Highest average returns for Handelsbanken’s occupational pension customers over the past ten years
Handelsbanken Liv’s fund portfolios have delivered the highest average returns over the past ten years for both individual and collective agreement occupational pensions, according to a new summary published by consumer organisation Konsumenternas. According to the same summary, Handelsbanken Liv also leads the rest of the field for the last five-year period.
“Pension savings is often a long-term undertaking, which is why it feels particularly rewarding to have been able to provide our customers with such high returns over an extended period of time. We collaborate with leading fund management companies and asset managers, and carry out thorough analyses prior to selecting funds for our portfolios. The factors behind our success include stringent sustainability requirements, for example by excluding fossil-fuel based energy and actively selecting sustainable alternatives,” explains Martin Björgell, product manager at Handelsbanken Liv.
Highest returns for Handelsbanken Liv’s standard portfolio
Konsumenternas is an independent service, provided free of charge, which publishes comparisons of insurance, bank and pension products. Every year, it presents a summary of the historical returns for individual occupational pensions for all pension companies, with the help of a standard portfolio. The standard portfolio consists of the fund with the lowest cost from four common fund categories – Global funds, Sweden funds, Mixed funds and Fixed income funds – from each of the company’s selection of funds.
“I am delighted that Handelsbanken’s customers have been able to enjoy the highest returns from their occupational pensions over the past ten years, as this can result in several thousand kronor more in pension every month. The standard portfolio demonstrates that our selection of funds comprises solid funds in several categories, combining low fees and high returns,” says Martin Björgell.
Handelsbanken Liv’s standard portfolio consists of four mutual funds from Handelsbanken Fonder. The comparison from Konsumenternas shows that it has yielded the highest average returns for both the past five-year period and the past ten-year period, as well as the second highest average returns for the past three-year period.
High returns also achieved for collective agreement occupational pensions
The comparison from Konsumenternas also shows that Handelsbanken Liv’s default solutions for collectively agreed occupational pensions have yielded similarly positive results compared to other pension companies. A default solution is the pre-selected investment alternative which the insurance company offers people who do not make an active choice of fund. The heading “No selection made” in the summary refers to the company offered to people who have not made an active choice in accordance with the agreement with the parties on the labour market.
| Type of agreement | Handelsbanken Liv Average returns - 10 years |
No selection made Average returns - 10 years |
Handelsbanken’s position compared to other companies |
| Private sector white-collar employees (ITP) | +16.6% | +11.6% | 1st place |
| Private sector blue-collar employees (SAF-LO) | +16.4% | +10.2% | 1st place |
| State sector employees (PA16) | +15.2%* | +10.9%* | 3rd place |
| Employees employed at municipalities and regions (KAP-KL) | +15.2%* | +5.6%* | 4th place |
*Handelsbanken’s current default solution has not been in place for ten years, so the average returns for the past five years have been reported for these types of agreement.
More information
The independent comparisons are available on the Konsumenternas website.
Konsumenternas is an independent service, provided free of charge, and is a collaboration between the Swedish Consumers’ Banking and Finance Bureau and The Swedish Consumers’ Insurance Bureau
For further information, please contact:
Martin Björgell, Product Manager, Handelsbanken Liv, +46 72 565 59 27
Handelsbanken Press Office, press@handelsbanken.se, +46 8 701 80 18
About Handelsbanken Liv
Handelsbanken Liv is Handelsbanken’s life insurance company and is a wholly owned subsidiary. We provide insurance policies in all of Handelsbanken’s branches around Sweden, and our vision is to contribute to more secure lives and a better future. We have approximately SEK 250 billion under management, and work, through sustainable investments, to provide good returns for our customers – financial yield and environmental progress, as well as stability and security.
For more information about Handelsbanken Liv, see: www.handelsbanken.se/liv
About risk
Past returns are no guarantee of future returns. Investments made in mutual funds can rise or fall in value, and it is not certain that you will get back all the amount you invested. A comprehensive information brochure with fund regulations, fact sheets and current performance data can be found at www.handelsbanken.se/fonder
