Corporate pension for small and large companies

Corporate pension for small and large companies

Corporate pension with PFA is for all companies – small and large

Corporate pension typically provides your company with a comprehensive solution, where one part focuses on long-term and risk-managed savings for retirement. The other part focuses on providing security for you and your employees through various insurance cover options.
You can tailor your plan to suit your company and the composition of your employees.
Each employee can individually adjust their voluntary payments and the level of coverage for the insurance. In this way, we can provide greater security for your employees.

 

Benefits of a corporate pension plan with PFA

With a corporate pension plan with PFA, you and your employees gain, among other things:

 

  • Long-term savings for retirement

  • Insurance for employees that provides support when the unexpected happens

  • Personal advisory services, providing access to individual adjustment of savings, insurance and investment choices access to investment solutions with numerous self-selection options
  • Access to investment solutions with numerous self-selection options

  • Access to an overview and self-service via our app

  • Special benefits for you and your employees throughout life such as access to housing, student housing for your children, senior housing and private insurance with Købstædernes Forsikring.

 

Contribute to the type of pension savings you prefer

When each employee makes payments to a corporate pension plan, they can choose between three different types of pension savings:

 

 

Old-age saving plans

Here, the funds are paid out either as a lump sum or in larger instalments, according to the individual’s preference.

 
 

Instalment pension plans

Here, the funds are paid out in fixed instalments over a specific number of years – such as 20 or 30 years. 

 

Life pension plans or life annuities

Here, a monthly amount is paid out from the pension savings for as long as you live. 

 

Read about the different savings types here
Se mindre

Each type of pension savings has its advantages and disadvantages, which is why it is important to receive the right guidance. This ensures the best solution for each employee, not just for the pension savings itself, but also when considering the bigger picture, which may include income from other public benefits such as the state pension and early retirement.

What type of savings plan can I choose?

Your employees’ pension savings can be invested in various ways within PFA’s investment universe. The savings are based on market rates, which means that employees bear the investment risk themselves.

Employees can receive advice by calling PFA’s Advisory Services Centre or by booking a consultation. They also have the option to use PFA’s digital self-service platform, My PFA, where they can, among other things, complete an investment guide and receive a recommendation on the type of investment that suits their risk and return preferences.

 

PFA Plus – provides the opportunity for higher returns with adjusted risk

However, this also means that each employee assumes the investment risk themselves.

PFA Plus considers employees’ varying attitudes towards risk. The concept includes three investment profiles with different risk levels and return potentials.

In all investment profiles, the risk is automatically reduced as the employee approaches retirement age, and the reduction continues after the employee has retired.

Read more about PFA Plus

PFA Climate Plus – invest your pension savings with added focus on climate

PFA Climate Plus has an added focus on climate in its investments.

In PFA Climate Plus, your savings are invested in companies that promote the green transition by contributing to a low-emission economy. This can, for example, include wind and solar energy, forestry and sustainable properties. As a starting point, the return in PFA Climate Plus is expected to be slightly lower and to experience slightly greater short-term fluctuations than the return on other pension savings in PFA.

On My PFA, each employee can assess their risk tolerance and preferences for climate-focused investments.

Read more about PFA Climate Plus

PFA CustomerCapital

As PFA customers, your employees become part of a strong customer community, where you can benefit from the profit generated by PFA Pension. This is done through PFA CustomerCapital, which is PFA Pension’s model for profit and risk sharing.

Each year in April, the return for the previous year is allocated to customers’ savings. For 2024 the interest on CustomerCapital was 10 per cent before pension yield tax.

In future, the interest rate on CustomerCapital may change and may even become negative.

 Read more about CustomerCapital 

 

PFA Flexible – select your own risk profile

In PFA Flexible, each employee can create their own risk profile by choosing the allocation between the Low and High-Risk funds.

In PFA Flexible, the risk is not reduced as the employee approaches retirement. Here, the employee adjusts their own risk profile. PFA ensures that the chosen risk is rebalanced every six months, maintaining the selected risk profile regardless of investment performance.

It is possible to choose to have a portion or all of your savings invested in PFA Climate Plus.

Read more about PFA Climate Plus

Read more about PFA Flexible

You Invest – decide for yourself how your pension savings should be invested

If employees choose to invest their savings through You Invest, they gain access to a range of investment funds that invest in various assets (shares, bonds, commodities, properties).

Here, each employee decides how their pension savings should be invested, as well as the composition of assets such as shares, bonds, properties and commodities, based on the available investment funds.

Employees who have chosen to invest through You Invest decide for themselves whether to make changes to their investment composition.

PFA solely ensures that the funds regularly contributed are invested in the composition of investment funds chosen by the employee.

Read more about You Invest

 

Insurance cover for corporate pension plans

A corporate pension plan not only provides income for your employees when they retire. It also includes various insurance plans that can provide the employees with coverage if they become seriously ill and are unable to work.

Occupational Capacity Insurance

PFA Occupational Capacity - regular payouts, provides monthly payouts, which typically will be a percentage of the employee’s current salary. Also, in most cases, PFA will take on the payments to the employee’s pension plan, meaning that both savings and most of the insurance cover will continue unchanged while the employee’s occupational capacity is reduced.
Read more about Occupational Capacity Insurance

Health Insurance

PFA Health Insurance provides quick access to examination and treatment at hospitals, clinics and by specialists. PFA Health Insurance is not just for the employees themselves. It is also possible for each employee’s children and partner to be covered.
Learn more about PFA Health Insurance 

Critical illnesses

PFA Critical Illness is an insurance plan that provides access to a payout in the event of certain critical illnesses. How the individual employee spends the money is up to them – they can, for instance, spend it on extra personal care, extra treatment, a recuperation stay or alterations to their home.
Read more about PFA Critical Illness

Receive prompt treatment with PFA EarlyCare

Stress as well as other serious illnesses can have severe consequences if the problems are not treated. With PFA Earlycare, employees can quickly access treatment. The employees will be assigned a Health Guide who helps tailor a programme specifically for them.
Learn more about how PFA EarlyCare can help 

Life insurance

PFA Life is a life insurance plan that provides financial security for an employee’s dependants in the event of death before retirement. Generally, PFA recommends that the payout level from PFA Life should be sufficient to enable the employee’s family to maintain their standard of living for up to four years after the death.
Read more about PFA Life

 

My PFA provides an overview of your pension plan

At My PFA, you and your employees can get an overview of your pension plans. Here, you will not only find updates on returns, interest on CustomerCapital and an overview of insurance cover – but also some simple and user-friendly tools that show you how to make the most of your pension.

Log in to My PFA

Options for Liberal professions and self-employed persons

PFA has developed special competences within law, accountancy and consultancy firms (liberal professions), which often involve unique ownership and tax conditions – for example, within the business taxation scheme.

This type of business can also benefit from special insurance plans, which does not cover general occupational capacity but instead provides profession-specific coverage.

Self-employed persons can also access special insurance plans that considers the potential for income to vary from year to year.

A large community has many advantages

As a PFA customer, you and your employees can enjoy a range of benefits – some provide value here and now, while others can be passed on to your families. For example, you have access to rental housing, student housing for your children and grandchildren, will service and much more.

Read about all the benefits here

Learn more about corporate pension

Call our Business Centre to learn more about how we can assist your company.
We look forward to speaking with you.

Call us at (+45) 70 80 90 30