From 2 May, most of our pension funds will be converted into life-cycle funds based on the year of birth. This way you will never again have to change your pension fund.

  • Easy to choose.

    You can find a suitable fund by year of birth in the fund name.
  • Convenient to save.

    One fund fits you for your entire life.
  • Great funds.

    Low fees, good returns.

Check what has changed in the funds

How do our new funds work?

  1. Our funds now follow your age. The younger you are, the bolder should be your pension investment strategy.
  2. As you get older, we automatically reduce the risk level of the pension fund.
  3. You save in the fund corresponding to your age, we take care of everything else. Simple!

Why is it important to save in the right fund?

  • The right fund will help you to save for retirement more successfully.
  • If you still have a long way to go before you retire, you will benefit from more aggressive investing strategy. This gives your pension money a greater chance to grow.
  • As you approach retirement, you want to be sure that the accumulated money is preserved. Therefore, the investment risk needs to be reduced.
  • Previously, you had to make sure yourself that the pension money is invested at an appropriate level of risk. Our new funds do it for you.
Risk graph

As you get older, we automatically reduce the risk level of your investment fund. The closer you are to retirement age, the lower the risk level of the fund.

What changed with your pension fund?

New name of the fund Fund name before 2 May What changed in the fund after 2 May?
Swedbank Pension Fund Generation 1990-99 Index Swedbank Pension Fund K1990–1999 index Only the name of the fund has changed. This fund already adapted to the age of savers and was suitable for the entire savings period.
If you were born between 1990–99, you can save for retirement here.
More about the fund
Swedbank Pension Fund Generation 1980-89 Swedbank Pension Fund K100 This fund now adapts to the age of savers and is suitable for the entire savings period.
Currently, pension money is invested in shares to the maximum. In the future, when the time is right, we will start reducing the proportion of shares and increase the proportion of bonds.
If you were born between 1980–89, you can save for retirement here.
More about the fund
Swedbank Pension Fund Generation 1970-79 Swedbank Pension Fund K60 This fund now adapts to the age of savers and is suitable for the entire savings period.
We will increase the proportion of shares in the fund as this way your pension money has a greater chance to grow. In the future, when the time is right, we will start reducing the proportion of shares and increase the proportion of bonds.
If you were born between 1970–79, you can save for retirement here.
More about the fund
Swedbank Pension Fund Generation 1960-69 Swedbank Pension Fund K30 This fund now adapts to the age of savers and is suitable for the entire savings period.
We will increase the proportion of shares in the fund as this way your pension money has a greater chance to grow. In the future, when the time is right, we will start reducing the proportion of shares and increase the proportion of bonds.
If you were born between 1960–69, you can save for retirement here.
More about the fund
Swedbank Pension Fund Index Swedbank Pension Fund Index Nothing changed with this fund.
The proportion of shares in the fund is always the maximum possible, regardless of the age of the saver, and this does not change over time.
The index fund is suitable for you if you can tolerate higher risk, you still have a long way to go until retirement and you are ready to change your fund yourself as you approach retirement.
More about the fund
Swedbank Pension Fund Conservative Swedbank Pension Fund K10 Only the name of the fund changes.
It will continue to remain our lowest-risk fund, whose proportion of shares in the portfolio does not exceed 10% and this will not change over time.
Above all, this fund is for savers whose retirement age is approaching.
More about the fund

Do I have to do anything myself because of these changes?

  1. If the current fund is suitable, you do not have to do anything. You can view the fund you are saving in here.
  2. If you are saving in a fund that is recommended to another age group, you can change the fund for free. To change the fund, log into the Internet Bank.

Can’t remember in which fund you are saving?

Check your pension savings

Need some advice?

Call 631-0310 and select ‘pension’ as the topic. Let’s review your pension together.

Three good reasons to save for retirement in our funds

  1. Lowest fees in Estonia, that will help you to accumulate with faster pace.
  2. Good results – among the best in terms of yield.
  3. Sustainable and responsible investments to create a better world with your pension money.

View the comparison of fees and results

Pension funds are managed by Swedbank Investeerimisfondid AS. Read the prospectus and the key information at www.swedbank.ee/funds and consult a specialist. Previous return does not ensure a similar return in the future.