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Sweden's new premium pension board delayed again - but government agrees on future location

The new premium pension board, which will be responsible for the revamped version of Fondtorget with EUR 190bn in savings capital, is now scheduled to begin operations in June 2022, after a six month delay.

Rosenbad, Swedish Government HQ | Photo: PR / Wikipedia

The Swedish government has decided on a name and a headquarters location for the future organization that will be responsible for the new Fondtorget platform for funds. But it has issued a new extension to the ongoing assessment work, which means the new board is now expected to be operational on June 1, 2022.

The extension was expected, as the details were supposed to have been ironed out by now with the aim of the new board starting in January – but the cross-party parliamentary pension subcommittee, Pensionsgruppen, has still not reached a mutual agreement. This means a draft bill proposal has not yet been put forward to the Council of Legislation.

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