DOCSLIB.ORG

University of Bath PHD Children's Rights in Policy and Poverty

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
University of Bath PHD Children's Rights in Policy and Poverty University of Bath PHD Children’s Rights in Policy and Poverty: An Analysis of Iceland, Norway & the UK Jeans, Cynthia Award date: 2013 Awarding institution: University of Bath Link to publication Alternative formats If you require this document in an alternative format, please contact: [email protected] General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal ? Take down policy If you believe that this document breaches copyright please contact us providing details, and we will remove access to the work immediately and investigate your claim. Download date: 04. Oct. 2021 Children’s Rights in Policy and Poverty: An analysis of Iceland, Norway & the UK Cynthia Lisa Jeans A thesis submitted for the degree of Doctor of Philosophy University of Bath Department of Social and Policy Studies May 2013 COPYRIGHT Attention is drawn to the fact that copyright of this thesis rests with the author. A copy of this thesis has been supplied on condition that anyone who consults it is understood to recognise that its copyright rests with the author and that they must not copy it or use material from it except as permitted by law or with the consent of the author. This thesis may be made available for consultation within the University Library and may be photocopied or lent to other libraries for the purposes of consultation. _______________________________________________________________ 1 2 LIST OF FIGURES ............................................................................................................................... 5 LIST OF TABLES ................................................................................................................................. 6 ACKNOWLEDGEMENTS ....................................................................................................................... 9 ABSTRACT ..................................................................................................................................... 11 LIST OF ABBREVIATIONS ................................................................................................................... 12 CHAPTER 1. INTRODUCTION .................................................................................................. 13 AIM ............................................................................................................................................. 14 DATA ........................................................................................................................................... 16 METHODS ..................................................................................................................................... 17 ORGANIZATION OF THE CHAPTERS ...................................................................................................... 18 CHAPTER 2. CHILDREN, SOCIAL POLICY AND CHILDREN’S RIGHTS ......................................... 20 THE CHILD ..................................................................................................................................... 22 SOCIAL POLICY AND CHILDREN........................................................................................................... 29 THE GOVERNANCE OF CHILDREN ........................................................................................................ 34 TENSIONS BETWEEN THE STATE, THE PARENT AND THE CHILD .................................................................. 36 SOCIAL INVESTMENT: THE BEINGS OR BECOMINGS DEBATE ..................................................................... 42 CHILDREN‘S RIGHTS......................................................................................................................... 45 COMPARATIVE STUDIES IN CHILD POLICY ............................................................................................. 58 CHAPTER 3. DATA: CHILD POVERTY IN THE STATES AND POLICIES SELECTED ........................ 63 SELECTING STATES .......................................................................................................................... 64 CHILD POVERTY AND WELL-BEING RATES ............................................................................................ 77 CHILDREN’S RIGHTS IN ICELAND, NORWAY AND THE UK ......................................................................... 87 SELECTING POLICIES TO STUDY .......................................................................................................... 88 CHAPTER 4. METHODOLOGY AND THEORETICAL FRAMEWORK ............................................ 99 THE UN CRC AS A RESEARCH TOOL ................................................................................................. 100 THE THEORETICAL FRAMEWORK ...................................................................................................... 103 METHODOLOGY............................................................................................................................ 105 APPLICATION ............................................................................................................................... 114 CHAPTER 5. CHILD SUPPORT POLICIES AND CHILDREN’S RIGHTS ......................................... 127 DEMOGRAPHIC AND SOCIAL ENVIRONMENT ....................................................................................... 138 ICELAND ...................................................................................................................................... 152 NORWAY..................................................................................................................................... 162 UNITED KINGDOM ........................................................................................................................ 173 COMPARATIVE ANALYSIS ................................................................................................................ 179 DISCUSSION ................................................................................................................................. 189 3 CHAPTER 6. CHILD BENEFITS AND CHILDREN’S RIGHTS........................................................ 192 CLASSIFYING CHILD BENEFIT AND CHILD TAX CREDIT POLICIES ............................................................... 195 ICELAND ...................................................................................................................................... 198 NORWAY ..................................................................................................................................... 211 UNITED KINGDOM ........................................................................................................................ 220 COMPARATIVE ANALYSIS ................................................................................................................ 229 DISCUSSION ................................................................................................................................. 234 CHAPTER 7. EARLY CHILDHOOD EDUCATION AND CARE AND CHILDREN’S RIGHTS .............. 236 POVERTY AND ECEC ..................................................................................................................... 245 ICELAND ...................................................................................................................................... 260 NORWAY ..................................................................................................................................... 269 UK ............................................................................................................................................. 281 COMPARATIVE ANALYSIS ................................................................................................................ 294 DISCUSSION ................................................................................................................................. 299 CHAPTER 8. DISCUSSION ..................................................................................................... 301 FRAMEWORK ............................................................................................................................... 301 CHILD SUPPORT AND ECONOMIC WELFARE ........................................................................................ 303 CHILD BENEFIT AND SOCIAL SECURITY ............................................................................................... 305 ECEC, CAPABILITIES, GENDER ISSUES AND SOCIAL INVESTMENT ............................................................ 305 CLASSIFICATION ............................................................................................................................ 307 AUSTERITY ................................................................................................................................... 309 FUTURE RESEARCH .......................................................................................................................
