DENMARK - The Danish government wants to set up a DKK5bn ($880m) venture capital pool with the country's pension funds to invest in small and medium sized domestic businesses.
The Economy and Business Affairs ministry said most of the money should come from Danish pension funds such as ATP. Part of the money should be used for loans that would match up to DKK6m kroner in private capital invested in small companies, the ministry added.
"It's in the pension funds' interest that we ensure we have a dynamic business sector," said Prime Minister Lars Loekke Rasmussen said in a news conference.
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In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
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Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?