Sweden's Andra AP-fonden has chosen Danish systems supplier SimCorp to provide its investment management system.
Andra AP-fonden (the second AP fund) is currently in the process of being set up in Gothenburg and is one of four state pension funds created by the restructuring of the state Allmanna pensionsfonden at the start of the year.
Andra AP-fonden, which currently has SEK140bn (£9.62bn) assets under management, expects implementation of the new system to be completed in the first quarter of 2002.
By Geoffrey Ho
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.