Load more

Recommended publications
  • Pension Country Profile: Norway
    Pension Country Profile: Norway (Extract from the OECD Private Pensions Outlook 2008) The OECD Private Pensions Outlook 2008 contains a set of country profiles which describe in a concise manner the design of private pension systems in individual OECD countries. This document is an extract from this publication. For further information on the Outlook, please see www.oecd.org/daf/pensions/outlook. Contents Each Pension Country Profile is structured as follows: ¾ How to Read the Country Profile This section explains how the information contained in the country profile is organised. ¾ Country Profile The country profile is divided into six main sections: • Demographics and macroeconomics • Country pension design • Pension funds data overview • Reference information • Overview of private pension system by type of plan and financing vehicle ¾ Acronyms, Symbols and Conventional Signs ¾ Glossary 5. HOW TO READ THE COUNTRY PROFILES How to Read the Country Profiles This section provides country profiles, Series database. Population figures are from the describing private pension arrangements in OECD Population and Labour Force database. individual OECD countries. Each pension country profile is divided into six main sections: Country pension design ● Demographics and macroeconomics This section is split into two parts: ● Country pension design ➋ Potential average pension benefit ● Pension funds data overview This figure displays a broad estimate of the ● Private pension system’s key characteristics total pension income which an average-earning individual may receive from various sources (state, ● Reference information mandatory, and voluntary occupational pensions) ● Overview of private pension system by type of after a full working lifetime. It is expressed as a plan and financing vehicle percentage of the earnings the pensioner had just The figure below shows how the first three before retirement.
    [Show full text]
  • Annual Report 2009 Gjensidige.Com
    annual report 2009 gjensidige.com annual report GJ e n SIDIG e 2 0 0 9 eVENTS 2009 operation :: Talks between Storebrand and Gjensidige of a possible merger terminated in March. :: In May, Gjensidige Pension and Savings was a top scorer in the Norwegian Customer Barometer survey. :: Länsförsäkringar’s insurance portfolio in the Baltics was acquired in November. :: In November Gjensidige purchased equity certificates in Sparebank1 SR-Bank totalling NOK 866 million, becoming the largest single owner of the bank. :: An agreement to acquire Handelsbanken’s portfolio of defined-contribution pensions was signed in Oc- S tober. The portfolio was taken over in January 2010. :: Operations in Sweden were converted to a branch from 1 October 2009. :: Citibank’s consumer financing business was acquired by Gjensidige Bank in December. :: FInanCIAL CalendAR 2010 Date event 23rd april General Meeting 12th mai Publication of results of first quarter 5th august Publication of results of second quarter 4th november Publication of results of third quarter 24th november Supervisory Board Meeting t 2 this is gjensidige hisis 2 Confident and satisfied customers 4 Values and vision g 5 Company history jensidige 6 The markets 8 Financial key figures 9 Non-financial key figures 10 Strategy and goals operat 18 operations i 20 General insurance Private ons 24 General insurance Commercial 28 General insurance Nordic 31 General insurance Baltic 34 Pension and savings 38 Online retail banking 42 Health care services 44 Asset management 48 Additional information perspect
    [Show full text]
  • Precautionary Saving and Old-Age Pensions
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Magnussen, Knut A. Working Paper — Digitized Version Precautionary Saving and Old-Age Pensions Discussion Papers, No. 108 Provided in Cooperation with: Research Department, Statistics Norway, Oslo Suggested Citation: Magnussen, Knut A. (1994) : Precautionary Saving and Old-Age Pensions, Discussion Papers, No. 108, Statistics Norway, Research Department, Oslo This Version is available at: http://hdl.handle.net/10419/192092 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte.
