Restructure on the cards for AP7 fund amid PPM review

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SWEDEN - Sjunde AP-fonden (AP7), the default fund for Sweden's first pillar Premium Pension System (PPM), could be restructured along the lines of a traditional lifestyle or generation fund under plans being considered by the commission set up to review changes to the PPM.

Karl-Olof Hammarkvist, a professor at the Stockholm School of Economics, who is leading the government-initiated review, said the commission was discussing dividing the fund into different maturiti...

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