Wednesday, March 2, 2016

Pension Agency notifies companies for infringement – Swedish Dagbladet

photo: Christine Olsson / TT

Pensions Agency has been reported to the police Swedish Foundation & amp; Insurance Analysis for infringement of the premium pension system. According to authorities change the company funds to people without their knowledge.

– It has been able individuals to identify themselves to the Pension Authority. Then they took the opportunity to go in and done a fund switch. You should never log in to the urging of someone else, says Michael Westberg, General Counsel for the Pension Authority.

A few weeks ago Police reported another company, Lundstedt Fund and Finance, for the same thing . The company could risk up to 4.5 million in fines since the Consumer Agency late last year decided to give notice to the company.

By examining IP addresses, Pension Authority could see that there were parallel, double, logins in the premium pension system. A total of at least 3350 fund changes occurred that way, to fund the two police notified the companies sold.

About the seller know to your social security can namely log you through mobile banking id. It is sure that the seller has already started signing the Pension Authority, with your personal, when the person asks you to login. When you do this, the seller in first, because it is first in line.

You will then be denied login, but comes in when you try again. It is thus possible for several people to be online simultaneously.

The salesman then move your pension money to a fund company gets commission, which often have high fees.

Michael Westberg not rule out that there are more players who act in the same way.

– we are serious about this, and we think it’s good when pension savers hear from us. We want to be clear that you should not give up any personal information to these types of players, he said.

Pensions Agency is now planning to tighten the requirements on stock exchanges.

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