    [Show full text]
  • Regulatory Reform in Norway
    Regulatory Reform in Norway MARKETISATION OF GOVERNMENT SERVICES – STATE-OWNED ENTERPRISES © OECD (2003). All rights reserved. 1 ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Co-operation and Development (OECD) shall promote policies designed: • to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus to contribute to the development of the world economy; • to contribute to sound economic expansion in Member as well as non-member countries in the process of economic development; and • to contribute to the expansion of world trade on a multilateral, non-discriminatory basis in accordance with international obligations. The original Member countries of the OECD are Austria, Belgium, Canada, Denmark, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The following countries became Members subsequently through accession at the dates indicated hereafter: Japan (28th April 1964), Finland (28th January 1969), Australia (7th June 1971), New Zealand (29th May 1973), Mexico (18th May 1994), the Czech Republic (21st December 1995), Hungary (7th May 1996), Poland (22nd November 1996), Korea (12th December 1996) and the Slovak Republic (14th December 2000). The Commission of the European Communities takes part in the work of the OECD (Article 13 of the OECD Convention). © OECD 2003 Permission to reproduce a portion of this work for non-commercial purposes or classroom use should be obtained through the Centre français d’exploitation du droit de copie (CFC), 20, rue des Grands-Augustins, 75006 Paris, France, tel.
    [Show full text]
  • Enhancing Social Inclusion in Latin America KEY ISSUES and the ROLE of SOCIAL PROTECTION SYSTEMS
    Enhancing Social Inclusion in Latin America KEY ISSUES AND THE ROLE OF SOCIAL PROTECTION SYSTEMS OECD Latin America & the Caribbean Regional Programme Enhancing Social Inclusion in Latin America: Key Issues and the Role of Social Protection Systems 1 This document has been drafted under the responsibility of the Secretary General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organization or of the governments of its member and partner countries. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. You can copy, download or print OECD content for your own use, and you can include excerpts from OECD publications, databases and multimedia products in your own documents, presentations, blogs, websites and teaching materials, provided that suitable acknowledgment of OECD as source and copyright owner is given. All requests for public or commercial use and translation rights should be submitted to [email protected]. Requests for permission to photocopy portions of this material for public or commercial use shall be addressed directly to the Copyright Clearance Centre (CCC) at [email protected] or the Centre français d'exploitation du droit de copie (CFC) at [email protected].
    [Show full text]
  • Storebrand Provides Security Today and a Future to Look Forward To
    Ved å sette kunden først og investere bærekraftig skal Storebrand være best på sparing til pensjon Storebrand provides Wenche Martinussen jobber kontinuerlig securityfor å gjøre pensjon enkelt today for våre kunder and a future to look forward to AnnualÅrsrapport Report 2015 2016 Årsrapport 2014 Storebrand ASA 1 1 History of Storebrand ”Den almindelige Storebrand’s ownders Brand-Forsikrings- estaablish Norway’s frst Anstalt” is established in privately owned insurance Copenhagen. company “Idun” 1760 1780 1800 1820 1840 1860 1767–1919: ROOTS 1925 1990–1999: CRISIS AND CHANGE Storebrand changes its name from ”Chris- 1767 tiania Almindelige Forsikrings-Aksjeselskap” 1990 ”Den almindelige Brand-Forsikrings- (renamed in 1915) to ”Christiania Almindelige Storebrand and UNI Forsikring agree to Anstalt” is established in Copenhagen. Forsikrings-Aksjeselskap Storebrand”. This merge, and the merger receives ofcial name is kept until 1971. permission in January 1991. 1814 Following the split from Denmark, 1936 1992 management of the fre insurance scheme Storebrand acquires Europeiske, the leading UNI Storebrand’s negotiations with Skandia is transferred to Christiania, as the capital travel insurance company in Norway. concerning establishing a major Nordic of Norway was called at that time. In 1913 company fail to reach agreement. the scheme is converted into a public sector 1962 company called Norges Brannkasse. Storebrand initiates a new wave of acqui- 1996 sitions and mergers by acquiring Norrøna, The company changes its name to 1847 which was experiencing fnancial problems. Storebrand ASA and establishes On 4 May 1847, the P&C insurance company Storebrand Bank ASA. ”Christiania Almindelige Brand- 1963 forsikrings-Selskab for Varer og Efecter” Storebrand acquires Norske Fortuna.
