News in brief: 6 March 2026

- LCP Ireland’s Investment Summary for February 2026 has revealed that its sample defined benefit (DB) scheme’s funding level rose to around 109 per cent during the month, reflecting a rise in asset values.

LCP’s high-risk, medium-risk and pension purchase defined contribution (DC) strategies all posted positive returns in February. Additionally, annuity prices rose in February, reflecting increasing bond prices. Global equities also rose over the month by 1.6 per cent (in local currency terms), with Eurozone markets rising by 3.5 per cent and North America increasing by 0.2 per cent (in euro terms). The US dollar strengthened against the euro over the month.

- Finnish earnings-related pension provider Varma is renewing its brand, following a review.

The review of its brand followed Varma’s new strategy, which was completed a year ago. The provider said that working life, entrepreneurship and the operating environment of companies have changed rapidly in recent years and at the same time, its customers' expectations of their pension insurers are also changing. Given this, Varma wants to respond to these changes. The review includes an update of the brand's visual identity and was led by Varma head of communications, Ilari Takamäki, and communications manager, Reetta Lehto.

- Denmark’s Lægernes Pension & Bank has moved to a new branch in Odense, Denmark, with the aim of being physically present with premises close to doctors and medical students in major university and hospital cities.

The new premises are located at Lindvedvej 75 in Odense and is close to Odense University Hospital. The move saw Lægernes Pension & Bank upgrade the physical framework so customers can access meeting facilities with greater capacity and flexibility. The premises provide better facilities for both individual counselling and larger meetings, such as the doctors' social and professional networks. In addition to this, the location is close to public transport and has parking spaces available for visitors. "Even though many meetings take place online, we still experience a great desire for the opportunity for physical conversations – especially when it comes to important financial decisions and other major choices where presence and security play an important role," Lægernes Pension & Bank bank director, Mikael Østervig Andersen, said.

- Finnish occupational pension company Veritas has rented premises located in Pohjois-Haaga, Helsinki, to Veikkaus for an office.

The agreement will renovate the premises of more than 10,000 square metres and further improve energy efficiency. The building is located at the junction of Ring Road I and Hämeenlinnanväylä, and accessibility via public transport will be further improved when the light rail connection between Kannelmäki and the city centre is built. Veikkaus' head office will remain in its old location on Aku Korhonentie and has been located there since 2017. According to Veritas property investment manager, Petra Heinälä, there is a record number of empty office spaces in the Helsinki Metropolitan Area. She explained that the demand for office space is affected by the poor economic situation, but also by the changed way of working. Yet, she said that not all companies are looking for offices in the city centre, and many companies appreciate the location next to the ring road and that it is easy to access by car.

- Industriens Pension, the Danish labour market pension scheme, has reported that the new headquarters for the law firm Bruun & Hjejle in Copenhagen's Nordhavn district is taking shape.

Industriens Pension, the developer of the building, said that the final elements of the building have been installed, and the roof structure is now in place. The new office building will have six floors and a total area of just over 14,000 square metres. A topping-out ceremony marked the completion of the shell of the building earlier this week, which was attended by Industriens Pension, the turnkey contractor Nordstern and Bruun & Hjejle. The law firm is expected to move into the new office building in the first half of 2027. The building was designed by the architectural firm Henning Larsen and is expected to be certified to DGNB Platinum, which is the highest certification in the DGNB system. The total project value is not public, but Industriens Pension is investing a large three-digit million amount in the project.



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