Funds an important ingredient of pension saving

Pensions-related savings account for an increasingly large share of fund saving in Sweden, and pension issues are a very important issue for the Association’s member companies.

The Swedish Investment Fund Association has maintained an active working group to address pension issues for many years now. The working group is primarily tasked with promoting funds as an

attractive pension savings alternative as part both of the national retirement pension (premium pension) and of occupational pensions and private pension saving. Another of the group’s important tasks involves working to promote increased knowledge and education related to pensions.

Topical activities and issues in the pension sphere include:

  • participating in a range of different knowledge-boosting projects, such as Like Your Finances and Young Personal Finances;
  • encouraging more people to make a deliberate choice when it comes to their premium pension funds;
  • working to promote the inclusion of funds as an alternative in the new agreements in the occupational pension sphere being negotiated.

Ongoing contacts with the Swedish Pensions Agency and the Parliamentary pensions group are also key to the Association’s work in the pension sphere.

Premium pension

The Parliamentary pensions group has decided on a review of the premium pension system. There will be an internal study that will produce source data and proposals for changes for consideration by the Swedish Parliament. Issues being addressed include whether the structure of the premium pension system is an optimum one, whether the number of funds in the system is reasonable, and whether it is acceptable for savers to get different results. The report is scheduled for publication in spring 2013.

Pension savings as a part of fund savings

Pension savings as a percentage of total fund assets

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