PFA Flexible

PFA Flexible is for anyone who wants PFA to manage their investments, but want to determine the investment risk of their savings. You do not need to learn about shares, bonds, the real estate market, interest rates or alternative investments. Our specialists manage your money in the best possible way, based on the risk you are willing to take in relation to your return expectations.

PFA Flexible

With PFA Flexible, you can freely choose how savings are allocated between PFA’s low and high-risk funds. You decide the allocation between funds and can adjust it on an ongoing basis. You can adjust your allocation up to 3 times per month at no cost. If you do not change your allocation, it will remain the same and the risk will not reduce gradually as you approach retirement and after you have started payouts on your pension.

PFA ensures that the allocation between high and low-risk funds is adjusted at least twice a year to ensure that your savings have the intended risk level chosen. 

With PFA Flexible you choose your own risk level.

The Low-risk funds
The Low-risk funds invest in low-risk assets. The funds mainly invest in bonds and similar investments. These include credit bonds, government bonds, infrastructure, property and forest. The Low-risk funds consist of a Low-risk fund and a PFA Climate Plus Low-risk fund.
The High-risk funds
The High-risk funds invest in high-risk assets. The funds invest mainly in shares and similar investments. The risk level is comparable to that of a diversified global share portfolio and the investments are therefore mainly oriented towards listed and private companies as well as high-risk infrastructure. The High-risk funds consist of a High-risk Fund and a PFA Climate Plus High-risk fund.


 
See the returns for PFA Flexible

Is PFA Flexible the right choice for you?

When it comes to risk appetite, everyone has their own preferences. Your choice of risk affects your pension savings and therefore your future pension payouts, so the risk/return ratio must also be right for you.

The investment of your savings should therefore reflect your risk profile, your finances and what your overall long-term savings look like.  

You can quickly get an idea of whether PFA Flexible is the right choice for you by answering some simple questions about your return expectations and risk appetite in the Investment Guide at My PFA. All you need to do is log on to My PFA and find the guide under the Investment section.

 
Try the investment guide at My PFA

PFA Climate Plus – an option that further the green transition

In PFA Flexible, you can also choose a share of PFA Climate Plus.

With PFA Climate Plus, you can place your pension savings in investments that help further the green transition by being focused on a low CO2 footprint, investments in assets that support the green transition, as well as active ownership. This is by selecting investment profile in PFA Plus and thereafter you select a part of PFA Climate Plus.

With PFA Climate Plus, you invest your pension savings based on three climate criteria:
 

Increased focus on CO2

The PFA Climate Plus equity portfolio must emit 60 % less CO2 than the world equity index measured across the full value chain1.

Exclusion of oil, coal and gas

Oil, coal and gas companies are excluded i.a. by following the exclusion criteria of the EU Paris-Aligned Benchmark (PAB) in the equity portfolio2.

Carbon-neutrality in 20253

The ambition is for the investments in PFA Climate Plus to be carbon-neutral by the end of 2025 and carbon-negative4 by the end of 2030 measured by scopes 1 and 2

 
Please note that investments that support a low carbon footprint are not necessarily sustainable in themselves.

  
1MSCI All Countries World Index, CO2 is measured using scopes 1, 2 and 3.
2Defined by Article 12 “Exclusions for EU Paris-aligned Benchmarks”, COMMISSION DELEGATED REGULATION (EU) 2020/1818 of 17 July 2020.
3The ambition is to be achieved by investing in forestry and technology that capture CO2 from the atmosphere.
4Carbon-negative means that the underlying investments remove more CO2 from the atmosphere than they emit.

Learn more about PFA Climate Plus