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Finnish pension fund lobbies for greater freedom

Helsinki-based FM21.5bn (€3.6bn) LEL pension fund is lobbying the Finnish government to amend legislation and allow the fund to market its services to a broader client base.

The fund is an occupational pension fund for part-time and contract worker's sectors but wishes to be able to widen its membership. At the same time, LEL, is looking to add more external investment managers, particularly international houses, to its manager rosta.

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