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The baby should not be thrown out with the bathwater, says Lannebo's Co-Founder on Sweden's pension reform

The Swedish government is trying to support local businesses in the pandemic, but simultaneously the reform is detrimental to Swedish business, argues Göran Espelund of Lannebo Fonder. Managing Director of Evli Fund Management Tero Tuominen believes that radically decreasing funds on the Fondtorget is not optimal.

Göran Espelund, Co-Founder of Lannebo Fonder (r) and Tero Tuominen, Managing Director of Evli Fund Management. | Photo: Lannebo Fonder and Evli PR.

The ongoing Covid-19 pandemic has made the timing to continue reforming Sweden’s premium pension system (PPM) worse than ever, says Göran Espelund, CEO of Sweden’s Lannebo Fonder.

Tero Tuominen, Managing Director of Finland's Evli Fund Management, whose funds are also part of the platform, notes that radically decreasing the number of funds on the so-called Fondtorget is not the optimal solution and that focus should be on quality of funds instead of quantity.

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