Neste Oil transfers scheme to OP Life Assurance


FINLAND - Neste Oil will transfer is supplementary pension plans to insurer OP Life Assurance, the firm said today.

The transfer of €270m (US$435.9m) in liabilities will be complete in April 2010. The liabilities are currently part of the Neste Oil Pension Fund. The supplementary plan covers employees who joined...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now


Already a Professional Pensions


More on Finland

VER up 5.3% in Q1

FINLAND - Valtion Elåkerahasto (VER), Finland's state pension fund, gained 5.3% during the first quarter on the back of its equity investment performance.

clock 06 May 2010 •

Pension funds invest in Finnish bonds

FINLAND - European pension funds scooped up nearly a fifth of Finland's recent €3bn (US$4.4bn) bond issuance, the State Treasury said.

clock 13 October 2009 •

Surviving the global crisis

Finland has been feeling the impact of the global economic crisis, but unlike other countries it has strong diversification tactics

Sebastian Cheek
clock 28 May 2009 •