- Forca, the jointly owned administration company of Lærernes Pension and PKA, has entered into an agreement with IT company Netcompany and Festina Finance, which will deliver a new IT system to both Lærernes Pension and PKA.

Under the agreement, all IT development and operations will be transferred to Netcompany, in order to ensure that members of Lærernes Pension are served using the latest technology and benefit from technological development. However, Forca will remain responsible for IT operations until the agreement is implemented. “Forca's partnership with Netcompany means that we are taking a major technological leap that will both strengthen the good member experience and the service experience,” Lærernes Pension CEO, Karsten Kjeldsen, said.

- Danish pension provider, Velliv, has ranked top of Aalund's Pensions Barometer survey.

Velliv ranked first in customer satisfaction among commercial pension companies in the survey, which asks customers to evaluate the pension company they pay into through their work. Commenting on the results, Velliv CEO, Kim Kehlet Johansen, said: "What a start to 2025! I am very grateful for the first place we have just received in Aalund's latest pension barometer. It makes me especially happy and proud that some of the things customers highlight is our good advice and that they feel appreciated. That is what we work for every day here at Velliv, and such recognition only gives us even more energy to continue to make an effort to ensure that customers get more out of life."

- The typical defined benefit (DB) pension scheme funding level fell amid market volatility in December, analysis from LCP Ireland has revealed.

LCP Ireland's latest investment update noted that equities in the Eurozone relatively outperformed global markets in December, which it highlighted as demonstration of some resilience amid challenges, such as sluggish economic growth, political instability and lingering trade policy concerns. This was against the general trend of Eurozone equities underperforming other regions over 2024. In contrast, U.S. equities faced a sell-off driven by profit-taking, LCP noted. The group pointed out that annuity prices also experienced a fall in December as bond yields rose. In addition to this, the funding level of its sample DB scheme fell from 109 per cent to 108 per cent in December, with assets falling more than its liabilities over December.

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