Swedish pension provider Futur made a profit of SEK 420m in 2024, up from SEK 316m in 2024.
Publishing its full-year results, Futur attributed the increase to growing net inflows, good returns on customers' capital and cost efficiency. Furthermore, the provider has revenues of SEK 998m up from SEK 806m in 2023.
It said that customers have generally enjoyed strong returns in 2024. In particular, customers with exposure to the global equity market, led by the US stock market, have seen their capital grow significantly.
During the year, Futur welcomed four new partners and 23,000 new customers, with an 80 per cent growth in occupational pensions custody.
Commenting, Futur CEO, Torgny Johansson, said: “In the coming years, we see great opportunities to continue to grow by developing innovative and efficient savings and pension services together with our partners.
“And in 2025, we will continue to invest in digital self-service to reinforce our position as the obvious choice for savings and retirement. We also look forward to more and deeper collaborations during the year.”
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