- AP Pension has joined the partnership ABC for mental health to make efforts to improve the mental health of Danes.

It is a research-based health promotion initiative aimed at promoting mental health and preventing and remedying the increase of poor mental health. The partnership is backed by the Department of Psychology at the University of Copenhagen.

The main messages ‘do something active, do something together and do something meaningful’ will create the framework for concrete initiatives that AP Pension will spread among its employees and customers, many of whom feel that their mental health is going in the wrong direction. Customer claims from 2022 to 2023 increased by 31 per cent, with mental health disorders accounting for 40 per cent of these.

“Mental health is a general and major challenge in Denmark, which we also see among our customers. Last year, mental disorders accounted for more than 40 per cent of long-term sick leave claims among our customers, with stress being a particular problem. We want to help improve mental health. And we have no doubt that the best way to do this is by sharing experiences with others and based on research," said AP Pension health director, Marlene Øhrberg Krag.


- The European Insurance and Occupational Pensions Authority (EIOPA) has published the calculation of the Ultimate Forward Rate (UFR) applicable as of 1 January 2025.

This parameter of the methodology to derive EIOPA’s risk-free interest rate term structures remains unchanged at 3.30 per cent for the euro. The UFR does not change for 19 other currencies but for nine currencies the UFR decreases with 15bp and for one currency the UFR increases with 15bp.


- Skandia has increased the premium guarantee for pension savings in Skandia Liv from 80 per cent to 100 per cent.

As of 1 April, new premium payments in Skandia Liv (traditional management) will have a 100 per cent guarantee. The guaranteed interest rate used to calculate guaranteed payout amounts is unchanged at 1.25 per cent. The change also means that defined benefit policies will be 20 per cent cheaper for the same promised pension amount and for transferred capital, corresponding guarantees will be increased from 75 per cent to 80 per cent.

“Due to higher market interest rates, we can now raise the guarantee for pension savings in Skandia Liv, which makes the savings form even more secure for our customers. The balance between security and conditions for good returns is important, and thanks to our strong financial position, we can both strengthen security and maintain good conditions for the continued growth of pension capital," commented Skandia president and CEO, Frans Lindelöw. Endowment insurance remains unaffected.

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