28 August 2023
KLP publishes on its website:
KLP delivers a good result for the first half of the year, with a return for pension customers of 4.2 per cent so far this year. KLP’s subsidiaries can also show good development.
– Strong stock markets have contributed to a good result for KLP in the quarter, especially considering that we have adjusted down the value of our properties due to increased interest rates, says CEO Sverre Thornes.
In the quarter, KLP made great progress in the development of a new and modern digital pension system adapted to the new regulations within public occupational pensions. In the second quarter, all retirement pensions and AFP have been transferred to the new system. This means faster case processing and even better advice, both to employers and employees.
– For employees in municipal and health Norway, this means that they can find out within seconds what they will get in pension, what it means to continue working in a full-time position, and what flexibility they have to be able to work alongside the pension. This is important for everyone to be able to make good choices about their pension, and not least to help show what they earn by working more, both in terms of position size and age, says CEO Sverre Thornes.Source: KLP
September 4, 2023
July 6, 2023
December 8, 2023
The Exelerating platform helps you to gain relevant insights into € 6,000+ billion of European institutional assets. We do this by tracking and analysing thousands of public sources of data.Learn more