AP7 must be given a clear goal, says Swedish government adviser

The author of a specially-commissioned report to guide the Swedish government on reform of the Premium Pension System (PPM) argues that the Pensions Group should define the explicit goal of the Premium Pension. Today, this key political decision has been delegated to a government agency, the system’s default provider AP7, which he says is “unfair”.

Photo: AP7

Stefan Lundbergh, Swedish pensions expert, has said on presenting a government-commissioned report on the Premium Pension System (PPM), that the cross-party Pensions Group tasked with reform of the system needs to act as the principal of the PPM and set a clearer goal than it has at the moment.

It is also responsibility of these politicians to make sure that the fund market place is quality assured, he says.

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