Longer lives cost ATP DKK4.3bn in H1

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DENMARK - Pension manager ATP Group said it made a DKK4.3bn (US$825m) contribution in the first half of the year to cover the cost of increased life expectancy among Danes, three and a half times last year's provision.

ATP Group made the announcement in its first half report, where it announced overall investment returns of DKK7.5bn in the first six months of the year, though the payment of the life expectancy pr...

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