Annual report 2013

From 2012 the annual report is only published in Danish.

The annual report for 2013 can be found via the link below

 Årsrapport 2013

Summary of LD’s annual report 2013.

About the members

A return of 8.2 per cent on LD Vælger ensured that 2013 was a very satisfactory year for LD.

The savings of the members were increased and the value of a full-time account surpassed DKK 118,000 at the end of the year. A full-time account has increased its value by more than DDK 35,000 in the last five years.

The satisfactory return has also been a contributing factor to the fact that the members to a greater extent have chosen to leave their savings in LD even after they have turned 60, where they otherwise would be entitled to withdraw their savings. At the end of 2013, the share of 60-year-old members, who had chosen to maintain their savings in LD, accounted for 38 per cent of the total number of members.

In 2013 the number ofwithdrawals added up to  35,788, which is a decrease of 10.8 per cent compared to 2012 and on par with 2010 and 2011. The number of transfers from LD decreased in 2013 and yet again it reached its lowest number since the “transfer right” was introduced in 2005. No more than 1,078 members chose to transfer their savings to another pension provider. At the end of 2013 LD’s total number of members was 749,000 and member assets amounted to DKK 53.4 billion.

About LD

For a number of years LD has pursued a strategy, where activities, which with advantage may be handled outside LD’s organisation, are outsourced to carefully selected external collaboration partners. This process continued in 2013 where LD submitted a EU tender about membership administration and IT-operations, and in December 2013 LD entered into a collaboration agreement with FDC A/S.