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May 28, 2012
Pensions
The following articles have been tagged with "Pensions":
Swedes' pension hopes tied to Facebook IPO
Business & Money: 16 May 12
Close to 3 million Swedes will be watching the upcoming stock market debut of Facebook with added interest after news emerged Thursday that a major Swedish pension fund planned to invest in the social networking site.
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Few Swedes ready to work until they're 75: poll
Business & Money: 8 Feb 12
An overwhelming majority of Swedes disagree with Swedish prime minister Fredrik Reinfeldt's suggestion that workers should be ready to stay on the job until they are 75, a new poll shows.
READ »
Swedes should work until they’re 75: Reinfeldt
Politics: 7 Feb 12
Swedish prime minister Fredrik Reinfeldt said on Tuesday that Swedes need to be prepared to work up to ten years longer than they do today if they want to maintain their standard of living.
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Swedish ad agency behind sex school hoax
Society: 11 Jan 12
The news about the Austrian sex school AISOS, which spread like wild-fire through the international media, was staged by a Swedish advertising agency.
READ »
Greece default 'a threat' to Sweden: minister
Politics: 5 Nov 11
Although the Greek PM Giorgos Papandreou won a narrow vote-of-confidence late Friday, Sweden's European Union Affairs Minister Birgitta Ohlsson warned that a default by Greece would directly threaten Sweden's economy.
READ »
Sweden to pensioners: 'prove you're alive'
Society: 25 Oct 11
Swedish pensioners living abroad will soon be receiving a letter from the Swedish Pensions Agency asking them to fill in a form and report in to the nearest embassy. The reason – to prove they're alive.
READ »
Shock revelation for Swedish pension savers
National: 1 Oct 11
Swedish pension savers were shocked to hear on Thursday that Sjunde AP-Fonden, the default fund for pension savers, has lost some 20 per cent of its value in the past two months.
READ »
Ex-politicians cash in on early pensions pay out
Business & Money: 21 Sep 11
During the first half of 2011 more than 450 former local politicians shared a total of 42 million kronor ($6.3 million) in "temporary" early retirement pensions pay out, according to a new report.
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Swedish pensioners promised tax cut
Business & Money: 5 Sep 11
Sweden's Alliance government has promised pensioners reduced taxes in 2013 or 2014 - if the public finances allow, with reforms to help the poorest pensioners to come into force already next year.
READ »
Sweden battles rise in university cheating
Education: 31 Aug 11
With reports of cheating and plagiarism at Swedish universities on the rise, The Local's Geoff Mortimore looks at how big the problem really is and what's being done to address it.
READ »
'Reinfeldt unclear on terror': Ohly
Politics: 14 Aug 11
Resigning Left Party head Lars Ohly criticised prime minister Fredrik Reinfeldt in his traditional summer speech on Saturday, accusing Reinfeldt of holding a weak standpoint in the battle against racism, islamophobia, and xenophobia.
READ »
Former Swedish minister joins Goldman Sachs
Business & Money: 26 Jul 11
Former Swedish finance minister Eric Åsbrink has been given a new position as an advisor at the United States' largest investment bank Goldman Sachs.
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Pensions firm head resigns after tax planning revelations
Business & Money: 13 May 11
The chairman of Swedish pensions insurance firm AMF is leaving his post after the firm's owners took exception to his tax affairs.
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Stockholmers 'retire' in droves to exploit pensioner discounts
Business & Money: 10 May 11
Thousands of Swedes are claiming hefty pensioner discounts despite being in gainful employment, due to a loophole enabling them to draw some of their pension in advance.
READ »
Vattenfall bosses in 90 million kronor pay offs
Business & Money: 3 Apr 11
The Swedish state-owned energy utility Vattenfall has paid out more than 90 million kronor in severance pay to three German executives, reported newspaper Sydsvenskan.
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Olofsson in the dark over Vattenfall pay off
National: 26 Mar 11
The Swedish government has denied that it, or enterprise minister Maud Olofsson, had any knowledge of the golden parachute payment that led to the sacking of Vattenfall chair Lars Westerberg last week.
