DENMARK - Nordea Asset Management & Life - the newly created unit of financial services firm Nordea - has finalised the structuring of its life and pensions division.
The Copenhagen-based firm will consist of six business units: Investment Management: Life & Pensions; Investment Funds; Long Term Savings & Life; Nordic Private Banking; and European Private Banking.
Additionally, Life & Pensions operations include Tryg Pension (Denmark); Vesta Pension (Norway); Livia (Sweden); Nordea Life (Finland); Nordea Zycie (Poland) as well as activities in Luxembourg and the Isle of Man.
By Madhu Kalia
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