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Good morning everyone! As an entrepreneur and self-employed I’m one of the lucky ones who can decide which pension fund I want to use. So that will be my task this week: Find the greenest pension in Denmark and move my existing black pension out of P+ (former DIP).

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Oct 27, 2020Liked by Michael Reibel Boesen

Hi Michael. I liked this issue a lot. Perhaps even more than the old one. Sometimes I read, sometimes I listen to the newsletter and this week I read. This new format definitely leave a better reading experience in my opinion compared to the old. I will ditto looking into moving my pension and also have a good look at my bank and their investment strategy (y)

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So I looked into Danish pensions via the WWF link in the newsletter and here’s what I found out. Although PKA and MP Pension is at the very top (scoring the same amounts of points) they’re quite different in terms of their anti-fossil investment strategy. MP Pension has decided to leave fossil gas investments as they are. That is a total dealbreaker to me and frankly I don’t get why WWF scores them so high because of that. So for me there’s only one option which is PKA. The problem is though that even PKA has still only formulated strategies, they have completed no divestment at all :(.

I’m fortunate that as self-employed I can decide where I want my pension money to go and due to neglect I haven’t actually paid for one in some years now. So what I’ve done instead of going full PKA is to create a private “rate-pension” via Nordnet. Here I can decide myself how to invest and I can put it only in green funds that satisfy my pretty strict requirement for no fossils at all. I will also have a chat with PKA about setting up a “livrente” probably... Haven’t decided 100% on that yet as I’m frankly not satisfied by even the greenest pension fund in Denmark..

Anybody else looking at pension in Denmark or other countries?

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