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Zlatan to miss Milan derby despite ban cut
Sport: 26 Mar 11
Swedish striker Zlatan Ibrahimovic's ban for violent conduct was on Friday reduced from three games to two but the Sweden forward will still miss next weekend's Milan derby.
READ »
Vattenfall board in corruption unit probe
National: 24 Mar 11
Sweden's National Anti-Corruption Unit is to investigate whether to open a case against the board of energy firm Vattenfall, after revelations of the 12 million kronor ($1.9 million) golden parachute payment to the former CEO.
READ »
Swedish house scuppers privatisation plans
Politics: 16 Mar 11
The Swedish Alliance coalition government has lost the right to sell off stakes in a slew of state-owned companies after a parliament decision on Wednesday afternoon, suffering its most high profile setback since regaining power.
READ »
Swedes suffer drop in disposable income
Business & Money: 9 Mar 11
The majority of Swedes will experience a drop in their disposable incomes this year in comparison to 2009, with higher mortgage costs to blame, according to a new report.
READ »
Sweden mulls raising retirement age
Business & Money: 8 Feb 11
Sweden's social insurance minister has announced that the government has appointed a new committee to investigate whether the country should consider raising the retirement age from the current 65.
READ »
Number of young Swedes in 'early retirement' soars
Business & Money: 26 Jan 11
Since the centre-right Alliance coalition first took power in Sweden, the number of young people receiving disability pension payments has increased by nearly 50 percent, which the social security minister called a "political catastrophe."
READ »
Swedes show little faith in pensions agency
National: 1 Nov 10
After 10 years of retirement savings under the Premium Pension Authority, only one percent of Swedes are very satisfied with their savings, a survey has found, while investment returns this year have lagged.
READ »
Swedish mums seek more kids time: study
Society: 27 Oct 10
Swedish mums would like to spend more time with their kids, half think that other mums would like to be housewives if they could, while six of ten feel that fathers take more responsibility in the home, a new survey has shown.
READ »
Sweden presents budget for 'full employment'
Politics: 12 Oct 10
Sweden's finance minister Anders Borg presented a budget for 2011 on Tuesday morning including 13 billion kronor ($2 billion) in new measures, promising to move Sweden from "crisis to full employment".
READ »
Live Blog: parliament opens
Politics: 5 Oct 10
Another eventful day in Swedish politics has come to a close with Fredrik Reinfeldt having presented his new government, the Sweden Democrats having added a little colour and outraged drama, and the king having calmly reminded the Riksdag of its role as a bastion of Swedish democracy.
READ »
Dramatic election set to make Swedish history
Analysis & Opinion: 17 Sep 10
With polls showing Swedish voters set to re-elect a centre-right government for the first time in decades and the far-right possibly holding the balance of power, Sweden's September 19th election has no shortage of drama, explains the AFP's Nina Larson.
READ »
Introducing the Social Democrats
Analysis & Opinion: 7 Sep 10
Here's a look at the Social Democrats, bidding to assume power at the head of the Red-Green coalition.
READ »
HQ Bank has licence revoked
Business & Money: 29 Aug 10
Sweden's financial regulator has revoked the licence of investment bank HQ due to major deficiencies in the company's trading operations.
READ »
Experts: politicians misled voters on pensions tax
National: 18 Aug 10
Sweden's politicians have been slammed by leading economists who argue that they are misleading the electorate by claiming that income taxes discriminate against pensioners, who in actual fact pay less tax than those in work.
READ »
Swedish seniors set to vote in droves
Politics: 13 Aug 10
Almost all Swedish people aged 55-85-years-old plan to make the effort to vote in the September 19th general elections, a new survey shows.
READ »
Terminally ill woman can get pension early
Society: 21 Jul 10
A terminally ill woman with cancer who was denied the right to withdraw her personal retirement savings account prematurely by the Tax Agency (Skatteverket) will now be allowed to do so, media reports said late on Tuesday.
READ »
Terminally ill woman denied early pension
Society: 16 Jul 10
The Swedish tax agency has rejected the request of a 40-year-old terminally ill cancer patient who wanted to cash in her pension account early in order to travel with her family while she still had the strength.
