PFA Pension sends DKK 1.7 billion. DKK back to the customers

11 April 2024

PFA publishes on its website:

After a good year with profits, the country’s largest commercial pension company sends DKK 1.7 billion. DKK back to the customers. Going forward, the expected return will be raised.

It pays to be a customer of a customer-owned pension company. The customers in PFA Pension with KundeKapital can be happy that DKK 1.7 billion is being sent right now. DKK to their pension deposits. It is the second year in a row that PFA customers receive DKK 1.7 billion. DKK

“We exist for our customers, and everything we do benefits our customers. I am proud of the strong and robust customer community that we at PFA have with our 1.3 million. customers. A community that means we can once again send DKK 1.7 billion. DKK back to our customers,” says PFA’s managing director Ole Krogh Petersen.

This year marks 20 years since PFA sent money back to customers for the first time. In the 20 years that PFA has shared profit and risk with customers, customers with PFA KundeKapital have received a total of DKK 26 billion. DKK in profit sharing.

“PFA’s customer community has never been more relevant than today. In a time when many feel uncertain about the future, it is essential for us at PFA that we can help create financial security for our customers, and KundeKapital contributes to that,” says Ole Krogh Petersen.

In the future, it will also be even more attractive to be part of PFA’s customer community. The expected return on the customers’ individual Customer Capital will be increased from 8 to 10 percent.

“With a higher expected rate of return, KundeKapital becomes even more attractive. The changes in the model for PFA KundeKapital allow us to set the expected rate of return up to 10 per cent. It is a high rate of return if you compare it with the expected return from a balanced pool of shares and bonds,” says Ole Krogh Petersen, CEO of PFA Pension.

Source: PFA