Questions and answers
– changes to Danica Balance
Change to investment strategies
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The change gives our customers the potential for higher returns, as equities have historically yielded higher returns than bonds. This implies increased risk, including greater fluctuations in your savings, but also the potential for higher pension benefits. -
The change to the proportion of your pension savings we invest in equities and similar investments will be made from 1 April 2026 and over the following few months. -
The changes will also be effective for you on 1 April 2026, when your investment strategy will automatically be adjusted according to your new status as a retiree. -
The changes will take effect automatically, and you do not have to do anything. You will only be required to do something if you want to change to a different investment strategy than the one you currently have. -
The proportion of your pension savings we invest in equities and similar investments will be adjusted as part of the changes. If you want to invest a higher or lower proportion of your pension savings in equities etc., you can choose a different investment strategy. See your options on this page or in Netpension. You are also welcome to contact us. -
You can see your chosen investment strategy in the letter you received from us in e-Boks – and in Netpension under ‘How your savings are invested’. -
Danica Balance offers a choice of nine different investment strategies. Three of these have decreasing risk profiles, meaning that we gradually reduce risk as you get older. In addition to these, we have six investment strategies with a fixed risk profile.
If you want to invest your pension savings yourself, Danica Link or Danica Select will be the right choice for you. Click here to learn more.
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On this page, you will find information about the other investment strategies, so that you can assess whether your current investment strategy is the right one for you.
You are also welcome to contact us to go through your options and ensure that your investment strategy matches your needs. -
Until 30 June 2026, you can change your investment strategy free of charge. After that date, you will be charged the normal fee of DKK 1,050 to change your investment strategy. -
There is always a degree of uncertainty in the world.
The reason for increasing the proportion of equities and similar investments for a large part of our customers is that we expect equities and similar investments to yield higher returns than bonds over time – which has historically been the case. And although equities and similar investments fluctuate more in value and, at times, yield negative returns that may result in lower pension benefits, we believe that the potential for higher benefits outweighs the risk of lower benefits over time.
It is always possible to adjust your investment strategy to match your wishes and needs.
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The part of your pension savings that you have placed in Danica Balance Responsible Choice will still be invested to match the risk level applying to Danica Balance without Responsible Choice. -
The investment strategy ‘100% Offensiv’ will not be changed at 1 April 2026. This investment strategy will thus remain the same as today. -
The investment strategy ‘100% Defensiv’ will not be changed at 1 April 2026. This investment strategy will thus remain the same as today.
Removal of the option of attaching a guarantee
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If you deselect your guarantee, you will not be able to attach a guarantee again after 1 April 2026. -
If you deselect your guarantee, you should note that you will not be able to undo your decision after 1 April 2026. -
You will still be able to increase your contributions to your pension scheme with a guarantee – whether or not the guarantee has taken effect. The only change we are making for customers like you who have a Danica Balance scheme with a guarantee is that, if you deselect your guarantee, you will not be able to undo this decision after 1 April. -
The change will be effective from 1 April 2026. After that date, you will no longer be able to attach a guarantee to your Danica Balance scheme. If you have already attached a guarantee, you will automatically keep it – whether or not it has taken effect. -
Yes, you will still have the option to deselect your guarantee after 1 April 2026 if you want to. If you deselect your guarantee after 1 April 2026, you will not be able to attach a guarantee again. -
We have decided to remove the option of attaching a guarantee because we assess that it is no longer financially attractive to do so. We believe that risk and security are better combined under the existing investment options without a guarantee. Since 1 January 2020, our standard recommendation to customers has therefore been not to attach a guarantee. Since we changed our standard recommendation in 2020, the demand for guarantees has been very limited. That is why we are now removing the option of attaching a guarantee.
If you have a guarantee that has already taken effect, or that will take effect when you approach retirement, you will keep your guarantee. Please note that, even today, we recommend those of our customers who have a guarantee that has not yet taken effect to deselect the guarantee a few months before it takes effect. If your guarantee has taken effect and you are unsure whether it is still the right choice for you to have a guarantee, you are welcome to contact us for advice.
