Småföretagarnas Riksförbund launches the market's first fully digital occupational pension

Helena Krona, Head of Office of the Federation of Small Businesses

Today, Småföretagarnas Riksförbund is launching occupational pensions as an important membership benefit for its members. The digital pension platform Pensure has been chosen as the partner for this offer. Through Pensure.se, members get access to a completely digital occupational pension with a completely new and revolutionary pricing.

In Sweden, 9 out of 10 employees have an occupational pension through their employer, but for entrepreneurs with less than 20 employees, 4 out of 10 have no occupational pension.

"The Swedish Confederation of Small Enterprises works to make it easier, more profitable and safer to run a business in Sweden. By safe, we mean that an entrepreneur should have the same social security and pension protection as an employee. There are many reasons why entrepreneurs do not apply occupational pensions for themselves and their employees. They perceive occupational pensions as complicated, difficult to access and expensive. To simplify and provide a cost-effective solution for our members, we are now launching the possibility for them to take out occupational pensions via our insurance platform (smaforetagarnasforsakring.se)," says Peter Thörn, President of the Federation of Small Businesses in Sweden.

In a day filled with meetings, emails and deadlines, it can be hard to find the time to actually address issues that are important but don't have a direct impact on day-to-day operations. To address retirement, the process needs to be quick, easy to get to grips with and, most importantly, there needs to be a clear win in doing what is required.

"We have chosen Pensure because they offer a simple and user-friendly digital service without paper and unnecessary administration and where the entrepreneur has access to a pricing of his occupational pension that previously only applied to large companies." says Krister Palin, partner at Försäkringsutveckling AB who is responsible for the association's insurance offerings.

Pensure is challenging the industry by being the first all-digital solution with a completely new contribution model for occupational pensions. The pricing model gives smaller companies access to negotiated rates for occupational pensions, previously reserved for large companies and groups. Instead of insurance fees that erode the individual's pension, companies pay an annual licence fee to access the digital administration tool via Pensure.

"For the entrepreneur, there is a clear benefit in choosing Pensure. A 30-year-old entrepreneur who starts saving SEK 5,000 per month can receive SEK 3.2 million more in pension payments via Pensure.se compared to if they instead choose to save in an insurance company with traditional pricing", continues Krister Palin.

Your choice of occupational pension has a major impact on your own future. But what many people don't think about is that if pension money is invested in sustainable companies, the capital can contribute to a better world in the long run. That's why Pensure has chosen to partner with SPP, named the world's most sustainable insurance company in 2018 by Corporate Knights*.

"For us, it is a matter of course to work with an insurance company that gives high priority to sustainability. This means that our clients can sleep soundly at night and rest assured that their pension money is contributing to a better world by being invested in decent funds," concludes Ervin Fazlic, partner at Pensure.

For further information please contact:

Helena Krona, Head of Office of the Federation of Small Businesses, +46 73 528 57 86, helena.krona@smaforetagarna.se

Mikael Claesson, Founder Pensure, +46 70 730 69 03, mikael@pensure.se

Krister Palin, Partner Insurance Development AB, +46 70 838 69 55, krister.palin@fuab.com

*The "Global 100" list was presented at the World Economic Forum in Davos. Storebrand/SPP is the most sustainable company in the world in the insurance category in 2018. In total, the Group was ranked number 38 out of 5,995 ranked companies.

Pensure is a digital platform where small and medium-sized enterprises can easily sign profitable occupational pension contracts. Every penny is saved in sustainable businesses, giving you more money to live with as a retiree - while contributing to a better world.