AP3 cuts management bonuses

[16:40 CET 19-03] SWEDEN – Tredje AP-fonden (AP3), the Third Swedish National Pension Fund, has confirmed its chief executive has refunded a bonus paid in relation to 2007 performance and said no bonuses or ‘variable compensation’ will be paid to employees for 2008, in a bid to improve confidence in the fund.

You have now reached your article limit

Already a registered user or member? Sign in here

To continue reading, register free today for access

Register Now

Registration also includes access to

IPE Real Assets

Gated access promo

Five reasons to register today

  1. Access to IPE articles from our award-winning editorial team
  2. Unique IPE market data, rankings and tables
  3. In-depth interviews with pension fund leaders
  4. Extensive coverage of latest asset class trends
  5. Comprehensive archive of data, research and intelligence