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Sampo's subsidiary Mandatum Life Insurance Company (Mandatum Life) has today received an approval of the Financial Supervisory Authority for the transfer of Suomi Mutual's with profit group pension portfolio. The portfolio transfer is scheduled to take place on 30 December 2014.
The plan of the portfolio transfer from Suomi Mutual to Mandatum Life was disclosed on 19 March 2014. The Annual General Meetings of Mandatum Life and Suomi Mutual approved the portfolio transfer on 7 May 2014.
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