Swedish pension savers may have to adjust to lower returns, says strategist

Future scenarios are not ideal and much suggests low returns for pension companies, says Anders Aronsson, Chief Strategy Officer at consultancy Max Matthiessen.

Pension companies have not been able to take full advantage of the stock market's strong recovery after the drop in spring, reports Swedish financial newspaper Dagens Industri.

Within the group of so-called traditional life management, SPP, Folksam and Alecta Optimal Pension have succeeded in pulling in the best returns with 2.8, 2.5 and 2.4 percent, respectively. This outcome can be compared with last year's nine-month result, which for many companies stood at 9-10 percent, DI writes.

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