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The Swedish Inheritance Fund (Allmänna arvsfonden), managed by Kammarkollegiet, has been the subject of significant governmental scrutiny and strategic evaluation over the past few years. This vital fund supports projects that benefit vulnerable groups such as children, young people, and individuals with disabilities. However, its future and operational framework have come under discussion.
Riksrevisionen’s Audit and Recommendations
Between 2020 and 2022, the Swedish National Audit Office (Riksrevisionen) conducted a thorough review of the fund’s activities. In March 2024, the audit concluded with a recommendation to phase out the fund in its current form. Riksrevisionen highlighted the need for a more robust system for managing inheritances from individuals who pass away without heirs or wills. Their findings questioned the sustainability and efficiency of the fund’s operational model, urging the government to consider structural reforms.
Government Response and Expert Engagement
In response to the audit, the Swedish government took decisive steps in September 2024 by commissioning an external evaluation of the recommendations. Experts were tasked with analyzing the feasibility of phasing out the fund, comparing it to similar systems in other countries, and determining the proportionality of the proposed changes. This comprehensive review reflects the government’s commitment to ensuring that the fund operates effectively while safeguarding its contributions to societal welfare.
The Future of Arvsfonden
While the Swedish Inheritance Fund remains operational, these developments have sparked a national conversation about the fund’s role and future. As stakeholders await the results of the government-commissioned evaluation, the fund continues to fulfil its mission of financing projects that promote inclusion and support underrepresented communities.
