Workplace pension provider Alecta hit the Swedish headlines for all the wrong reasons recently – first due to a sell-off in US equities. Then came a governance issue; then a write down in local property holdings. As Alecta seeks to repair the reputational damage, commercial providers like Skandia are calling for a more commercially friendly open fund platform in this part of the workplace pension system, place of the current single provider scheme. Yet Sweden has spent the best part of a number of years rolling back and simplifying its Premium Pension system (part of the state pension), where an open platform led to unsuitable fund listings and over complexity. Meanwhile a reform of the main Swedish buffer funds could see the number reduced from five to three.
Danish schemes embrace defence – as long as ESG criteria and international conventions are adhered to
Pension fund/entity | Assets (€’000)
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The proceeds of the issuance – SEK900m in total – will be used to finance IFAD’s development projects throughout the world
Swedish pension overtaken by AP7 as Sweden’s largest pension fund
Big four national pensions buffer funds produce range of returns from 8.2% to 10.3%
Swedish blue-collar pension fund produced a 16.3% gain on equities in 2024, with alternatives returning 5%
Swedish FTN reveals winners in award of Nordic equity fund mandates, including two funds new to the platform
Company | Assets (€m)
As at 30.9.3.23, *30.16.23, **15.11.23, ***10.6.22
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Nordic Region
Pension transfers are big business in Sweden, and the market could be described as booming right now.
The proceeds of the issuance – SEK900m in total – will be used to finance IFAD’s development projects throughout the world
Swedish pension overtaken by AP7 as Sweden’s largest pension fund
Big four national pensions buffer funds produce range of returns from 8.2% to 10.3%
Swedish blue-collar pension fund produced a 16.3% gain on equities in 2024, with alternatives returning 5%
Swedish FTN reveals winners in award of Nordic equity fund mandates, including two funds new to the platform
Swedish pensions giant announces Hall approved by watchdog, paving the way for his nomination and election
Swedish pensions and insurance group returns 8.0% on investments in 2024
Pensions Agency adds inheritance gains and pension rights more frequently, with earlier ownership of assets leading to increased returns for individuals
Plus: ATp on guarantee-based business model; Norway’s SWF returns
Sweden’s AMF reminds policy-setters that blue-collar workers are less able to work as pensioners for health reasons