    [Show full text]
  • Activation Policies in Norway
    OECD Social, Employment and Migration Working Papers No. 78 Nicola Duell, Activation Policies Shruti Singh, in Norway Peter Tergeist https://dx.doi.org/10.1787/226388712174 Unclassified DELSA/ELSA/WD/SEM(2009)4 Organisation de Coopération et de Développement Économiques Organisation for Economic Co-operation and Development 02-Mar-2009 ___________________________________________________________________________________________ English - Or. English DIRECTORATE FOR EMPLOYMENT, LABOUR AND SOCIAL AFFAIRS EMPLOYMENT, LABOUR AND SOCIAL AFFAIRS COMMITTEE Unclassified DELSA/ELSA/WD/SEM(2009)4 Cancels & replaces the same document of 02 March 2009 OECD SOCIAL, EMPLOYMENT AND MIGRATION WORKING PAPERS No. 78 ACTIVATION POLICIES IN NORWAY Nicola Duell, Shruti Singh and Peter Tergeist JEL Classification: H53, H83, I38, J08, J63, J65, J68. All Social, Employment and Migration Working Papers are now available through OECD's Internet website at http://www.oecd.org/els/workingpapers English - Or. English JT03260404 Document complet disponible sur OLIS dans son format d'origine Complete document available on OLIS in its original format DELSA/ELSA/WD/SEM(2009)4 DIRECTORATE FOR EMPLOYMENT, LABOUR AND SOCIAL AFFAIRS http://www.oecd.org/els OECD SOCIAL, EMPLOYMENT AND MIGRATION WORKING PAPERS http://www.oecd.org/els/workingpapers This series is designed to make available to a wider readership selected labour market, social policy and migration studies prepared for use within the OECD. Authorship is usually collective, but principal writers are named. The papers are generally available only in their original language – English or French – with a summary in the other. Comment on the series is welcome, and should be sent to the Directorate for Employment, Labour and Social Affairs, 2, rue André-Pascal, 75775 PARIS CEDEX 16, France.
    [Show full text]
  • What Is Your Pension Figure?
    What is your pension figure? Annual report Storebrand ASA STOREBRAND ASA | 1 ANNUAL REPORT 2012 1954: The acquisition department (sales department) in Kirkegata 24. 2012: Everyone sits in an open floor plan at Storebrand's offices at Lysaker. The 35,000 m2 building is interconnected by lifts, stairs and walkways. 1767–1919: ROOTS ”Christiania Almindelige Forsikrings-Aksje- 1990–1999: CRISIS AND CHANGE 2007 2012: Recommended BY our customers History of selskap” (renamed in 1915) to ”Christiania Storebrand acquires SPP, the Swedish life 1767 Almindelige Forsikrings-Aksjeselskap 1990 insurance and pensions provider, from Storebrand launches its new vision in Storebrand ”Den almindelige Brand-Forsikrings- Storebrand”. This name is kept until 1971. Storebrand and UNI Forsikring agree to Handelsbanken and forms the leading life January: "Recommended by our cus- Anstalt” is established in Copenhagen. merge, and the merger receives official insurance and pensions provider in the tomers". Six customer promises, a new 1936 permission in January 1991. Nordic region. position and adjusted core values are also 1814 Storebrand acquires Europeiske, the lead- introduced. Following the split from Denmark, man- ing travel insurance company in Norway. 1992 2008 agement of the fire insurance scheme is UNI Storebrand’s negotiations with Skan- The financial crisis in the USA spreads to Storebrand's CEO for 12 years, Idar transferred to Christiania, as the capital of 1962 dia concerning establishing a major Nordic the global financial markets and during Kreutzer, resigns to become the new Norway was called at that time. In 1913 Storebrand initiates a new wave of acquisi- company fail to reach agreement. 2008 the New York Stock Exchange (Dow Managing Director of Finance Norway the scheme is converted into a public tions and mergers by acquiring Norrøna, Jones DJIA) falls by 34 per cent and the (FNO).
    [Show full text]
  • The Pension Reform I Norway
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Grønvik, Gunnvald Research Report The Pension Reform in Norway - a Useful Step, but More Funding Could be Beneficial Staff Memo, No. 2006/5 Provided in Cooperation with: Norges Bank, Oslo Suggested Citation: Grønvik, Gunnvald (2006) : The Pension Reform in Norway - a Useful Step, but More Funding Could be Beneficial, Staff Memo, No. 2006/5, ISBN 82-7553-371-6, Norges Bank, Oslo, http://hdl.handle.net/11250/2508018 This Version is available at: http://hdl.handle.net/10419/210177 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no www.econstor.eu NO 2006/5 Oslo November 8, 2006 Staff Memo Financial Stability The pension reform in Norway - A useful step, but more funding could be beneficial by Gunnvald Grønvik Publications from Norges Bank can be ordered by e-mail: [email protected] or from:Norges Bank, Subscription service, P.O.Box.
