Self-elected pension account
Self-selected pension account is for those of you who have your own pension account with us and want access to a larger investment universe.
Possibility of better returns, you can choose how the money is invested
Wide range of pension profiles, with both discretionary management and index-based management.
A large selection of competitive mutual funds to choose from.
Annual cost from only 0.20%
Choose a self-selected pension account in DNB
You get your own pension account where you have a defined-contribution pension, but you are free to choose where and how your money will be managed.
Management costs ofSelf-elected pension account The management fee of Pensjonskonto Flex must be covered by you, but you will receive compensation from your employer. You are responsible for comparing costs before you set up Pensjonskonto Flex.Self-elected pension account.
Do you already have a pension account with us?
This is also an option for those who already have a pension account with us and who want more investment opportunities than the employer has in their agreement.
Good selection
Wide selection of pension profiles and competitive mutual funds
Collect all your savings in one place!
Spare gives you an overview of all parts of your pension, that which your employer has saved for you and what you save yourself, all in one place. If you collect all the savings from us, you’ll get a better overview and can make good choices for your pension.
The Spare app is available to everyone, including people who are not DNB customers.
What the pension account and Pensjonskonto Flex have in common:
- You must be employed in a company with a defined-contribution pension
- You pay the costs for the administration of accrued pension benefits from previous employers yourself
- Your pension capital certificates are collected automatically in the agreement
- The money is locked until retirement age
- You will be given access to pension profiles
- The agreement can be moved to wherever you want at any time
If you have a defined-contribution pension, you receive a pension account automatically. If you want a Pensjonskonto Flex, this is something you have to make the choice to switch to.
What is the difference between the Pension Account and the Pension Account Flex?
| Pension account | Self-elected pension account | |
|---|---|---|
The pension account follows your employment | No, your pension will remain with DNB irrespective of where your employer has its pension scheme | |
Your current employer pays the costs for the savings they have for you | No, but you will receive compensation that corresponds to what the employer would pay for standard management with their supplier | |
Investment choice | You only get access to pension profiles and mutual funds that the employer offers in its pension scheme | You will be given access to a wide selection of pension profiles and mutual funds |
I DNB kaller vi selvvalgt pensjonskonto for Pensjonskonto Flex.
Own pension account FAQs
How much does the self-initiated pension account cost?
Setting up a Pensjonskonto Flex does not cost anything. The management cost you pay will depend on how you want to invest the money and the current price list in DNB at all times.
EU classification of mutual funds
The Sustainable Finance Disclosure Regulation (SFDR) came into effect in the EU on 10 March 2021. This has made it easier to compare financial products and services from a sustainability perspective, through uniform information and increased transparency.
The rules and legislation impose requirements on classifying mutual funds and pension profiles and include different categories depending on investment focus and how the fund is managed.
Pension provider
The pension agreement is provided by DNB Livsforsikring AS.
See self-selected pension account terms and conditions (PDF)Open the file in a new tab
See self-selected pension account fact sheet (PDF)Open the file in a new tab
Sustainability information in the pension profile
Historical returns are no guarantee of future returns. Future returns will depend, among other things, on market developments, the skill of the Portfolio Manager, the mutual fund’s risk, and the management costs. Returns may be negative as a result of mark-to-market losses.
Pensions
Pension savings
See how you can save for retirement
Pension profile
See the options and choose the pension profile that suits you
Move pension to DNB
Get a better overview and make good choices for your pension.
Own pension account
Everyone who has a defined-contribution pension gets their own pension account
Self-elected pension account
Self-selected solution for a pension account
Pensions calculator
Get an overview of what your pension disbursements will be
Individual pension savings (IPS),
Tied pension savings with deferred taxes
Pension capital certificate
Gather all your pension capital certificates in one place
paid-up policies
Read more about accrued pension benefits from former employers
Garanti Livrente
Tailor your own pension
Plan your pension
Read more about how you can plan your retirement
Survivor’s pension
Common name for payments made after a person is deceased