At Denmark’s largest commercial pension company, PFA, working from home is high on the agenda.
“We have a crisis committee for general handling of crises, and we have met regularly to discuss the corona problem, which is our highest priority. After yesterday’s announcement, we have intensified this work further. We are following the health and public authorities’ recommendations and are ensuring that the systems are in place to allow employees to work from home as much as possible,” says Anders Damgaard, finance director at the concern, to FinansWatch.
Over the past week, PFA has made a list of critical people who need to be able to work and critical functions that need to be completed.
“These people have first priority in terms of being able to work from home. PFA has the capacity for 80 percent of its workforce to work from home if necessary,” Damgaard says.
“Of course, we need to be able to control our risk and capital and pay our bills. The people who work with these things are especially vulnerable,” says Damgaard, hastening to add employees who work with IT to the list.
“We are nothing if our IT systems don’t work so we need to look after them well. But it is clear that we need to be particularly attentive and be able to take precautionary measures quickly when it comes to control of risk, liquidity and capital,” Damgaard adds.
At another large Danishpension company, AP Pension, a meeting about the situation will be held later on Thursday.
“We want to consider this really carefully, so we do things in the right way,” says Nicolai Nielsen, press coordinator at AP Pension.
This post originally appeared on AM Watch.
