After years of fruitless lobbying: Carneo CEO wants government to honor promise of broad PPM fund offering

Multi-boutique group Carneo accepts the Swedish government's decision to move on to the second step of the premium pension reform, but wants it to deliver on the promise of a good choice architecture with products savers actually want.

Christoffer Folkebo, CEO of the Nordic multi-boutique manager | Photo: PR/Carneo

The lobbying over the past four years has been intense.

Sweden's fund industry and trade organizations have fought tooth and tail to get the government to scrap the second step of the premium pension reform that started in 2017.

There were parts of the first step they weren't too keen on either, but they accepted it as necessary due to the recent fraud scandals rocking the fund platform Fondtorget.

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