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Nordea has breached fund agreement, claims Swedish Pensions Agency

The bank is reported to have offered better mortgage rates to customers that select its funds on the premium pension system. This is a direct breach of the agreement for Fondtorget.
Photo: PR / Pensionsmyndigheten
Photo: PR / Pensionsmyndigheten
by MIRZA GAZIC

The Swedish Pensions Agency (SPA) claims that Nordea has broken the rules for inclusion on its fund platform Fondtorget. This claim has been made as part of a recent discussion with the Swedish FSA, financial daily Dagens Industri writes.

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