Entrepreneurs in Sweden are calling out for predictable pension payments that do not vary greatly from year to year, research conducted for SH Pension has shown.

The study, conducted by Novus, found that eight in 10 entrepreneurs believed that predictable retirement savings were important.

SH Pension noted that security and stability were becoming increasingly important for entrepreneurs’ pension savings amid geopolitical unrest and sharp fluctuations in the stock market.

The respondents were operational owners and decision-makers with responsibility for occupational pensions in companies with up to 50 employees.

“In troubled times, we see that many entrepreneurs are looking for stability rather than maximum return by taking on higher risk,” said SH Pension pension specialist, Eva Fluhr.

“Traditional insurance is a good alternative that is particularly well suited when markets are uncertain.

“Predictable pension payments provide security and make it easier to plan private finances while also feeling peace of mind.”

The survey also showed that 88 per cent of entrepreneurs in Sweden were saving into an occupational pension scheme.

However, 23 per cent said they did not know the different between an occupational pension and a public pension.

“We see that the need for knowledge and guidance regarding pension savings remains great,” Fluhr stated.

“Here, traditional insurance with a built-in guarantee and risk spread across several asset classes is a safe way to go.

“Historically, it has proven to withstand stock market falls in an impressive way, while at the same time providing the saver with professional management without having to be active themselves.”

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