LD Pensions exists to create value for our members. It is therefore important to us that we rank amongst the best in terms of returns, costs and member satisfaction. Our vision is to be Denmark’s leading investment fund – even in 20 years’ time.
We engage with the world we are part of, and we are committed to ensuring that our investments contribute to sustainable development. We also strive to be a workplace of which we, as employees, are proud. What we do is meaningful.
We aim to grow the assets in both funds as effectively as possible, thereby creating a supplementary savings pot for members when they leave the labour market. Long-term asset growth is determined both by our performance and by the payouts made to members.
Two foundations – one organisation
LD Pensions manages and invests the savings of just over 1 million Danes in two separate funds – The Cost-of-Living Allowance Fund, established back in 1980, and The Holiday Allowance Fund, established almost 40 years later, in 2018. We have total assets of DKK 46 billion (as at the start of 2025) and significant investment advantages in managing two separate portfolios.
The two funds operate under the same legal entity and have the same management structure and business model. However, the funds are separate financial entities within LD Pensions, which is the legal entity.
The investment partnership between the two funds ensures low costs and access to qualified investment advisers in all key areas.
Organisation
LD Pensions places great importance on finding suitable partners for tasks that can be carried out through administration and consultancy agreements. This enables LD Pensions to carry out its tasks with a relatively small in-house administration team.
The use of partners means that LD Pensions’ organisation consists predominantly of staff who carry out management tasks as well as investment and accounting control functions in relation to the partners.
From Dyrtidsfonden to LD Pensions
LD Pensions was established in 1980 as Dyrtidsfonden. Its purpose was to manage frozen cost-of-living allowances. In 2018, with the adoption of a new holiday pay act, our remit was expanded to include the management of the frozen holiday allowance funds following the transition to the new legislation.
To cater for both member groups, we changed our name to LD Pensions and adapted our structure so that we now have two funds – the Cost-of-Living Allowance Fund and The Holiday Allowance Fund – under the same legal entity. One organisation, two funds.
