Alecta Optimal Pension - quite simply a good pension

Alecta Optimal Pension offers convenient and easy saving(s) designed to suit the vast majority of people. It’s a traditional occupational pension with very low fees, good returns and a guarantee.

Our low fees mean you get a higher 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 enabling the lowest possible fee in ITP.

Well-designed investment plans for good returns

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 for 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 a good return within ITP since 2007 when the pension was introduced.

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.

You are covered by a guarantee

Guaranteed to get at least the premiums paid-in back

With Alecta Optimal Pension, you are covered by a guarantee which ensures that you will 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.

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.

Steady pension payouts even when the stock market fluctuates

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 per cent from one year to the next. This applies to those who have a lifelong 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.

How to select Alecta

If you have ITP 1 or ITPK, make your choice with Avtalat

You can select Alecta for your defined contribution occupational pension. You can do this through Avtalat.

If you don’t make a choice

You don't have to make a choice if you don't want to. If you are a private salaried employee, you might already have Alecta as your pension manager. That’s because Alecta has been chosen as the default provider in all five ITP 1 procurements since ITP 1 since the system was introduced in 2007. And yes – we’re really proud of that!

If you have a pension other than ITP

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

Collective agreement	Selection centre where you make your choice
SAF-LO contractual pension – privately-employed workers	Fora
PA 16 avd 1 and avd 2 – Government employee	SPV
FTP 1 and FTP 2 - Private salaried employees in the insurance industry	Valcentralen
PA-KFS 09 and Gamla PA-KFS – Municipal company employee	Pensionsvalet
KAP-KL/AKAP-KR – employee of a municipality or region	Pensionsvalet and Valcentralen