SWEDEN - Sweden's Premium Pension Authority, the Premier pensionsmyndigheten (PPM), has advocated abolishing the 655 funds from which savers choose in the National Pension Scheme and instead having the PPM autonomously mandate a far smaller number of managers to run the e9.1bn in the system.
Speaking exclusively to IPN’s sister publication, Global Pensions, Hans Jacobson, PPM director general, said apathy among savers who abdicated responsibility to make an active choice of fund manage...
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