Regulatory Alerts2020-05-05
Regulations amending Finansinspektionen’s regulations on information about insurance and occupational pensions
Finansinspektionen amended its regulations and general guidelines regarding information disclosure for insurance and occupational pensions to update definitions and scope. The changes clarify the application of rules to foreign institutions for occupational retirement provision and introduce specific definitions for terms such as allocated bonus, geometric mean, and conditional bonus. Additionally, the guidelines mandate that key investor information documents for savings-type life insurance be structured to facilitate consumer comparison and clearly state guarantee levels.
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