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Court declines to hear case on exclusion of money manager from Sweden's PPM

A swedish administrative court has declined to hear a case about the Pensions Authority's decinion to exclude money manager Advisor Världen from the Premium Pension System, writes news service Pensionsnyheterna.

Photo: Ritzau Scanpix/Frank Chmura.

Swedish money manager Advisor Världen decided to take the Swedish Pensions Authority, Pensionsmyndigheten, to court over the decision to ban the money manager from the Premium Pension System marketplace.

But the administrative court, Förvaltningsrätten, has turned down the money managers' case, writes the news service Pensionsnyheterna.

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