86% of new PPM members opt for default fund

By 24 April 2002

SWEDEN- Sweden’s PPM system has taken on a further Sek216m (e23.5m) from the latest influx of new members. Of the 196,000 joining the scheme for the first time, 86% preferred not to choose a fund and instead ended up in the default AP7 fund. Those 14% of new savers not ...

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