Guidance
Employers transfer pension contributions related to A-income to the account : 9181 – 478.898.4
Pension payment
All individuals up to the age of 67 and a half years, who are fully tax-liable in the Faroe Islands, are required by law to contribute a portion of their salary to a pension scheme.
If you move to the Faroe Islands for reasons of fixed-term employment (short term), you may become exempt from contributing to the Faroese pension system.
Choose a risk profile
that suits you
Everyone needs to save for their pension, and now
you can choose the level of risk you want.

The goal is to achieve the best return possible
With solid knowledge and
clear procedures, we ensure growth
With good advice and competitive services, we have maintained our position as the Faroe Islands’ strongest pension provider.
The customer owns LÍV
The profit is passed back through good insurance, low operating costs, and a significant return on pension savings.
CUSTOMER SERVICE
Let us help you put together your financial safety net.
Most of us are very conscientious when it comes to insuring houses, cars, furniture, and other possessions.
We sometimes forget that it is we, as individuals, who pay for the circumstances we live in.
Loss of possessions is unfortunate, but it is unlikely to hit as hard as the loss of work capacity or if a spouse passes away.
Life Insurance
Intended to help your closest ones get financially on their feet should you pass away
The need changes over time
When changes happen in life, you should check if your insurances still match your needs
Are your insurances proberly arranged, considering:
- Marital status
- Cohabitation
- Children
- Home purchase
- Salary level etc.
Contact us, and together we will find the best solution for you.
News

Market update for mars 2025

Competition for a Name and Logo for the New Building at Óðinshædd

Are you insured correctly?

Market update for february 2025

LÍV and Norðoya Sparikassi are moving into a new building in the summer

Market Report for January 2025

It has become EVEN cheaper to be a customer at LÍV

Market Update for December 2024

LÍV is the main sponsor of the Book Club in the Faroe Islands.

Market update for November 2024

LÍV has extended the sponsorship agreement with Rescue LÍV.
We are ready to help you
If you have questions or would like advice, you are welcome to contact us.
Send us an email on liv@liv.fo, call us at +298 31 11 11, or log in to the customer portal
Mítt LÍV and send us a message