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Sweden's Investment Fund Association calls for next reform step to be canceled

The Swedish Investment Fund Association petitions for the Pensions Group and the government to reconsider their plans to proceed to the state's procurement of funds in the country's reformed premium pension system. "This is an unnecessary and risky step that would not benefit Swedish pension savers," the CEO of the association argues.

Fredrik Nordström, CEO, Swedish Investment Fund Association. Photo: PR: Fondbolagens förening.

Sweden’s Pensions Agency should not proceed further in the reform of the country’s pension fund platform Fondtorget, says the CEO of the country’s Investment Fund Association.

CEO Fredrik Nordström notes that the first step of the reform was successful, but the next one could essentially risk the pension saver’s money.

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