All Danish Financial Supervisory Authority articles
-
News
Akademiker rejects FSA criticism for failing to ensure product suitability
Danish watchdog warns pension sector to continuously monitor all products, including old ones not covered by 2018 rules
-
News
LD Pensions rapped by FSA for investment risk guidelines failings
Danish pension fund acknowledges official orders to correct procedures in three areas
-
News
Danish FSA says pension funds failing on active ownership communication
Sampension says scope of the rules should be clearer
-
News
Sacked Velliv CEO Erichsen now under investigation by Danish police
Danish FSA reported Steen Michael Erichsen to police, but details remain scant
-
News
Danish FSA sets out new expectations on alternatives processes
Financial supervisor adds guidance on making sure unlisted investment valuations are continuously updated, and revaluing when markets swing
-
News
Danish watchdog finds product failings at Nordea Pension
Pension firm’s CEO says measures have been initiated to ensure compliance as soon as possible
-
News
Nordic FSA chiefs urge EU regulators to simplify financial rulebook
Simpler rules should be enforced by ‘risk-based supervision with strong discretionary tools’, Nordic watchdogs tell EIOPA, ESMA, EBA heads
-
News
Danish FSA eyes volatility of unlisted returns for market-rate pensions
Value of alternatives portfolios increased by 4% in 2023, but dipped in allocation terms from the year before, watchdog’s figures show
-
News
PensionDanmark and Lærernes told to correct alternatives valuation processes
Danish pension funds handed orders from FSA to improve valuation methods for private equity, infrastructure and illiquid credit investments
-
News
IBM’s Danish pension fund rapped by FSA for using key assets as collateral
Closed company DB scheme found to have insufficient unencumbered assets to cover obligations, given that some were pledged as security for derivatives
-
News
Danish FSA raps pension firms for green product shortcomings
PFA Pension, AP Pension and Danica Pension each dealt at least one official order to correct procedures after watchdog focuses on “sustainable” pension products
-
News
Danish watchdog raps two PKA pension funds over private equity
Pension funds’ boards need to be more specific about private equity intentions, FSA tells PKA-run funds
-
News
Danish FSA raps two PKA-run pension funds over lack of risk clarity for members
Two healthcare pension funds failed to fully inform members about elements of their pension benefit, and associated risks, says watchdog
-
News
Danish pension funds’ unlisted allocations reach 23%
IPD CEO defends alternatives from critics: ‘Unlisted investments are important parts of the economic cogwheels in our society.’
-
News
Danish FSA raps ATP and other pension funds over alternatives valuation
Pension firms must ensure necessary value adjustments take place sufficiently quickly and frequently, says FSA
-
News
Danish FSA warns spread of non-guaranteed pensions could undermine trust
Financial watchdog said danger that customers will lose confidence ‘particularly relevant’ after 2022’s big market losses
-
News
Velliv scolded by Danish FSA for weak actuarial work
Pensions mutual handed several official orders to correct procedures within its actuarial function
-
News
Danish FSA raps PenSam over solvency sums failures
Financial watchdog issues order to Danish occupational pensions provider
-
News
Danish FSA sees room for improvement in way pension funds’ value alternatives
Watchdog reacts to analysis showing widely divergent stated 2022 returns for Danish pension funds’ unlisted assets
-
News
PenSam told to tighten up procedures around private equity valuations
Danish FSA hands out official orders to add paperwork on performance monitoring, amid wider regulatory focus on private equity