PLUSpension Fondförsäkring closes down on August 1, 2015

The Swedish Government decided in December last year to reduce deductibility for private pension savings to 1800 kronor per year as of January 1, 2015. A proposal has been submitted to entirely abolish deductibility as of 2016.
Following a decision taken by the board of VFF Fondförsäkring AB, as of August 1, 2015 it will no longer be possible to pay in additional premiums to any existing PLUSpension Fondförsäkring. As of the same date it will also no longer be possible to take out a new policy of this kind or to transfer capital from a pension insurance policy to PLUSpension Fondförsäkring.
The possibility of transferring from VFF Fondförsäkring AB to a traditional insurance in Volvoresultats Försäkringsförening is not affected. Nor is there any restriction on the possibility of switching funds in existing insurance policies.