Future Capital: A Flexible Savings Solution
Future Capital is a capital insurance product that allows you to save flexibly for yourself, your children, or your grandchildren. It offers favorable tax rules, flexible payout options, and access to a massive range of global funds and stocks.
Investments involve risk.
How Future Capital Works
Future Capital puts you in control. You decide exactly how your money is invested, and you can change your investments as often as you like without triggering capital gains tax.
Unlike many other insurance products, we do not charge a scale fee on your holdings. This means you avoid paying an annual percentage fee just for holding the insurance wrapper. Your capital remains unlocked, allowing you to withdraw funds free of charge at any time.
Saving for Children
If you are saving for a child or grandchild, we recommend opening a Future Capital insurance in your own name. This ensures you retain full control over the money until you decide the child is ready to receive it. You can also specify that the paid-out funds remain the child’s separate property.
Repayment Protection and Beneficiaries
Future Capital includes repayment protection. If you pass away, the value of the insurance is paid out to your chosen beneficiaries.
You control who receives the money. If no specific beneficiary is named, standard legal succession applies (first to a spouse or cohabitant, then to children, then to heirs). You can change your beneficiaries at any time by submitting a beneficiary form.
Fees and Costs
Future Capital is designed to be cost-effective.
| Fee Type | Amount |
|---|---|
| Fixed annual fee | 0 SEK |
| Variable annual fee (scale fee) | 0% |
| Fund management fees | Depends on the specific funds chosen |
| Stock brokerage fees | Standard brokerage rates apply |
Note: A very small risk fee applies for the repayment protection, calculated based on the insured’s age. For a 40-year-old, this is 0.0015% of the insurance value per year (1.50 SEK per 100,000 SEK).
Taxation Rules
Future Capital is taxed using a standard annual yield tax, just like an ISK.
You do not need to declare capital gains or losses when you trade securities within the insurance. Quartal automatically calculates, deducts, and reports the yield tax directly to the Swedish Tax Agency.
New Tax Rules for 2026
Starting in 2026, capital insurance holdings are tax-free up to 300,000 SEK. This limit applies to your combined total holdings across all capital insurances and ISK accounts, regardless of the bank.
Foreign Dividend Tax
If you own foreign shares that pay dividends, a foreign withholding tax (usually 15%) is applied. When you hold these shares in a Future Capital insurance, Quartal automatically applies for a refund of this withholding tax on your behalf, ensuring you do not miss out on your full dividend returns.
Getting Started and Payouts
You can start saving with a lump sum or set up a monthly deposit. When it is time to use the money, you can choose to receive monthly payouts over 5 to 20 years, or withdraw the money all at once.