READ »
Strike grounds Swedish domestic flights
Business & Money: 27 May 10
Thousands of passengers on Swedish internal flights are facing delays and cancellations after 230 pilots working for four regional airlines went on strike on Thursday morning.
READ »
Drug-dealing women hide stash in porcelain dog
National: 14 May 10
Two middle-aged women from southern Sweden have been jailed for drug dealing after large quantities of amphetamines were found in their apartments.
READ »
Pension gaps continue to grow: report
Politics: 3 Apr 10
Income gaps among Swedish pensioners, and between pensioners and the wider population, have grown over the last 10 years, according to a report from Statistics Sweden covering 1999-2008.
READ »
Government promises tax cut for pensioners
Politics: 28 Mar 10
Sweden's centre-right government has indicated it will include tax cuts for pensioners to the tune of five billion kronor ($688 million) in its impending spring budget.
READ »
Controversial bonus windfall for Nordea heads
Business & Money: 24 Mar 10
Capital Markets, the investment banking arm of Nordic finance giant Nordea, has awarded record bonuses for 2009 to staff and senior managers despite criticism from its major shareholder the Swedish state.
READ »
Billions in benefits paid out in error
National: 8 Mar 10
The Swedish Social Insurance Agency (Försäkringskassan) estimates that it paid out 16.4 billion kronor ($2.3 billion) too much in various benefits in 2009, according to a new report.
READ »
Fewer student swindlers suspended for cheating
Education: 29 Jan 10
A tighter control of plagiarism across the Swedish education system is thought to be working after the number of students suspended on grounds of cheating at colleges and universities fell by 15 percent last year.
READ »
Social Insurance Agency 'too generous': report
National: 16 Jan 10
Sweden's Social Insurance Agency has labelled itself too generous in handing out early retirement pensions on grounds of sickness since tougher rules were introduced in 2008.
READ »
US retailer incurs Swedish union wrath
Society: 29 Nov 09
The Stockholm branch of Urban Outfitters, a US clothing retail chain, has found itself under fire after sacking its entire workforce after they voiced demands a collective union agreement.
READ »
Beyond the insults: Swedish Model 2.0
Analysis & Opinion: 16 Sep 09
As Sweden takes a battering in the US health care debate, Swedish Institute chief Olle Wästberg examines two of the insults most frequently flung: that Sweden is rampantly socialist, and that it's the poster child for neo-liberal market excesses.
READ »
Sweden pledges aid money to Palestinians
National: 12 Aug 09
Sweden has agreed to pay direct support of 50 million kronor ($6.9 million) to the beleaguered Palestinian Authority, the foreign ministry announced on Wednesday.
READ »
Councils to cash in on autumn budget
Business & Money: 10 Aug 09
Local council finances, investments in welfare services and measures to counter unemployment are to be given priority in the autumn budget, according to Sweden's prime minister Fredrik Reinfeldt.
READ »
Swedish women keep working after 65 despite job cuts: study
Business & Money: 28 Jul 09
Despite recent job cuts in the wake of the financial crisis, there are almost twice the number of women over the age of 65 working in Sweden today than four years ago, new statistics published on Tuesday show.
READ »
AMF Pension reaches settlement with ex-CEO
Business & Money: 23 Jun 09
The former CEO of Swedish pensions firm AMF Pension has agreed to reimburse his old employer following a bonus scandal that jeopardized the career of trade union chief Wanja Lundby Wedin.
READ »
Union chief criticized for taxable perk error
National: 24 May 09
Wanja Lundby-Wedin, head of Sweden’s Trade Union Confederation (LO), has been criticized for letting her husband stay for free at an Italian holiday camp. The union-owned resort is also being pursued by Italian police for unpaid social taxes.
READ »
AMF demands pension refund from ex-CEO
Business & Money: 19 Apr 09
Swedish pensions firm AMF Pension has concluded that ex-CEO Christer Elmehagen received a higher pension than that agreed and has demanded that he repay the difference.
