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PensionDanmark yields DKK3.8bn investment return in first half

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PensionDanmark yielded an investment return of DKK3.8 billion in the first six months of the year, equating to a return of 1.3 per cent for members age 40 and 3.2 per cent for members age 65, before taxes.

In recent months market returns have improved, increasing returns to 3.5 per cent and 4.7 per cent for the two age groups respectively.
 
Administrative costs per insured decreased by 10 per cent in the first six months of 2016. Premiums increased by DKK0.7 billion to DKK6.4 billion, while the assets under management grew by DKK7 billion to DKK189 billion.
 
The number of members grew by 9,000 to a total of 686,000.
 
”Overall, we have achieved satisfying results in the first half-year, during which our investment portfolio once again proved robust despite the significant turbulence in the financial markets, while simultaneously managing to bring down administrative costs even further,” says chief executive Torben Möger Pedersen (pictured).
 
The use of services in PensionDanmark Health Care increased substantially in the first half of 2016. Members received a total of 125,000 treatments at PensionDanmark’s 124 local health centres – a 24 per cent increase compared to the same period of 2015, in which 101,000 treatments were given. 

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