ATP to raise pensions by 2%

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DENMARK - ATP has announced plans to raise all pensions and pension commitments by 2%, despite recording a net loss of DKK7.3bn (US$1.44bn) in the first half of 2008.

Announcing its H1 results, ATP said its financial position was sufficiently strong to warrant the rise, which would increase its pension commitments by DKK5.6bn. After the net profit for the pe...

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