READ »
'Let schools suspend pupils': Björklund
Education: 14 Apr 09
Sweden's government is preparing a new law that will enable schools to suspend pupils for up to a week, Education Minister Jan Björklund has revealed.
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Huge pensions for company directors
National: 11 Apr 09
Major Swedish companies continue to provide lavish pension plans for senior management staff.
READ »
Union chief avoids sack
National: 7 Apr 09
Wanja Lundby-Wedin is to remain in her post as head of Sweden’s Trade Union Confederation (LO), it was announced after a seven hour board meeting on Monday.
READ »
Alliance overtakes opposition: poll
Politics: 4 Apr 09
The Alliance government in Sweden has overtaken the red-green opposition, a new poll shows. The poll indicates that in an election the far-right Sweden Democrats would be left holding the balance of power.
READ »
AMF Pension ex-CEO makes pensions agreement public
Business & Money: 2 Apr 09
AMF Pension embattled former CEO Christer Elmehagen has reached an agreement with the firm's chairperson Göran Tunhammar to make public part of his controversial pension agreement.
READ »
Pressure mounts on union head to quit
Politics: 25 Mar 09
The head of the third largest district of Sweden’s Trade Union Confederation (LO), is calling for the organization’s national leader, Wanja Lundby-Wedin, to step down.
READ »
Union leader in hot seat over AMF Pension row
Business & Money: 24 Mar 09
The head of Sweden’s main trade union group is facing a storm of media criticism following revelations that she approved a lavish pension package for former AMF Pension CEO Christer Elmehagen.
READ »
Pension fund favours banks not savers
National: 22 Mar 09
Sweden's banks are the only winners from the Premium Pension Authority fund system. Despite plunging values fund managers have managed to pull in billions of kronor since the scheme was launched.
READ »
Bullet sent to Sweden's finance minister
National: 20 Mar 09
A letter with a .22-calibre bullet arrived at the offices of Swedish Finance Minister Anders Borg on Thursday courtesy of a leftist extremist group angered by bonuses paid to executives at state-owned companies.
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AMF Pension sacks senior executive
Business & Money: 17 Mar 09
The vice-CEO at Swedish pensions firm AMF Pension, Ingvar Skeberg, has been sacked after revelations of malpractice.
READ »
AMF Pension CEO named Sweden's top businesswoman
Business & Money: 4 Mar 09
Ingrid Bonde, the head of Swedish pension firm AMF Pension, has been named Sweden’s most powerful businesswoman by a leading business magazine.
READ »
'Taxes still too high in Sweden'
Analysis & Opinion: 3 Mar 09
Sweden's government needs to continue lowering taxes if the country is to get to grips with excessive public spending and an eroding work ethic, argues Nima Sanandaji.
READ »
Men at 40 have highest incomes in Sweden: study
Business & Money: 22 Jan 09
Forty-year-old men are the top earners in Sweden, new statistics show.
READ »
Swedish pension fund warns of payment cuts
Business & Money: 19 Jan 09
Swedish pensions firm AMF Pension has confirmed there is a significant risk it will have to cut its dividend rate and therefore pensions payments to new pensioners. Global stock market falls are to blame.
READ »
Brand Sweden enters global top ten
Society: 10 Nov 08
A typically inhumane November mixture of wind, sleet, snow and SAD is not enough to dampen Sweden's mood, as the country uses its cunning and stealth to creep into the top ten of a prestigious nation branding index.
READ »
Eight in ten Swedes feel effects of crisis
Business & Money: 10 Oct 08
Nearly 80 percent of Swedish households say they are feeling the effects of the current financial crisis, according to a study by Swedish life insurance company SEB Trygg Liv.
READ »
Higher debts hit Swedish households
Business & Money: 15 Sep 08
While Swedes struggle to cut spending and put more money in the bank, a new survey shows that households are poorer and more indebted than at any time in recent memory.
READ »
Swedish women's pensions lower than men's
Business & Money: 15 Aug 08
Yet another Swedish report proves that Swedish women draw the short straw when it comes to pensions.
READ »
Tax breaks for poor pensioners
Politics: 17 Jun 08
Pensioners with low incomes are due a much welcome tax break in the new year.
READ »
'Youth tax breaks an irresponsible waste of money'
Analysis & Opinion: 7 Apr 08
The Left Party's labour affairs spokesperson, Josefin Brink, takes the Swedish government to task over plans to reduce social fees for people under 26.
READ »
Scottish pension fund adds name to Ericsson suit
National: 10 Mar 08
One of the largest pension funds in Scotland is adding its name to a class action law suit against Ericsson for alleged violations of securities laws.
READ »
Papers push back on papa payments
Analysis & Opinion: 29 Feb 08
David Landes looks at press reaction to the Moderate Party's suggestion of additional incentives designed to ease the ability of fathers to stay home and care for their children.
READ »
Handelsbanken sells life insurance arm
Business & Money: 3 Sep 07
Norway's biggest insurance group Storebrand has reached an agreement with Swedish bank Handelsbanken to buy its life insurance and pension unit SPP for €1.9 billion.
READ »
Office workers keen to change jobs
Business & Money: 31 Jul 07
One in three white collar workers would like to settle into a new workplace with the next twelve months, according to a new survey.
READ »
Sick leave in Sweden falls
Society: 20 Jul 07
Fewer and fewer people are taking sick leave in Sweden. In the past year, the cost of sick benefits has fallen by 2.8 billion kronor. Still, over half a million people are on sick pensions.
READ »
Sweden to abolish wealth tax
National: 28 Mar 07
Wealth tax will disappear this year, the leaders of the governing Alliance parties have promised in a surprise move.
READ »
AOL's TradeDoubler bid rejected by Alecta
Business & Money: 15 Jan 07
US Internet giant AOL has bid for Swedish online ad company TradeDoubler. But the Swedish company's largest shareholder has dismissed the bid as too low.
READ »
EU takes Sweden to court over pensions discrimination
Business & Money: 9 Jan 07
The Swedish pension system discriminates against foreign pension funds. That is the opinion of the EU Commission, which intends taking Sweden to the European Court of Justice.
READ »
Government cracks down on sick leave
Business & Money: 21 Dec 06
Sweden's high rate of sick leave has to fall, the government has said. Parliament has passed plans to cut sick benefits, and has received proposals to further tighten the system.
READ »
Leaders in final plea to voters
Politics: 16 Sep 06
The leaders of Sweden's main parties crossed swords in a final televised debate, as they tried to persuade floating voters to tip Sunday's election in their favour. Once again, jobs dominated.
READ »
Election goes down to the wire
Politics: 15 Sep 06
It's only two days until the election, and still neither of Sweden's political blocs has a clear lead. With 18 percent of voters still undecided, all parties have everything to play for.
READ »
"There is disgruntlement in the air"
Analysis & Opinion: 11 Sep 06
It is dawning on the world's media that Sweden, the only country in the world to have a whole economic model named after it, could lurch to the right in Sunday's election. Louis Roper looks at what the papers outside Sweden are saying.
READ »
Official unemployment down
Society: 11 Sep 06
Unemployment fell in August, according to new figures from labour market administration AMS.
READ »
Leaders in savage election clash
Politics: 8 Sep 06
Fredrik Reinfeldt and Göran Persson met in a heated debate on Swedish Radio on Friday. Again, Reinfeldt accused Persson of lacking a jobs policy, and again Persson said the Alliance wants to help the rich.
READ »
"The Jobs are coming"
Analysis & Opinion: 7 Sep 06
The Social Democrats have got a boost from the Liberal Party's mistakes, but jobs remain a big election issue. Top Social Democrat Håkan Juholt argues that his party is tackling the problem.
READ »
Persson promises 930 kronor a day to jobless
Politics: 18 Aug 06
More unemployed people will be able to claim 80 percent of their previous wage in benefits. The cost: up to 3.5 billion kronor. The plan was announced as the Social Democrats' manifesto was launched on Friday.
READ »
"1,000 jobs to go at Volvo"
National: 18 Jul 06
Car maker Volvo could cut 1,000 jobs this autumn to improve efficiency, according to media reports. "We have to make more cars with fewer personnel," says Volvo chief Fredrik Arp.
