News in brief: 3 November

- Ireland’s Pensions Authority has published its annual statistics for defined benefit schemes.

These statistics are compiled from the annual actuarial data returns (AADRs) required to be submitted by funded defined benefit schemes to the Authority under regulation 23 of the Occupational Pension Schemes (Disclosure of Information) Regulations, 2006, as amended. The statistics published to date can be found here.

- Denmark’s Industriens Pension has announced that all apprentices and students in the field of industry who are covered by a collective agreement will in future benefit from full pension payments as early as 18 years of age.

They are now fully covered by the general pension scheme. This is the latest in a long series of improvements for apprentices that are secured via the industry's collective agreements.

"We are very satisfied that apprentices in the field of industry as young as 18-years-old will become part of the regular, solid pension scheme in Industriens Pension. It is the latest adjustment of a series of gradual improvements for apprentices and young people that have come through the latest agreements," Industriens Pension chair, Mads Anderson, said.

- The Finnish Centre for Pensions (ETK) has announced that as of 31 October 2023, personal customers who use the Suomi.fi messages service will receive the A1 certificate, granted to them by ETK, via that service.

Those who use the Suomi.fi messages service will get the A1 certificate and covering letter via that service in the future. That means that the A1 certificate will no longer be mailed by post. Instead service users will get an e-mail from the Suomi.fi messages service once their certificate has arrived. Those not using the Suomi.fi messages service will continue to get their documents by post.

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