Pension

Swedbank Ieguldījumu Pārvaldes Sabiedrība

Over 525,000 customers across Latvia have entrusted us with managing their savings, and we have over 4 billion euros under management.¹

By choosing to build your retirement savings with us, you get:

A manager with over 50 years of experience in pension management²
Always competitive fees
A sustainable approach to asset management
Large selection of plans – with a lifecycle or passive management approach

² Pension plan assets are managed in cooperation with Swedbank Robur Fonder AB that has over 50 years of experience in the business. Back to content

¹ As of 31 December 2025, Swedbank Ieguldījumu Pārvaldes Sabiedrība had 4.3 billion euros in assets under management and 526,000 second pension pillar participants. Back to content

We are committed to providing our customers with steady and competitive returns, while ensuring that the money is invested sustainably and responsibly.

In asset management, we work with one of the largest asset management companies in the Nordic region – a Swedbank Group company Swedbank Robur Fonder AB that has been active since 1967. This cooperation gives us access to a wide range of international partners, professional expertise, and economies of scale, which helps us keep costs down for our customers.

We know that it is important for every customer to choose a pension plan that suits their age, goals, and risk tolerance. That is why our second-pillar pension offering is based on lifecycle strategies.

They allow choosing a plan that is appropriate for your age, with an investment structure that automatically adjusts over time – starting with higher growth potential at a younger age and gradually reducing risk as retirement approaches.

For customers who want to make their own decisions about changing the level of risk, we also offer passively managed plans.

To maximize the returns on pension capital, we follow the active management approach in the investment process. This allows us to respond quickly to changes in financial markets and flexibly adjust the structure of the portfolio by increasing or decreasing holdings in various financial instruments.

Our approach combines direct investments in carefully selected companies and government securities with investments in index funds, striking a balance between active decision-making and cost efficiency.

Our strategy is based on globally diversified portfolios, which enable us to benefit from global economic growth while mitigating the risks associated with individual countries or regions. We also maintain a focus on the Baltic market, where we see added value for our customers' long-term savings and opportunities to contribute to the development of the local economies.

Governance

The CEO and Members of the Board of Swedbank Ieguldījumu Pārvaldes Sabiedrība are responsible for the company's day-to-day operations according to Swedbank Group's strategic direction and policies, as well as in compliance with external legislation. The Board ensures adequate accounting and effective internal control frameworks. The work of the Board is supervised by the Council. Swedbank Ieguldījumu Pārvaldes Sabiedrība AS is owned by Swedbank Robur AB, Swedbank Group’s investment management company.

Anželika Dobrovoļska

CEO, Chairperson of the Board of Swedbank Ieguldījumu Pārvaldes Sabiedrība

Oskars Briedis

Head of Fund Management and Analysis Department, Fund Manager, Member of the Board of Swedbank Ieguldījumu Pārvaldes Sabiedrība

Līga Katrīna Kļaviņa

Head of Regulatory Management and Control Department, Board Member of Swedbank Ieguldījumu Pārvaldes Sabiedrība

Council

The Council is a supervisory body responsible for overseeing the activities of Swedbank Ieguldījumu Pārvaldes Sabiedrība AS and its Board, including ensuring a sound and effective risk management, internal control, governance, nomination and remuneration process and audit in the company’s operations. The Internal Audit function reports directly to the Council.

Ida Gustavsson, Chairperson of the Council

Elena Loven, Member of the Council

Andres Tukk, Member of the Council

Sebastian Aberg, Member of the Council

Sustainability is an integral part of the investment strategy for all of Swedbank's pension plans
Since 2019, when we developed and implemented our Responsible Investment Policy, we have reduced the CO₂ intensity of our pension investment portfolio by at least 70%. We are committed to continuing our work to promote sustainability and contribute to the achievement of climate neutrality goals through our investments
All 2^nd and 3^rd pillar pension plans managed by Swedbank, according to Regulation (EU) 2019/2088 of the European Parliament and of the Council on sustainability-related disclosures in the financial services sector (SFDR), are Article 8 products which promote environmental and social characteristics
We regularly report on the principal adverse impacts of investment decisions on sustainability factors in accordance with the SFDR. In managing pension plans, Swedbank takes into account the principal adverse impacts related to climate, environmental and social aspects, such as greenhouse gas emissions, biodiversity, water emissions and waste, social and employee matters, respect for human rights, and prevention of corruption and bribery. We continue to improve the investment portfolio by excluding investments with high sustainability risk
Swedbank Ieguldījumu Pārvaldes Sabiedrība AS is a signatory to the UN Principles for Responsible Investment (UNPRI) initiative, which brings together asset managers around the world and promotes responsible investment

Responsible Investment Policy (07.08.2025)
Exclusion Policy (09.10.2025)
Statement on principal adverse impacts of investment decisions on sustainability factors (26.06.2025, PDF).
Process for identifying and prioritizing principal adverse impacts on sustainability factors (17.07.2025)
Instruction - The integration of sustainability risks into investment decision-making process (09.10.2025)
Investment plan sustainability - related disclosures
Information about remuneration policy principles on the integration of sustainability risks
Notices on changes in documents published

Important facts about Swedbank Ieguldījumu Pārvaldes Sabiedrība (data as of 31 December 2025):

We are the largest investment manager in the Baltics with 4.3 billion euros under management
More than 525,000 participants have entrusted us with their second pillar pension, and more than 70% of them are already in an age-appropriate pension plan
The number of our third-pillar pension plan participants exceeds 200 thousand
We manage 7 second-pillar pension plans and 4 third-pillar pension plans
Our second-pillar pension fees are the lowest on the market
Our offer includes a lifecycle plan 2000+ intended for young people

Annual report 2024 (LV)
Annual report 2023 (LV)
Annual report 2022
Annual report 2021
Annual report 2020
Annual report 2019
Annual report 2018
Annual report 2017
Annual report 2016
Annual report 2015
Annual report 2014 (LV)
Annual report 2013 (LV)
Annual report 2012 (LV)
Annual report 2011 (LV)

Annual report 2010 (LV)
Annual report 2009 (LV)
Annual report 2008 (LV)
Annual report 2007 (LV)
Annual report 2006 (LV)
Annual report 2005 (LV)
Annual report 2004 (LV)
Annual report 2003 (LV)
Annual report 2002 (LV)
Annual report 2001 (LV)

About pension plans

Prospectuses and reports
Information for participants
Value of plans
Reports

About company

Notices
Remuneration Policy & Practice
Transaction Execution Policy
Transaction Execution Policy (LV)
Conterparty list (LV)
Conterparty list Robur
Shareholder Engagement Principles (LV)
Customer Applications & Complaints

Unified registration number of Swedbank Ieguldījumu Pārvaldes Sabiedrība AS in the Commercial Register: 40003337582, address: Balasta dambis 15, Riga, LV-1048.
Asset manager for the 2nd and 3rd pension pillar - Swedbank Ieguldijumu Parvaldes Sabiedriba AS, asset custodian - Swedbank AS, address: Balasta dambis 15, Riga, LV-1048.
3rd pillar pension – the pension plans offered by the private pension fund Swedbank Atklatais Pensiju Fonds AS, address: Balasta dambis 15, Riga, Latvia: Stabilitāte+25, Dinamika+60, Dinamika+100 and Dynamics Index.

Pension