PFA, Velliv and AP Pension provided best protection to customers from equity market falls. : Many people start their new year with diets, exercise, or perhaps a dose of self-help. Bookshops are well stocked with guides to better working, living, thinking, sleeping and even breathing. No wonder the discussion of trade is in such a tangle. The terminology around the subject is almost designed to cause confusion. Denmark’s main pension providers have reported investment losses across their market-rate, or unit-linked, products for 2018.