Swedish asset managers point out disadvantages and too much state control in new pension reforms
Planned reforms of Sweden's Premium Pension System could reduce competition and limit savers' choices, warns a lobby group of Swedish fund managers.
BY HELLA ANDERSEN
The state-run Swedish Premium Pension System (PPM) is already undergoing major changes resulting in probably 30 percent less investment options for savers on the PPM platform. But further reforms could lead to reduced competition among funds, a lobby group of fund managers warns.
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