Pension reform could pull SEK 250 billion out of the Swedish stock market

The planned reform of the Swedish premium pension system may cause SEK 250-270 billion to disappear from the domestic stock market, hampering the Swedish economy and job creation.

Göran Espelund, chairman and co-founder of Lannebo Fonder. | Photo: PR / Lannebo Fonder

Plans to reform the Swedish premium pension system (PPM) could result in SEK 250-270 billion being moved out of the Swedish stock market and into large global index funds, damaging not only the local equity market but also job creation and the Swedish economy, reports Dagens Industri.

Authorities, interest groups, and industry representatives have recently been responding to the Ministry of Finance's proposal regarding the next step in the reform of the PPM, where Swedes can either have their public pension savings managed by the national AP7 fund's balanced Såfa product or choose  between funds available at the Swedish fund platform Fondtorget.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ATP's managed assets maintained growth in Q3

A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.

Velliv divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch