Insurer profile
PFA Pension, Forsikringsaktieselskab
PFA Pension, Forsikringsaktieselskab · Denmark
Overview
PFA Pension is a Danish customer-owned pension and insurance company whose group history goes back to 1917. It is owned by PFA Holding A/S, whose shareholders are PFA-Fonden and mainly the founding organizations from 1917, and it offers pension savings, life and health insurance, and investment products.
Source14
Products in this market
Company details
- Parent group
- PFA Holding A/S
- Regulator
- Danish Financial Supervisory Authority (Finanstilsynet)
- Phone
- +45 70 12 50 00
Products from PFA Pension, Forsikringsaktieselskab
Health6
PFA Health Insurance
Private health insurance providing fast access to examinations and treatment at hospitals, clinics, and specialists, typically within 1–10 working days.
PFA Critical Illness Insurance
Insurance that pays a tax-free lump sum upon diagnosis of a serious illness such as major heart attack or certain cancers, with an optional child cover.
PFA Loss of Earning Capacity Insurance
Disability insurance providing monthly payouts and continued pension contributions if the insured's earning capacity is reduced due to long-term illness or accident.
PFA EarlyCare
Advisory and return-to-work support service with a personal Health Guide, automatically included for customers who have PFA Erhvervsevne, available if sick-listed or at risk of long-term sick leave.
PFA Health Line
A telephone advisory hotline staffed by nurses, physiotherapists and psychologists, available anonymously to all PFA pension customers for physical and mental health guidance.
PFA Senior Health Insurance
A health insurance product for customers aged 60–89 with a PFA pension depot, offering continued access to private hospitals, clinics, and specialists.
Life5
PFA Life Insurance
Life insurance that pays a lump sum to the policyholder's nearest relatives upon death, providing financial security for the family.
PFA Instalment Pension (Rate Pension)
A pension savings product where contributions accumulate and are paid out as fixed monthly instalments over a defined period after retirement.
PFA Life Annuity (Livrente)
A lifelong pension annuity product paying a fixed income for the remainder of the insured's life, based on a pooled longevity risk model.
PFA Plus (Market Rate Pension)
PFA's main market-rate pension savings product with selectable investment profiles and a CustomerCapital (KundeKapital) profit-sharing model.
PFA Corporate Pension (Erhvervspension)
Occupational group pension schemes for companies and their employees, including disability, critical illness, life insurance, and health insurance covers.
Financial3
PFA Old Age Savings (Aldersopsparing)
A flexible retirement savings account without tax deduction on contributions, with tax-free payouts; can be drawn down flexibly from retirement age.
PFA Index Plus
A new index-based pension savings product launched in 2026, with the same investment profiles and risk de-escalation as PFA Plus but a simpler, lower-cost portfolio that automatically tracks selected indices.
PFA Payment Security (Indbetalingssikring)
An add-on to the disability insurance (premium waiver) that ensures PFA continues making pension contributions on behalf of the insured during periods of reduced earning capacity.
Regulatory updates
PFA continues to file regular actuarial notifications with Finanstilsynet; in December 2025 PFA filed a notification adjusting cost rates for insurance policies sold through Letpension, effective 1 January 2026. In March 2025, Finanstilsynet conducted a functional inspection of PFA Pension regarding the ongoing valuation of alternative investments (private equity, infrastructure and illiquid credit), with findings published in a July 2025 report. PFA has also adjusted its 'KundeKapital' (Customer Capital) profit-sharing terms, clarifying from April 2025 that returns can be positive, negative or zero, and further reducing contribution rates from August 2026. In June 2024, Finanstilsynet published a thematic sustainability-compliance inspection of PFA, following an inspection initiated in November 2023. In July 2023, Finanstilsynet issued a formal order (påbud) requiring PFA to file new actuarial bases for risk products underwritten as life insurance, including 'Tab af Erhvervsevne' and 'Indbetalingssikring'.
