Swedish fund industry warns against too hasty second step in PPM overhaul

A Swedish government report proposes further limitation of funds on the Swedish pension platform. The fund industry warns against dire consequences and severe limitation to savers’ freedom of choice.

From left: Coeli Asset Management CIO Erik Lundkvist, Lannebo Fonder Chairman Göran Espelund and Swedish Investment Fund Association CEO Fredrik Nordström. | Photo: PR / Coeli AM, Lannebo Fonder & Karl Gabor

After yesterday's presentation of the Swedish government report "A better premium pension system", the industry has expressed strong protests.

The government proposal for the premium pension system (PPM) suggests placing all power and capital, which will eventually amount to EUR 374bn, within a new government agency.

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