PKA pension funds return between 13 and 15% in 2004

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DENMARK - The eight occupational pension funds within the DKK 90bn (e12bn) Pensionskassernes Administration (PKA) group have posted strong returns in 2004 on the back of historically low interest rates.

The funds’ posted returns before tax of between 13% and 15%. Commenting on the funds’ performance, CEO Peter Damgaard Jensen (pictured) said: “We are extremely satisfied with the returns for 200...

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