DENMARK: BANKS HAVE LOST MARKET SHARE

Article Abstract:

Banks have lost significant market share on the Danish pension market in the past few years. In 1997, banks accounted for 46% of pension savings, now the share is under 25%. At the same time, the number of pension savers has increased. By now, 78% of Danes have a pension scheme, compared with 71% by the end of 1998. Pension companies have won market share as many employers have signed so-called labour market pension schemes for their employees. In addition, pension companies competed between themselves in 1998 by offering high interest rates.

Commercial Banks, Commercial Banking, Market information - general, Statistical Data Included

---

Denmark: Merger between PFA subsidiaries

Article Abstract:

The Danish pension company PFA is to merge the three subsidiaries PFA Pension I, PFA Pension II and PFA Pension III into PFA Pension Invest. Danica and AP Pension have already merged their corresponding companies previously this year. The mergers are due to the removal of tax benefits for split pension companies.

Organizational history, Pension, health, and welfare funds, Abstract, PFA Pensionsforsikringsaktieselskab

---

Similar abstracts:

• Abstracts: DENMARK: ORHUS PORT SUCCESSFUL. Denmark: A.P.Moller on the lookout for partners. NIGERIA: APM TO INVEST IN A PORT
• Abstracts: DENMARK: CONSTRUCTION MARKET IS WEAKENING. Denmark: Property prices forecast to fall. DENMARK: LOW EXPECTATIONS IN CONSTRUCTION SECTOR
• Abstracts: Denmark: Oresund companies join in a marketing drive. Denmark: GMO guarantee results in higher food prices. US: DANISH COMPANIES TO PROMOTE ECOLOGICAL FOOD
• Abstracts: The impact of the quality of a marketing decision support system: an experimental study. Introduction to the special issue on competition and marketing
• Abstracts: Price leadership within a marketing channel: A cointegration study. The analysis of price competition between corporate brands

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.