Danes to withdraw DKK25bn of pension savings

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DENMARK - Danes could withdraw DKK25bn (US$4.4bn) from their pension savings if a government proposal to release part of the savings managed by ATP is approved in May, the fund has said.

The proposal - which is very likely to become a law in May - would allow 2.9 million Danes to withdraw the savings under the Special Pension Savings Scheme (SP), managed by ATP. According to a s...

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