Higher Pensions and Less Risk: Innovation at Denmark’s ATP Pension Plan

9 Pages Posted: 6 Oct 2010

Date Written: October 1, 2010

Abstract

While coming to grips with the challenges of market turbulence, repeated financial crises, and the 2001 introduction of a fair value disclosure regime, Denmark’s Labour Market Supplementary Pension Plan (ATP) concluded that its approach to pension management needed to change. As a result, the organization began to look for a new business model. The goal was to reconcile a return-seeking investment strategy with safeguards to pensions and pension promises through sustainable guarantees and effective risk management. This article describes the resulting series of innovations at ATP designed to provide better pensions for its membership at no additional cost.

Keywords: Investment Strategy, Liability Hedging, Pension Management, Risk Management

Suggested Citation

Dengsoe, Chresten and Rohde, Lars, Higher Pensions and Less Risk: Innovation at Denmark’s ATP Pension Plan (October 1, 2010). Rotman International Journal of Pension Management, Vol. 3, No. 2, 2010, Available at SSRN: https://ssrn.com/abstract=1687747

Chresten Dengsoe (Contact Author)

ATP ( email )

Kongens Vænge 8
DK-3400 Hillerød
Denmark
+45 7011 1213 (Phone)

Lars Rohde

ATP ( email )

Kongens Vænge 8
DK-3400 Hillerød
Denmark

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