As a Velliv customer, you are automatically member of Velliv Foreningen – free of charge.
In November 2016, the association Norliv acquired 25 per cent of the shares in Nordea Liv & Pension – thus automatically making all of Nordea Liv & Pension's 300,000 customers co-owners of their pension company. In April 2018, Velliv Foreningen acquired another 45 per cent of the shares in Velliv, meaning that Velliv Foreningen now owns 70 per cent. In the coming years, Nordea will be bought out completely, giving Velliv Foreningen full ownership of the company.
Velliv Foreningen has DKK 8 billion worth of funds, and only Velliv customers are members of and can have an influence on how the return should be spent. Moreover, the association will get a share of Velliv's future profit, corresponding to the shareholding of 70 per cent.
As a member you can:
- Stand for and vote in elections for the Board of Representatives - this is your opportunity to have direcet influence on the activities of the association.
- Become elected for the Board of Directors of the association
- Get specific members' benefits in the form of bonus payment.
Read more on Velliv Foreningen's website
You can read more about the new association, about elections, etc. on Velliv Foreningen's own website.
Velliv is the result of a historical affiliation with TryghedsGruppen. Until 6 August 2015, customers of Nordea Liv & Pension and Tryg were automatically members of TryghedsGruppen. With the foundation of the new association on 6 August 2015, customers of Nordea Liv & Pension had their own, independent association.
Management of Velliv
The supreme authority is the Board of Representatives. It has 50 members all of which are democratically elected by and among the members. Seven members from the Board of Representatives are elected for the Board of Directors. Velliv appoints six members for Velliv's Board of Directors. Elections for the Board of Representatives are held every two years – alternately in East and West Denmark. The Board of Directors comprises: Peter Gæmelke (Chairman), Kent Petersen (Deputy Chairman), Finn Andersen, Viggo Nedergaard Jensen, Peter Lindholm Sørensen, Cathrine Riegels Gudbergsen and Ane Hendriksen.
Elections for the Board of Representatives are held every two years. The elections are held alternately in East Denmark and West Denmark. This means that candidates are generally elected for a 4-year period. Here you can see how many candidates are to be elected in the two electoral districts broken down by the different regions (50 in total): Electoral District East: Capital Region, Zealand Electoral District West: Southern Denmark, Central Jutland, Northern Jutland. The next election will be held in Electoral District East in 2020. Read more on Velliv Foreningen's website (opens in a new window).
When was the association Velliv Foreningen founded?
Velliv Foreningen was founded on 6 August 2015 under the name Foreningen NLP. The name of the association was changed to Velliv Foreningen for customers of Velliv in March 2017.
How do you become a member of Velliv Foreningen?
All customers are automatically members.
What does it cost to be a member?
Being a member is free.
How is the affiliation of Velliv Foreningen with TryghedsGruppen?
Velliv Foreningen is the result of a historical affiliation with TryghedsGruppen. Until 6 August 2015, all customers of Velliv and Tryg were automatically members of TryghedsGruppen.
With the foundation of Velliv Foreningen, customers of Nordea Liv & Pension had their own, independent association.
- How can customers influence the association?
How is the association managed?
The association is managed by a Board of Representatives consisting of 50 customers elected by the customers. The Board of Representatives elects a Board of Directors of 7 people among its members.
Read more on
How long is the term of office if you are elected for the Board of Representatives?
The term of office is 4 years. However, please note that it is not possible to continue as a member of the Board of Representatives if the customer relationship is terminated.
How many candidates are to be elected from the two electoral districts?
Here you can see how many candidates are to be elected in the two electoral districts broken down by the different regions (50 in total):
Electoral District East: Capital Region (15), Zealand (7)
Electoral District West: Southern Denmark (11), Central Jutland (11), Northern Jutland (6)
Is Velliv Foreningen represented on Velliv's Board of Directors?
Yes, Velliv Foreningen has six members on Velliv's Board of Directors.
Is Velliv part of the management of Velliv Foreningen?
No, only customers of Velliv can stand as candidates for the Board of Representatives of Velliv Foreningen. Velliv is not represented on the Board of Representatives or the Board of Directors of Velliv Foreningen.
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