Eight out of 10 private sector employees want secure savings with a guaranteed pension controlled by experienced managers, according to a new report from Sweden's AMF.

On behalf of the AMF, Ipsos interviewed 1,587 people from the public with questions related to pensions.

It found that seven out of 10 municipal and regional employees would choose the same (72 per cent), and state employees reported a similar result (66 per cent).

For civil servants, six out of 10 stated that they would make the same choice (60 per cent).

"In the report, we see that a large majority of workers prefer the features of traditional insurance," argued AMF spokesperson, Johan Holmer.

"It is clear that savers want secure savings without excessive demands on commitment, especially when the world around them feels uncertain," he added.

The survey indicated that workers preferred pension savings that did not require as much commitment.

Seven out of 10 privately employed workers (70 per cent) and 72 per cent of municipal, regional, and state employees preferred to have experienced managers manage the investments instead of having to choose themselves.

For six out of 10 white-collar workers, savings that did not require as much commitment were the most important (63 per cent).

Indeed, six out of 10 (64 per cent) private sector workers said they would choose secure savings with a guaranteed pension if they had to choose their occupational retirement today.

This rose to seven out of 10 (70 per cent) for municipal and regional employees.

Among state employees, six out of 10 (62 per cent) believed that secure savings with a guaranteed pension were most important, compared to 54 per cent of white-collar workers.

"It is worrying that despite clear preferences from savers, we continue to see large migration flows from traditional insurance to unit-linked insurance. It is important to consider savers' wishes and needs in order to create more sustainable pension savings," concluded Holmer.

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