AMWatch

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

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.

The authority explained that it had taken the action as it was investigating whether the company was adhering to the cooperation agreement applicable to the Premium Pension System's (PPM) fund marketplace.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch