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Carneo CEO wants to double premiums for Swedish PPM system

Better information, robo-advising, and a double up on the premiums for the Swedish premium pension system (PPM). These are some of the things on the wish list of Carneo's CEO, Christoffer Folkebo. He also dreams of Swedish politicians traveling the world telling about the PPM system that in Folkebo's view is a real success.

Christoffer Folkebo, CEO of Carneo. | Photo: PR/Carneo

Payments to the much-debated Swedish premium pension system (PPM) should be doubled. And instead of reducing the system – as has been suggested – it should be modernized to help Swedes make the right investment choices.

According to Christoffer Folkebo, CEO of the Nordic independent asset management group, Carneo, the PPM system is not only unique and valuable. It is also the only part of the pension system that can make a difference in terms of the size of the pension – especially for people with lower incomes.

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