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In English | Velliv Foreningen
Velliv Foreningen (Te Velliv Association) has around 340,000 members, all of whom are customers of Velliv (formerly Nordea Life & Pension).
How te association came into being
Velliv Foreningen was founded on 6 August 2015 by demerger from TryghedsGruppen. Te association was originally called Foreningen Norliv. Te association has around 340,000 members, all of whom are customers of Velliv (formerly Nordea Liv & Pension). Upon its founding, te association Velliv Foreningen had assets of DKK 8 billion.
Te aims of Velliv Foreningen
Te association aims to ensure a strong democratic basis through members' engagement with and participation in te association's elections, bonuses and other member benefits. Te association also works to promote good mental health in Denmark through charitable donations.
Danish Financial Supervisory Authority approves te founding of te association Te association is established with a Board of Representatives based in TryghedsGruppen
National elections to te Board of Representatives and formation of te Board of Directors Board of representatives agrees a strategy for te association and a sub-strategy for its charitable activities Board of Representatives resolves to acquire 25% of te members' pension company Nordea Liv & Pension Secretariat is established and composed
Change of name from Foreningen NLP (Association NLP) to Norliv - te association for customers of Nordea Liv & Pension. Members' meetings are held across Denmark A model for payment of members' bonuses is agreed Board of Representatives resolves to acquire a further 45% of Nordea Liv & Pension from Nordea
Elections to te Board of Representatives in te regions west of te Great Belt First payment of members' bonuses to be agreed Opening of funding applications for activities that promote good mental health. Te name is changed to Velliv Foreningen at te same time as Nordea Liv & Pension changes name to Velliv.
An important ambition of te association is to engage members in elections to te Board of Representatives, as this is a prerequisite for a thriving association democracy that reflects te members' interests.
Furthermore, te association aims to grant specific member benefits to individual members in te form of a bonus payment. Te association's Board of Representatives has resolved that 80% of its returns should go on bonus payments. Te total amount of bonus payments is agreed each year at te ordinary meeting of te Board of Representatives in te spring.
Te remaining 20% of te returns go to charitable activities that promote mental health in Denmark. Mental health issues are a particular growing challenge for Denmark. Stress related issues results in around 35,000 people being off work sick every day, added to which are symptoms of anxiety, depression, sleeping difficulty and loneliness, which have also been increasing in recent years. This has enormous welfare consequences for te individual and their family as well as major financial consequences for companies and te public sector. Norliv wants to help address this challenge through preventive efforts.
Velliv Foreningen is a representative democracy in which, every four years, te association's 330,000 members or so based in te five Danish regions can stand for election to or vote in elections for te association's Board of Representatives. Thus, it is ultimately te members who determine te direction of te association.
Te supreme authority of te association is te Board of Representatives. This consists of approx. 50 representatives elected by and from among te members. Te Board of Representatives establishes te framework for te association's work, elects te Board of Directors and approves general strategies, financial statements, articles of association etc. Elections to te Board of Representatives take place every two years alternately in te regions east and west of te Great Belt.
Te Board of Representatives elects seven board members and two deputies from Velliv Foreningen. Te Board of Directors manages te association and takes decisions on te association's investments.
Te Board of Directors has appointed an Investment Committee comprising te board's chairmanship, Peter Gæmelke and Kent Petersen, and te association's CEO, Lars Wallberg. Te Investment Committee takes decisions on adjustments to investments within te framework established by te Board of Directors.
Te association's Secretariat serves te association policy forums, undertakes monitoring and adjustment of asset management, provides member services and other administrative service functions, and assumes responsibility for administering and preparing charitable donations for approval by te Board of Directors.
Solid returns on te association's assets are a precondition for te Velliv Association being able to create value for its members and Danes in general. It is te returns that will ensure a good cash bonus to te members and fund te association's charitable activities.
In 2017, te association acquired a 25% stake in Velliv (formerly Nordea Liv & Pension), and in 2018 a further 45% stake which was approved by te Danish Financial Supervisory Authority in te spring of 2018. Te association owns 70% of te pension company and is thus te majority shareholder in te company. In te coming years, te pension company Velliv (formerly Nordea Liv & Pension) will conduct a share buyback programme directed at Nordeas remaining shares so that Velliv Foreningen will own 100%. At that point Velliv will become a fully customer-owned company.
Due to te acquisition of Velliv (formerly Nordea Liv & Pension), te composition of te association's investments are changing and a new investment strategy is being implemented.
Nyt om ansøgninger og uddelinger
Har du spørgsmål om foreningens udvikling og arbejde, kan du kontakte os her.
22 60 07 12
Vil du vide mere om din pensionsordning og andre kundeforhold, kan du kontakte Velliv.
70 33 99 99
Støtte til mental sundhed
Har du spørgsmål til vores almennyttige aktiviteter, kan du kontakte os her.
22 60 07 38
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