Regulator approves merger of LHV and Danske pension funds ({{commentsTotal}})

The group’s pension funds subsidiary, LHV Varahaldus, has received permission of the Financial Supervision Authority to take over Danske’s pension funds, which it had bought in spring.

After the takeover Danske Capital AS will cease its operations, its legal successor being LHV Varahaldus. LHV had bought Danske’s funds earlier this year, but needed regulatory approval to merge them with its own.

Danske announced in 2015 that it would concentrate on its business clients in Estonia, and sell its other assets.

Editor: Editor: Dario Cavegn



Siim Kallas.

Interview: Siim Kallas on ambitions, Estonian politics, and EU presidency

Following the local elections in October this year, Reform Party founder, former prime minister, EU commissioner, and presidential candidate Siim Kallas took on the job of municipal mayor of Viimsi, a community on the outskirts of Tallinn. In his interview with ERR's Toomas Sildam, Kallas talks about local government, his party, the EU presidency, and perspectives in Estonian politics.

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