KLP cries foul after Storebrand's pension tender win

Following the tender process, Storebrand has won yet another tender from a Norwegian municipality. The company has won all tenders this year.
Cathrine Hellandsvik, executive vice presdent for life and pensions at KLP, is asking Ulstein municipality to provide "reasoned answers" to the objections KLP has raised after the company lost the tender round.
Cathrine Hellandsvik, executive vice presdent for life and pensions at KLP, is asking Ulstein municipality to provide "reasoned answers" to the objections KLP has raised after the company lost the tender round.
by ØYVIND HENRIKSEN, Philip Madsen

KLP claims that Storebrand has won a tender in Norwegian municipality Ulstein on the wrong grounds, and the pension fund is now requesting that the case be reconsidered.

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