SPP distributes SEK 240 million to corporate customers

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A large proportion of SPP's corporate customers will receive part of surplus funds of almost quarter of a million Swedish kronor. This surplus has arisen as a result of SPP's conversion into a profit-distributing company in 2006 and also due to a high rate of return.

SPP's corporate customers with defined benefit, optional ITP plans will receive part of the surplus. Information about the amounts to be disbursed has now been sent to the customers.
 
SPP's optional ITP insurance corresponds to the ITP plans offered to companies with collective agreements. For companies without a collective agreement or that, for various reasons, are seeking alternatives, SPP's optional ITP insurance has been a logical choice. So that the companies have a full-range alternative to the new ITP plan, SPP is now offering both defined benefit and defined contribution optional ITP plans.
 
"Our customers appreciate us being able to provide both types of insurance and we are convinced that others will value there being attractive alternatives on the market," says Michael Zell, chief executive of SPP.
 
 
For further information please contact:
Michael Zell, chief executive SPP, +46 70-606 54 10
Tommy Forsberg, Business Manager, ITP-related plans, +46 70-893 70 02

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