Swedish pension provider Alecta has reported an 8 per cent return for its Optimal Pension defined contribution (DC) product in the nine months to 30 September 2026, up from 5.8 per cent over the same period in 2025.

Its quarterly results revealed that assets under management in the total portfolio for Alecta Optimal Pension, which is invested 60 per cent in equities, amounted to SEK 389bn at the end of September 2026, up from SEK 333bn at the end of September 2025.

Over the past five-year period, Alecta Optimal Pension's total annual return averaged 6.2 per cent.

Meanwhile, in defined benefit (DB) insurance, collective consolidation, which is a financial buffer for Alecta’s insurance commitments against variations in returns and determines customer bonuses, improved year-on-year.

The results showed that collective consolidation stood at 175 per cent at the end of September, up from 167 per cent at the end of Q3 2025.

Assets under management in the total DB portfolio amounted to SEK 1,075bn at the end of Q3 2025, compared with SEK 1,042bn at the end of the same time last year.

Additionally, the interim results showed the group’s solvency ratio rose from 203 per cent at the end of Q3 2025 to 216 per cent at the end of Q3 2026, while its asset management expense ratio increased from 0.026 to 0.028 per cent at the end of Q3 2026.

The consolidated management expense ratio fell slightly from 0.07 per cent to 0.06 per cent.

Furthermore, total capital under management was SEK 1,464bn, an increase from SEK 1,375bn at the end of Q3 2024.

---