Fund selection in Swedish pensions platform likely to be halved
Expensive funds and those with a likelihood of relatively poor performance will be exempted while some of the formal barriers for small and start-up fund managers to join the pensions platform will be removed, says government selected special investigator Mikael Westberg in his report today, Monday.
BY REETA ILONA PAAKKINEN
The number of funds in Sweden's premium pensions system will decrease drastically from the current 490 to approximately 150-200 and there will be many more sustainable funds on the platform in the second phase of its ongoing reform, says investigator Mikael Westberg.
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