Frjálsi Pension Fund
Frjálsi is different from most other pension funds in Iceland as it offers its fund members a hybrid structure, which enables them to allocate the majority of their legal minimum pension premiums into an inheritable defined contribution plan.
Frjálsi is a good option for both mandatory- and supplementary pension savings and is especially suitable for people who prefer inheritable pension savings.
Frjálsi is the Icelandic pension fund which has won most awards in the Investment Pension Europe (IPE) annual competition.
If you require any further information about the fund, please contact Arion Bank’s financial advisers on +354 444 7000 or send an e-mail to lifeyristhjonusta@arionbanki.is.
Apply for Frjálsi in the Arion app Apply for Frjálsi online Apply for Frjálsi with email
Why Frjálsi?
Inheritability
Frjálsi offers you the possibility of allocating the majority of your legal minimum pension premiums into an inheritable defined contribution plan.
Diverse investment options
Frjálsi offers you a wide range of investment options for your pension savings.
Payout flexibility
You can opt for pension payouts from the age of 60, all depending on your needs.
Fund member democracy
Frjálsi is a fund owned by its members and Frjálsi’s board is only composed of fund members elected by other fund members by majority vote.
