Supplementary general investment principles

(1) Pension funds must invest the assets to the greatest possible long-term benefit of the prospective and current beneficiaries as a whole. In the event of a conflict of interest, the pension fund, or the body managing its assets, must ensure that the investment is made exclusively in the interest of the prospective and current beneficiaries.
(2) For investments in derivative financial instruments, excessive risk concentration in respect of a single counterparty and in respect of other derivative transactions must be avoided.
(3) In their investment decisions, pension funds may, within the framework of the prudent person principle, take into account the possible long-term effects on environmental, social, and governance matters.
(4) Section 124(1), second sentence, point 1, letter b, and point 4, and (2), first sentence, does not apply.