Employees select Handelsbanken Liv
(Thomson Reuters ONE) - Handelsbanken Liv has been selected as one of the companies to manage theoccupational pensions of private sector employees.This was reported today by Collectum, which is responsible for procuring pensionsolutions for the two parties - the Confederation of Swedish Industry and theFederation of Salaried Employees in Industry and Services.Snorre Storset, chief executive Handelsbanken Liv, says, "We have been given afine and important vote of confidence. We will offer customers good, simplesolutions with low fees and top-ranked mutual funds."Handelsbanken has many customers who belong to the ITP plan and who will now beable to select unit-linked insurance with Handelsbanken Liv for their collectiveagreement occupational pensions.Snorre Storset explains, "We will offer a simple, initial solution for those whoselect us. It consists of two of our best equity funds and a fixed income fund.The basic idea is that the longer the time to pension, the more pension assetsare invested in equity funds. When the customer reaches 55 years of age, anincreasing share of the pension savings is invested in the fixed income fund.The allocation between the funds is reviewed annually, and adjusted ifnecessary."At the same time, he emphasises that everyone who selects Handelsbanken Liv fortheir occupational pension for the entire period, can also make their ownindividual choices, if they so desire:"We have many customers who are very active and interested investors in mutualfunds. With this solution, they can also change funds when they want and selectfroma broad range of carefully selected funds with low fees and high ratings."The procurement involves a total of some 750,000 employees with a total annualpremium of more than SEK 7.5 billion. In addition, there is an accumulatedinsurance capital of approximately SEK 80 billion, which now can be transferredto the selected companies.For further information, please contact:Snorre Storset, chief executive Handelsbanken Liv, +46 8 701 69 10, +4670 508 8705Johan Lagerstr?press officer Handelsbanken, +46 8 701 13 95, +46 70 265 8014http://hugin.info/1225/R/1375283/337380.pdf[HUG#1375283] Press Release (PDF) : http://hugin.info/1225/R/1375283/337380.pdf
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Datum: 20.01.2010 - 06:06 Uhr
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