READ »
Sweden's leaders set for intense week on Gotland
Politics: 3 Jul 06
Göran Persson has kicked off the annual Almedalen political fest on Gotland saying that the Alliance has made a "terrible mistake" by focusing on cuts in unemployment and sick benefits.
READ »
The Social Democrats' dilemma
Analysis & Opinion: 29 May 06
The economy is growing well, official unemployment is falling, and the welfare state is still supported by most Swedes. Are Social Democrats a victim of their own success, asks David Stavrou.
READ »
Steen pension will not be changed
Politics: 17 Mar 06
SEE ALSO: It pays to be on the inside
Systembolaget won't renegotiate Anitra Steen's pension, even though it breaks government rules. Hypocrisy, says the opposition: 'It's 'unfortunate that the prime minister's best pal is negotiating with the prime minister's wife.'
READ »
"Scrap CEO's pension" - government
Business & Money: 2 Mar 06
An 80 million kronor pay and pension deal for the head of state-owned mining company LKAB should must be renegotiated, says the government. The order follows criticism of the agreement from left-wing firebrand Marita Ulvskog.
READ »
Jobs dominate party leader debate
Politics: 20 Feb 06
The leaders of Sweden's main political parties squared up to each other on Sunday night in the first live television debate of the election year. Jobs, or the lack of them, was the central issue.
READ »
Swedish system could solve pensions crisis - World Bank
Society: 17 Feb 06
As around six million orange envelopes begin plopping through letter boxes with news of Swedes' pension statuses, Sweden's system has been hailed as a possible way out of the pensions crisis facing many countries.
READ »
Karlsson: unemployment 'will fall to 4 percent'
Politics: 13 Feb 06
The Labour Minister promises that unemployment will fall from 5.4 to 4 percent by the middle of the year. But the Moderates insist that unemployment is actually nearer 17 percent.
READ »
Opposition leaders united on tax cuts
Politics: 1 Sep 05
"Historic". "Unprecedented". Sweden's opposition leaders put their names to an agreement on major reforms to the country's tax system, including a 45 billion kronor cut in income tax. Now they just have to win an election.
READ »
Early retirement rises - sick leave down
Society: 3 Aug 05
The cost of sick pensions, or "early retirement", in Sweden is set to continue rising, while sick leave is falling. More people are moving into early retirement than are moving from early retirement back into work.
READ »
Social democrat MP fired from "other job"
Politics: 19 Apr 05
For years Ola Rask has enjoyed two full time salaries, two pensions, two credit cards, and a free house. Now, amidst allegations of financial irregularities, he's been fired from one job - and it's not the one in Sweden's parliament.
READ »
Women "not saving enough"
Business & Money: 22 Mar 05
Women risk having considerably lower pensions than men. The reason, according to a study by the alliance of insurance companies, Länsförsäkringar is quite simple: they're not saving enough.
READ »
Major museums to scrap entrance fees
Lifestyle: 22 Sep 04
Flush with cash from last week's budget, many of Sweden's largest museums will be free next year. But most importantly they'll also have more toilets.
READ »
Medical care to become more expensive
Smörgåsbord: 31 Aug 04
READ »
One million Swedes on benefit
Society: 27 Aug 04
Young retirees are costing Sweden dear - as are the elected ones, who just voted to raise their own pension payments. And while they are securing financial comfort in later life, an alarming number of Swedish children are growing up in poverty.
READ »
Meet Sanna, 9 years old
Sanna is one of 2 million people in Sweden under the age of 18. Sweden is seen as a good place to grow up. The law makes sure children are well-protected and defends their rights and any organizations work with children's well-being. Read more »
Strindberg, king of drama
August Strindberg's plays shocked society, dazzled audiences and revolutionized drama. A century after his death, Strindberg, with his powerful, timeless themes, is celebrated around the world. Read more »
Prime Minister Reinfeldt chats with The Local »
"If you missed it yesterday, here’s The Local’s editor David Landes snagging Prime Minister Reinfeldt for a chat before Princess Estelle’s baptism. Always nice to know the PM has time for TL!" READ »
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