market rate products."

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