Alecta has worked with occupational pensions since 1917 and today manages pensions for around 2.8 million individuals and 35,000 companies in Sweden. As a mutual company, any surplus is returned to its customers and no profits are distributed externally. Alecta provides traditional insurance within collective agreements such as ITP, SAF‑LO and PA 16, and does not pursue advisory services or profit-driven goals.

Alecta covers retirement pensions, disability pensions and survivor benefits through collectively financed packages - including occupational group life insurance (TGL). They are particularly active in ITP 1 (defined contribution) and ITP 2 (defined benefit) schemes and also handle tailored solutions for high earners.

With assets well over SEK 1,300 billion, Alecta is one of Sweden’s largest asset managers. The company aims to maximise value for its customers through solid returns, low fees and efficient service, and its strong financial position has allowed for premium reductions in 2025.