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Swedish fund industry slams FSA's proposal to strongly limit fund offering in PPM system

The proposal from the Swedish financial supervisory authority that the premium pension system should offer a maximum of 15 funds has been met with strong criticism from the fund industry.

Founder of Spiltan Fonder Per Håkan Börjesson is critical of the proposal to limit the fund offering at Fondtorget. | Photo: Spiltan/PR

In a review of the Swedish premium pension system, the financial supervisory authority -- Finansinspektionen – has proposed that the PPM-system should offer only 10-15 funds on its fund platform Fondtorget in the future.

"Obviously, it is the wrong way to go. You can't punish an entire industry just because a few people have done something wrong," the founder of Spiltan Fonder Per Håkan Börjesson tells Realtid.se.

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