IEPlus: Gilt edged prize to Swedish fund association
The Swedish Investment Fund Association’s project to promote personal finance – Trygga din ekonomiska framtid – has been awarded a prize by SPV (Statens Pensionsverk) for its efforts in the area of pension information and education.
The project is developed together with the Swedish Financial Supervisory Authority (Finansinspektionen), and the Association’s role is to assist in educating people who will in turn provide information about saving through funds. This includes the development of a brochure about funds and how they can be used to meet savings goals.
In its decision to award the prize, SPV said: “With limited resources Finansinspektionen’s project to educate the people reaches out across a broad front with fact-based, easily accessible and pedagogical information on what everybody ought to know about pensions. It shows that co-operations is the distribution format of the future, and that large sections of the population can indeed absorb information about pensions without any special prior knowledge.”
SPV is the administrator of pensions to people working in government departments and agencies in Sweden. It also acts as a provider of pension services to the private sector. Customers include the Swedish Tax Agency, the Swedish Armed Forces, the Swedish Road Administration, and the country’s courts.