Denmark’s statutory pension fund ATP is initiating an external evaluation of its investment strategy to ensure it is as “efficient as possible”.

ATP is responsible for Denmark’s ATP Livslang Pension (Lifelong Pension), a statutory pension scheme for workers, which provides a defined benefit pension upon retirement.

As part of the initiative, an independent group of financial professionals from Denmark and abroad will be established to conduct an evaluation of ATP's investment strategy.

The adoption of an external evaluation process follows “significant decisions” made by ATP’s supervisory board and executive management in relation to ATP’s pension product, which the Danish Parliament adopted in 2021 with a broad majority.

The model is used in other countries, such as Norway, where its Government Pension Fund Global (GPFG), managed by Norges Bank Investment Management (NBIM), is subject to an external evaluation.

Commenting, ATP CEO, Martin Præstegaard, said: "As a natural follow-up to the fact that we in ATP have now made all the important decisions that implement the adjustments decided by the Danish parliament, we are conducting what you might call a service review.

“It is common sense and we see it as good governance, as we share an interest with all Danes who save in ATP - namely that we create the best pensions for a long time and far into the future.”

ATP's supervisory board has approved the evaluation on the basis of a proposal from ATP's executive management;

The evaluation group will be chaired by Jesper Berg, former CEO of the Danish Financial Supervisory Authority and former bank director at Nykredit and head of Danmarks Nationalbank. The evaluation group will also consist of two or three primarily foreign experts.

The group's work is expected to be finalised by mid-2026 at the latest.

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