News in brief: 18 March

- Skandia has launched a new theme day – Pension Day – which will take place on 6 April.

The purpose of the day is to contribute to the pension debate and draw attention to the entire pension system, from the general pension and occupational pensions to private pension savings, so that more people can make well-informed active choices for a better pension. The ambition is for Pension Day to fall on the first Wednesday in April each year.

- In Finland, the earnings-related pension sector and the Finnish Tax Administration are to launch two joint trials encouraging savers to check their pension record.

In both of the trials, 25,000 citizens will receive a message via the MyTax service. The message will encourage the recipient to check their pension record via the web service of their pension provider. The customer is steered to the web service via a joint steering service. The messages are timed to concur with the dates on which the pre-filled-out tax returns are published and the dates by which they must be submitted. The first trial takes place from mid-March to the end of April; the second one throughout May.

- Energy-telco group Norlys has signed a conditional agreement to sell a 35 per cent stake in its wholesale fibre-net business to a consortium led by PGGM, the Dutch pension investor, and EDF Invest, the real assets fund of the French energy group EDF.

The purchase price will not be made public, but it will be among the largest recent fibre deals in Europe when finalised. The Norlys Tele fibre-net covers approx 700,000 households, primarily in Jutland, making it the largest network in Denmark and one of the most advanced rollouts in Europe. The goal is to pass one million households by the end of 2023, and Norlys is now also digging on both Funen and Zealand. The fibre-net is open to external service providers, and end users may freely choose between service providers such as Yousee, Hiper, Telenor, Telia and Stofa.

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