- The jointly owned investment company of the first, third and fourth Swedish AP funds, Polhem Infra, has submitted an offer for a 49 per cent ownership in Pori Energia Oy, a municipal utility of the City of Pori in Finland.

Polhem Infra said the investment would be a “great fit” with its investment strategy and reflect “our commitment to partnering with municipalities to enhance and develop critical infrastructure”. The offer is currently being evaluated by the City of Pori.

- Storebrand Asset Management (SAM) has made a strategic decision to move all fund strategies currently registered in the Norwegian domicile to the Swedish domicile.

SAM said the move emphasises its desire to strengthen its position in the Nordic financial market. It will start implementing the changes in 2025. In recent years, SAM has experienced significant growth both in the Nordic region and internationally.

“Sweden, as the largest financial market in the Nordic region, represents a good domicile and starting point for SAM's funds. This transfer supports SAM's strategic goal of centralising operations, improving the customer experience and achieving long-term efficiency gains,” it stated.

- The Dutch pension fund PNO Media has launched a new flexible pension offering - PNO Pensioen Op Maat – making it the first fund to offer a flexible contribution scheme (FPR) as part of the new Dutch pension system.

The new scheme fully complies with the new Future Pensions Act (Wtp). It allows employers to decide on the amount of savings premium and which insurance components to add to the scheme, such as insuring disability risk or death risk. In addition, the employer can offer the employee the option of depositing an additional premium for a higher pension capital or increasing the insurance of the survivor's pension.

Employers with a pension scheme with PNO Media will switch to a pension scheme complying with the Wtp from 1 January 2027.

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