Pension savers' interest in fund selection increases with age

Swedish pension savers are not very interested in selecting funds, when they enter the premium pension system. But with age, an increasing part of savers take an interest and make personal choices.
Photo: Tt News Agency/Reuters/Ritzau Scanpix
Photo: Tt News Agency/Reuters/Ritzau Scanpix
BY HELLA ANDERSEN

Savers' activity in the Swedish premium pension system increases with age. While half of savers aged 35-40 in the premium pension system have personally selected funds, seven out of ten savers aged 50-64 have made a personal choice.

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