At the end of last week it was announced which insurance companies will be allowed to manage the ITP occupational pension for the next five years. The Confederation of Swedish Enterprise and the Council for Negotiation and Co-operation (PTK) made AMF selectable in traditional pension insurance and unit-linkned insurance and Swedbank selectable in unit-linked pension.
AMF and Swedbank are two of our customers who had the continued confidence of the parties to deliver. They will thus continue to manage occupational pensions in Inca and share the development costs through common solutions. The new contract enters into force on 1 July 2013 and with Release 13.1 of Inca we will deliver the functionality which was developed especially so that our customers will be able to deal with the new legal requirements for ITP.
At Itello we focus on offering the most efficient administration possible. Our standard system for the industry is a tried and tested solution. This provides our customers with the preconditions for being there from the start and to re-use existing administrative processes that ensure really low costs.