Solidar CEO hopes funds can start trading again after December ban

The scandal-hit Premium Pension System (PPM) in Sweden is forced to ban another of its marketplace fund providers: Solidar funds are ordered by the Swedish Pensions Agency to stop trading, pending an investigation into whether the manager is living up to its obligations as a marketplace provider.

Roland Johansson, Solidar | Photo: PR/Jann Lipka

by RACHEL FIXSEN

Sales of premium pension investment funds marketed by the Swedish company Solidar came to a sudden halt a few days before Christmas as the Swedish Pensions Agency issued a purchase stop on the products, but the firm's CEO says he hopes the funds can resume normal trading.

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Solidar CEO hopes funds can start trading again after December ban

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Further reading

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