🇩🇰 Denmark
59 minutes ago
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Business

ATP Loses 49 Billion Kroner in Third Quarter

By Lars Hansen •

In brief

Denmark's mandatory pension scheme ATP lost about 49 billion kroner in the third quarter after rising interest rates hurt returns. Copenhagen Airport halted air traffic for about half an hour after a power outage and fog, and NSK said scammers are using death notices to target elderly people in grief.

  • - Location: Denmark
  • - Category: Business
  • - Published: 59 minutes ago
ATP Loses 49 Billion Kroner in Third Quarter

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Denmark's mandatory pension scheme ATP lost about 49 billion kroner from its investment portfolio in the third quarter, according to Kapitalwatch. ATP had earlier on Wednesday said in a press release that the quarter was challenging and produced a negative return without stating the amount, Ekstra Bladet reported, according to Berlingske.

CEO Martin Præstegaard said in the press release: “We have had a challenging third quarter, where rising interest rates affected the result negatively. It comes after a first half-year where ATP delivered a decent return, so overall we have delivered a positive return for the first nine months of the year. ATP's return for the year has shrunk to 1.5 percent, after 14.5 percent in the first half measured against ATP’s bonus potential. ATP said this does not mean Danish pensioners cannot count on receiving the guaranteed pension.

Air traffic over Copenhagen Airport was halted for about half an hour this morning after a short power outage combined with fog, DR reported. Traffic chief Samuel Rude said in a written quote: “Safety is always our first priority. Two aircraft were redirected to the airport in Malmö in Sweden, and arrivals in Copenhagen were delayed. Air traffic is back to normal.

NSK, Denmark’s National Unit for Special Crime, said criminals are checking online death notices to find elderly people in grief and try to defraud them by phone. The scammers tell the surviving spouse that relatives have inheritance, excess tax or pension from the deceased to be paid out, then ask for card number, expiry date and the three-digit security code before asking the person to approve with MitID. Vice police inspector Allan Lørup said in a press release: “It is deeply distasteful that criminals exploit people in grief to commit fraud. Police encouraged children and other relatives to talk to surviving spouses about being particularly vigilant and said authorities will not call to ask for money or card and MitID details. Police also advised people who receive a call from someone claiming to be from a bank or authority to hang up and contact the company or authority. Police are conducting a preliminary investigation of the cases.

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Published: October 28, 2026

Tags: ATPCopenhagen Airportpension fraudDenmarkNSK

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