Swedish pension company Futur Pension has taken over as insurer and risk insurer for BTP1 in Valcentralen.

BTP1 is an occupational defined contribution pension scheme for those working in banking or finance, while Valcentralen is part of Skandikon AB and offers election centre services within collectively agreed and voluntary plans.

Those insured within BTP1 do not currently have a centrally procured election centre and Skandikon therefore offers this services to employers looking for a flexible solution for their employees.

It also offers a platform for efficient internal administration.

Futur Pension head of unit linked, Stefan Sudra, said that it was gratifying that there was finally the possibility of an election centre management within BTP1.

“It has been a piece of the puzzle that has been missing since BTP1 was launched in 2013,” Sudra continued.

“As BTP1 has grown, the administration has become more and more comprehensive.

“Therefore, it feels extra good that we now have a good digital solution in place that makes it easier for our client companies as well as for us.”

Skandikon CEO, Niklas Eriksson, added: “We are very happy about the collaboration with Futur Pension where we can jointly create an attractive service.

“We see potential to grow this business further and hope to be able to help more employers within BTP with efficient administration of their occupational pension.”

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