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Pension

Swedish fund industry warns against too hasty second step in PPM overhaul

A Swedish government report proposes further limitation of funds on the Swedish pension platform. The fund industry warns against dire consequences and severe limitation to savers’ freedom of choice.
From left: Coeli Asset Management CIO Erik Lundkvist, Lannebo Fonder Chairman Göran Espelund and Swedish Investment Fund Association CEO Fredrik Nordström. | Photo: PR / Coeli AM, Lannebo Fonder & Karl Gabor
From left: Coeli Asset Management CIO Erik Lundkvist, Lannebo Fonder Chairman Göran Espelund and Swedish Investment Fund Association CEO Fredrik Nordström. | Photo: PR / Coeli AM, Lannebo Fonder & Karl Gabor
BY HELLA ANDERSEN, REETA ILONA PAAKKINEN & SØREN RATHLOU TOP

After yesterday's presentation of the Swedish government report "A better premium pension system", the industry has expressed strong protests.

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