Pension savings are the "cornerstone" of Danish doctors' finances, with research from Insurance and Pension Denmark (I&P Denmark) revealing that pensions are the largest asset for nearly two-thirds (64 per cent) of doctors in Denmark.

Lægernes Pension and Bank, which shared the research as part of its latest fund update, emphasised that pensions are a central part of wealth and financial security for the vast majority of doctors in Denmark, pointing out that pension wealth is more than housing wealth and other savings combined for many.

"The figures confirm how strong the Danish pension system is," Lægernes Pension and Bank CEO, Chresten Dengsøe, said.

"The fact that pensions for so many doctors form the foundation for financial security shows the value of long-term pension savings, which we in Denmark have been really good at building up."

Whilst regional differences were seen, Lægernes Pension and Bank emphasised that this trend was nationwide, even in areas where housing assets are considerably more valuable than in other areas of the country.

Those aged 55-65 years old were most likely to have their pension as their largest asset, having benefited from more time to save and achieve returns, whilst also not yet having started to use their pension.

Alongside the research, Lægernes Pension provided reassurance that, despite the severe market turbulence seen following the introduction of US Donald Trump's tariffs, members should "definitely not worry about the development of their savings".

"Pension savings are a long-term investment. So the fellow-fives must put on the long glasses and trust that we at the pension fund manage their money in the best way. And we do," Lægernes Pension & Bank investment director, Peter Possing Andersen, said.

"But inside the engine room we don't wear glasses. We use a magnifying glass. And with that we work actively and non-stop to navigate when the storm rages, not in panic, but with due care."

Whilst he agreed that the world is currently in a serious situation, he emphasised that the portfolio is stress-tested to be able to handle even very violent and unforeseen events.

"Think of the savings as an earthquake-proof house, which is also designed to withstand both storm surges and thunderstorms," Possing Andersen continued.

"Every now and then, 100-year events occur, and this may create a crack in the foundation or smoke in the kitchen.

"But we are constantly improving this, while the house is constantly being adapted to the new climate. And fundamentally, the house is rock solid, even when the unforeseen occurs."

The fund also provided an update on its climate efforts, revealing that it has sold "problematic" government bonds totalling DKK 3.8bn.

"Instead of adding more countries to our exclusion list - and still ending up with a number of problematic countries - we are completely withdrawing from investments in primarily government bonds from a number of developing countriesLægernes Pension head of sustainability, Peter Rasmussen, said.

In total, Lægernes Pension has sold off investments in government bonds and state-owned companies from 74 countries.

Among the countries that were de-selected are Saudi Arabia, Qatar, Bahrain, Azerbaijan, and the Ivory Coast.

Instead, the pension fund has invested in corporate bonds primarily in the USA and Europe, although the fund confirmed that the expected risk-adjusted return is the same.

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