The Council for Return Expectations draws up and publishes background notes and other documentation on its work on setting return assumptions.
The common return expectations are updated every six months
When the council publishes new expectations, they describe the changes in the expectations in relation to last time and explain the background to these changes.
The common return expectations are divided into short, medium, and long term. The short-term expectations must be applied to projections for the first 5 years. The medium-term expectations must be applied for years 6-10. The long-term expectations are applied from year 11 and onwards.
Typically, for the short and medium terms, there will be major or minor changes from half-year to half-year. The expectations for the long term will typically be more stable from year to year.
The work of the Council
Every six months, the council describes its work on setting the common return expectations for the coming half-year. It takes the form of a note describing the considerations that the council has made, the information the council has obtained, etc.
See the note on the council’s work (pdf in Danish).
Note on the long-term returns
The council has prepared a note describing how the council has determined the long-term return expectations.
Read the note on the long-term returns (pdf in Danish).