The Swedish Fund Selection Agency (FTN) has confirmed that the fee for submitting tenders in premium pension procurements will rise sharply in 2026, from SEK 18,000 to SEK 35,000 per submission, as part of a wider adjustment to the charges that fund managers pay to support the agency’s operations.

FTN, which is financed outside the state budget through fees paid by tenderers and by fund managers with products on the premium pension platform, reviews its fee levels annually to ensure they reflect the long-term cost of monitoring funds and assessing tenders.

The 2026 levels have now been approved by both the agency and the Swedish government.

FTN said the new level more accurately reflects the costs associated with reviewing and evaluating bids, and the fee will continue to be payable at the point a tender is submitted.

At the same time, the annual monitoring fee charged to affiliated funds – those with fund agreements assigned before 20 June 2022 – will be reduced from SEK 20,000 to SEK 15,000 per fund.

This charge is set to be phased out gradually as older affiliated funds are replaced with procured funds on the platform.

Meanwhile, the annual platform fee for procured funds will remain unchanged.

This continues to be calculated as a percentage of assets under management, set at 0.005 per cent for low-complexity funds and 0.015 per cent for standard-complexity funds.

FTN said the updated fee structure is designed to align charges more closely with the actual cost of fund monitoring and tender evaluations, while ensuring the long-term sustainability, independence, and effectiveness of the premium pension fund selection system.

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