Save money by consolidating your pension

Even small differences in costs can have a significant impact on when you can afford to retire.

If you are one of the many Danes with pension savings spread across several providers, you should consider consolidating your pensions in one place. 

By bringing your pension savings together, you avoid paying costs several places. Even small differences in costs can have a significant impact on the value of your pension savings by the time you retire - and ultimately on when you can afford to retire. 

Dreaming of early retirement?

If throughout your working life you pay just 0.5 percent more in annual costs, you may need to stay in the labour market for around two additional years to receive the same level of retirement income. 

If throughout your working life your pay 1 percent extra in annual costs, you may have to postpone retirement by around four years to achieve the same pension benefits. 

If you dream about early retirement, simply consolidating your pension savings can help bring that goal closer - without requiring your to contribute any additional money. 

More advantages

In P+ you benefit from some of the lowest investment costs in the pension sector, leaving more of your money to grow your pension savings.

By consolidating your pension savings, you can also avoid paying for double insurance cover. In addition, having your pension savings in one place gives you a clearer overview of how much you can expect to receive when your retire. 

In some cases, you may also be able to transfer rights from your previous pension provider - for example an earlier retirement age than you have in P+. 


Get an overview and move forward in just a few minutes

In Min pension you can quickly get an overview of whether you have multiple pension schemes that you could benefit from consolidating. You can also use the self-service solution in our app.

If you are in doubt, our advisers are ready to help you assess whether it would be advantageous for you to consolidate your pension. We do not charge for transferring savings to us. And we handle all the practicalities if it is actually beneficial for you to consolidate your schemes in P+. 

Before we can advise you, however, it is important that you download your pension report from PensionsInfo.dk and send it to us via Min pension.

Once we have received your report, you can call one of our advisers on +45 38 18 87 00, and we will review it with you.