The new platform, the Special Pensions Savings Scheme (SPSS), will enable Danish investors to choose from roughly 200 funds both at home and abroad, including 12 Janus World Funds (JWF), the report said.
The SPSS will comprise part of the statutory pension system in Denmark. With 43 billion crowns in assets and 3.3 million participants, it will be the nation's largest unit-linked plan. Assets are currently managed by the Danish Labour Market Supplementary Pension Scheme, Reuters said.
Assets have more than doubled since 1999, while cross-border funds grew 16% during 2003, according to research firm