Regulatory Alerts2020-05-14
Order on Pension Fund Business and the Technical Basis for Company Pension Funds
The Danish Financial Supervisory Authority issued this order to regulate the technical basis, actuarial declarations, and underwriting principles for company pension funds. It mandates strict notification procedures for technical changes, requiring clear documentation, actuarial verification, and public accessibility of key data. The regulation also establishes specific rules for benefit-defined schemes, including contribution suspension, exit benefits, and health assessments, with penalties for non-compliance.
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