Annual Report 2025

LD Pensions delivered solid returns in 2025 despite significant geopolitical uncertainty and volatility in the financial markets. These returns bolstered members’ savings, and total assets at the end of the year were higher than expected.

The Holiday Allowance Fund

The DKK 22.4 billion in the Holiday Allowance Fund belongs to 645,000 employees who have left their frozen holiday allowance in the fund as savings to be paid out at a later date.
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The Cost-of-Living Allowance Fund

The Cost-of-Living Allowance Fund, with assets amounting to DKK 24.3 billion, belongs to 360,000 members. The funds originate from the frozen cost-of-living contributions which the fund received from the state in 1980.
View current returns
Log in to the Cost-of-Living Allowance Fund

Latest news

Read about how LD Pensions recently cast its vote at the annual general meetings of Alphabet, Palantir and Meta.

You can also follow LD Pensions’ other initiatives in the area of active ownership.

Nyheder

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Positive returns in both funds

Following a challenging start to 2026, positive returns are once again the hallmark of members’ returns at LD Pensions.

Read more om Positive returns in both funds
Geopolitical turmoil has characterised the first quarter of the year

A challenging first quarter, characterised by geopolitical tensions and rising energy prices, has given way to a more positive market trend in April, and returns are now positive once again.

Read more om Geopolitical turmoil has characterised the first quarter of the year
LD Pensions promotes active ownership

A new partnership with Federated Hermes EOS strengthens LD Pensions’ work on active ownership.

Read more om LD Pensions promotes active ownership

Current tenders

LD Pensions currently has three ongoing tenders in the investment sector.

Two tenders for European and US equities respectively, and one tender for an Environment & Climate equity mandate.

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