Alecta Optimal Pension - quite simply a good pension

Fees make a big difference to your pension

Fees have a significant impact on the total amount of your pension. When fees are low, more money goes to you and less goes to the fund manager. With us, the management fee is 0.05 per cent of your pension capital within ITP. You never pay more than SEK 40 a month, or a total of SEK 480 in one year.

Why our fees are low

To keep our fees really low, we do all the asset management ourselves. We have a focused equity portfolio and efficient management. Since we manage one of Europe's largest pension capitals, we also benefit from economies of scale that help us to have the lowest total fee in ITP.

Long-term vision for better returns

Alecta Optimal Pension has multiple investment options. They include different percentages of equities, interest-bearing securities and alternative investments. Alternative investments may include such things as property and infrastructure, forests, corporate credits and unlisted shares. Thanks to a high proportion of shares and an asset distribution tailored to pension savings, we can give you good returns while maintaining a balanced level of risk.

So far, our investment strategy has been successful and Alecta Optimal Pension has had the best return within ITP since 2007 when the pension was introduced.

‘An even better pension’

According to the ITP procurement for 2023–2028, selection centre Collectum found that Alecta had the highest total return over 3, 5, 10, 15 and 20 years compared to its competitors. Collectum also writes that: ‘Alecta successfully combines high investment risk with secure pension payments in a way that is expected to provide many ITP salaried employees with an even better occupational pension.’ 

Your pension helps the environment

For Alecta Optimal Pension, our overall goal is for the investment portfolio to be climate neutral by 2050. That's why we invest your pension contributions to meet high standards in terms of both returns and sustainability.

Guaranteed to get at least the premiums paid-in back

With Alecta Optimal Pension, you are covered by a guarantee that ensures you receive a pension that is at least equal to the premiums paid-in by your employer. This means you can never get less pension than this amount – only more.

All profits go to our customers

Alecta is a mutual insurance company. This means that we are owned by you and our other customers. When Alecta does well, so does your pension. All profits are passed back to our customers and distributed monthly.

We manage everything in-house and spend a lot of time on each investment, meeting regularly with the companies in our portfolio to get a good understanding of their business. So far, our strategy has been successful and Alecta Optimal Pension has had the best return within ITP since it was introduced in 2007.

Sustainable investments

Alecta is one of the largest companies on the Swedish financial market. We are one of the biggest owners of Swedish listed companies and one of Sweden's biggest property owners. This means that we have great opportunities to participate in and influence the companies we invest in.

Our goal is to help create long-term value for companies and society as a whole.

Cushioning bad stock market years

To ensure that your pension is not affected too much even in bad years on the stock market, we use a special model called cushioning. Thanks to this, your pension cannot be reduced by more than 3% from one year to the next. This applies to those who have a lifetime payout and have an investment policy of 40 per cent equities during the payout period.

Levelling out market fluctuations

If you are receiving pension payments from us today, it may be useful to know that we also use a 'forecast interest rate' when calculating your monthly pension. We adjust it every month to level out the fluctuations that a changing market can have on your pension capital. This means that your payment will be higher.

If you have the ITP 1 or ITPK pension scheme, make your choice with Collectum

You can select Alecta for your defined contribution occupational pension. You can do this through your Collectum selection centre.

If you don’t make a choice

But you don't have to select anything if you don't want to. If you are a private salaried employee, chances are you already have Alecta as your pension manager. This is because Alecta has been selected as the default company in all five ITP procurements since ITP 1 was introduced in 2007. And we’re very proud of this fact!

If you have a pension scheme other than ITP

If you belong to another collective agreement, you can make your selection at the selection centre responsible for your collective entity.