    [Show full text]
  • Q1 Interrim Report Livsforsikring 2020
    st nd quarter quarter 2 2020 12020 th rd quarter quarter 4 2020 3 2020 Interim report 2020 Storebrand Livsforsikring AS (unaudited) Contents FINANCIAL PERFORMANCE BUSINESS AREAS Storebrand Livsforsikring Group 3 Savings 5 Insurance 6 Guaranteed pension 8 Other 9 Balance, Solidity and Capital situation 10 Outlook 12 FINANCIAL STATEMENTS/NOTES Statement of comprehensive income Storebrand Livsforsikring Group 14 Statement of financial position Storebrand Livsforsikring Group 16 Statement of change in equity Storebrand Livsforsikring Group 19 Statement of cash flow 20 Statement of comprehensive income Storebrand Livsforsikring AS 21 Statement of financial position Storebrand Livsforsikring AS 23 Statement of change in equity Storebrand Livsforsikring AS 25 Notes . 26 Notice: This document may contain forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances that may be beyond the Storebrand Group’s control As a result, the Storebrand Group’s actual future financial condition, performance and results may differ materially from the plans, goals and expectations set forth in these forward-looking statements. Important factors that may cause such a difference for the Storebrand Group include, but are not limited to: (i) the macroeconomic development, (ii) change in the competitive climate, (iii) change in the regulatory environment and other government actions and (iv) market related risks such as changes in equity markets, interest rates and exchange rates, and the performance of financial markets generally. The Storebrand Group assumes no responsibility to update any of the forward-looking statements contained in this document or any other forward-looking statements it may make.
    [Show full text]
  • Attitudes Towards Future Policies for the Elderly
    THIS IS VERY MUCH A PRELIMINARY DRAFT. PLEASE DON’T QUOTE WITHOUT PERMISSION OF THE AUTHORS. Attitudes towards future policies for the elderly: a comparative analysis of four welfare states Maša Filipovič Hrast, Mi Ah Schøyen, Tatjana Rakar, Bjørn Hvinden, Vegard S Svagård, Kjetil Klette Bøhler Paper prepared for the Norface Welfare State Futures Thematic Workshop on Welfare Attitudes, Gothenburg 22-24 February 2017. Correspondence: Maša Filipovič Hrast Faculty of Social Sciences University of Ljubljana Kardeljeva pl. 5 SI – 1000 Ljubljana E-mail: [email protected] Introduction This paper looks at attitudes of citizens as one of the factors influencing how European welfare states approach social protection and care services for the elderly in the context of population ageing. We are particularly interested in the ideas and values behind countries’ changing welfare mixes, i.e., the new ways in which responsibilities for elderly welfare are divided across different actors in society (Ascoli and Ranci, 2002; e.g., Svetlik and Evers, 1993; Wintersberger et al., 1987). We do this by exploring – with the help of qualitative research methods – ordinary citizen’s attitudes and expectations in relation to how they see the division of responsibility for elderly people’s welfare in the future. In order to understand where European welfare states are heading in the decades to come; i.e., whether we are likely to see persisting cross-country differences or convergence around similar policy solutions, it is important to grasp how ordinary people perceive, reason about and relate to the structural and institutional changes that have taken place over the recent decades.
    [Show full text]
  • Investing in a Sustainable Future STOREBRAND ANNUAL REPORT 2018
    Investing in a sustainable future STOREBRAND ANNUAL REPORT 2018 Facts and figures 2018 Group profit NOK million Return on equity 3 158 13.7%1) Solvency margin NOK billion invested in fossil free funds 173% 68 Assets under Management, NOK billion Assets under Management screened for sustainability criteria 707 100% 1) After tax, adjusted for amortisation of intangible assets 3 LETTER FROM THE GROUP CHIEF EXECUTIVE OFFICER Investing in a sustainable future Odd Arild Grefstad Group Chief Executive Officer 4 STOREBRAND ANNUAL REPORT 2018 2018 was a good year. Storebrand delivered great results and took a step along Investing in a the road to becoming a world-class savings group. We completed a successful inte- gration of SKAGEN and Silver into the Group, explored and refined our sustainable sustainable future investments, and entered into close cooperation with the fintech company Dreams. Our financial solidity was strengthened and there was an increase in the dividends distributed to shareholders. At the same time, the financial markets experienced tur- bulence at the end of the year, in a somewhat uncertain macroeconomic situation. In 2018, Storebrand presented an ambition to build a world- several of our digital platforms in 2019. We want to be the class savings group, supported by insurance. This ambition preferred customer choice when the “Individual Pension builds on our position in the corporate market, as the Account” market opens in a year or two. The “Individual leading supplier of Norwegian occupational pensions and Pension Account” is a new financial product spearheaded an offensive challenger in the Swedish market. Our goal by the authorities where Norwegians can combine all of is to create world-class customer experiences in our core their defined contribution pensions from both current and areas of savings and pensions.
    [Show full text]