Money on the way to 1.3 million. Danes
In a time when many Danes are feeling the wind blowing cold in the financial markets, there is now a little warmer news for pension savers at PFA.
The country’s largest commercial pension company has decided to distribute DKK 2.1 billion to its customers.
The payment is made as part of the PFA’s model for profit sharing, and is a direct result of the company’s customer -owned structure.
It writes Euroinvestor
Since 2003, PFA has let part of the profits go back to customers every year. With this year’s payment, the total amount reaches DKK 28 billion over the last 21 years. A tradition that will gain extra weight this year due to the turmoil that characterizes the economy.
« The large amount we share with our customers shows that it is an advantage to be part of PFA’s customer community that is strong and robust. In a very troubled time with negative financial markets, it gives a little extra financial security to our customers, » says PFA CEO Ole Krogh Petersen.
The pension company emphasizes that no money should be made for external shareholders, but that most of the year’s profits instead go to the savings themselves. And that may be needed.
A pension saver at PFA with medium risk and 15 years to pension has experienced that the value of savings has fallen by over 6 percent since the beginning of the year.
This is precisely why the company’s management sees it as a strength that the profit division can give customers a small financial hand, especially in a time when global markets offer uncertainty and large fluctuations.
A signal that the long -term investment in community still holds value.
