Swedish pension merger ruled out

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SWEDEN - A cross-party task force looking into pension reform in Sweden has decided to rule out merging the country's four largest pension buffer funds into one super SEK800bn (US$102.45bn) pot.

Local Government and Financial Markets minister Mats Odell told journalists at a press conference last week that a full-scale review of the structure of AP funds 1 to 4 was off the agenda. "The ...

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