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Importance of Competition in Public Pension Services for Municipalities

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The Norwegian competition authority discusses the significance of competition in public pension services for municipalities and the implications of a recent decision regarding KLP.

02.09.2026 | Norwegian competition authority


The Norwegian competition authority has released a new episode of Konkurransepodden, focusing on the importance of competition in the public pension market for municipalities. Competition director Mads Magnussen and project leader Elisabeth Steckmest explain why this competition is crucial for improving services and reducing costs for municipalities.

Despite being one of the largest purchases made by Norwegian municipalities, few have conducted tender competitions in recent years. The episode highlights the obligations that KLP has undertaken following the authority's recent decision and outlines the expectations for the market moving forward.

Key topics discussed include the importance of competition for municipal finances, the necessity of tenders for effective competition in this market, concerns raised by the competition authority regarding the KLP case, and practical implications of the decision. Additionally, the authority provides advice for municipalities considering outsourcing their public pension services.

This episode is particularly relevant for municipal employees, directors, procurement officials, and elected representatives.

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