The association Norliv

Family winter

As a customer of Nordea Liv & Pension you are automatically a member of Norliv, the association formerly known as Foreningen NLP – and it’s free.

Norliv acquired 25% of the shares in Nordea Liv & Pension in November 2016 – in this way all our 300,000 customers automatically became co-owners of their pension provider.

Norliv is backed by DKK 8bn of capital. Only customers of Nordea Liv & Pension are members of the association and can influence the way its returns are to be used. Norliv also obtains a share of Nordea Liv & Pension’s future profits corresponding to the association’s 25% ownership interest.

As a member you can:

  • stand for and vote at elections of members for the board of representatives – giving you direct influence on the association’s activities 
  • be elected to the association’s board of directors 
  • share in the profits of the new association in a potential future bonus scheme.  


Read more at the association’s website

You can read more about the new association, elections, investments etc on the association’s websiteÅbner i nyt vindue (in Danish). 

Background How Norliv is managed Elections FAQ Background

Norliv has a historical affiliation with TryghedsGruppen.

Until 6 August 2015 customers of Nordea Liv & Pension and Tryg were automatically members of TryghedsGruppen.

With the founding of the new association on 6 August 2015, customers of Nordea Liv & Pension got their own independent association.

How Norliv is managed

The top decision-making body of the association is the board of representatives consisting of 50 members, all democratically elected by and among the members.

Seven members of the board of representatives are elected to the board of directors – two of these are furthermore appointed to represent the association on Nordea Liv & Pension’s board of directors.

Elections for the board of representatives are held every second year, alternating between eastern and western Denmark.

The board of directors consists of:

  • Peter Gæmelke (chariman)
  • Kent Petersen (deputy chairman)
  • Heine Callisen Brogaard
  • Viggo Nedergaard Jensen
  • Peter Lindholm Sørensen 
  • Cathrine Riegels Gudbergsen
  • Ane Hendriksen 
Elections

Elections for the board of representatives are held every second year, alternating between eastern and western Denmark.

This means that members are initially elected for a 4-year period. 

Here you can see the number of candidates to be elected in the two election districts by the various regions in Denmark (50 candidates in total):

  • Election district east: Capital Region, Region Zealand
  • Election district west: Region of Southern Denmark, Central Denmark Region, North Denmark Region

The next election will be held in election district west in 2018. 

Read more on the association’s websiteÅbner i nyt vindue (in Danish).

FAQ

SpørgsmålSvar
When was Norliv founded?Norliv was founded on 6 August 2015 under the name of Foreningen NLP. The association changed its name to Norliv in March 2017.
How do I become a member of Norliv?All customers of Nordea Liv & Pension are automatically members.
Do I have to pay for membership?No, membership is free of charge.
How is Norliv affiliated with TryghedsGruppen?

The association has a historical affiliation with TryghedsGruppen. Until 6 August 2015 all customers of Nordea Liv & Pension and Tryg were automatically members of TryghedsGruppen. With the founding of Norliv, customers of Nordea Liv & Pension got their own independent association.

How do customers exercise influence on the association?

Customers of Nordea Liv & Pension can stand as candidates for the board of representatives and they are eligible to vote at elections. Read more on the association’s websiteÅbner i nyt vindue (in Danish).

How is Norliv managed?

The association is managed by a board of representatives of 50 members elected among the customers. The board of representatives elects a board of directors of seven persons among its members. Read more on the association’s websiteÅbner i nyt vindue (in Danish).

What is the term of office of a member elected for the board of representatives?
The term of office is four years. Please note that it is not possible to remain a member of the board of representatives if the member’s customer relationship with Nordea Liv & Pension ends.
How many candidates must be elected from the two election districts?

Here you can see the number of candidates to be elected in the two election districts by the various regions (50 in total): 

Election district east: Capital Region (15), Region Zealand (7) 

Election district west: Region of Southern Denmark (11), Central Denmark Region (11), North Denmark Region (6)

Is Norliv represented on Nordea Liv & Pension’s board of directors?Yes, the association is represented with two members on Nordea Liv & Pension’s board of directors: Peter Gæmelke and Kent Petersen.
Is Nordea Liv & Pension part of Norliv’s management?

No, only customers of Nordea Liv & Pension can stand for election to the board of representatives of the association. Nordea Liv & Pension is neither represented on the association’s board of representatives nor its board of directors. 

Read more on the association’s websiteÅbner i nyt vindue (in Danish).