We have updated the Equity Savings Account in order to provide our investor clients with the most comprehensive and smoothest possible services. Equity Savings Account has been part of our service range since 2021. It now has 53,000 users.
Equity Savings Account is a way of investing in listed shares of Finnish companies, whereby share selling or dividend payments within the account have no direct tax implications.
Trading in non-euro equities listed in Finland is also possible
From October onwards, our customers can use an Equity Savings Account to trade in shares listed in Finland, but whose company is based elsewhere or whose currency of issue is not the euro.
Equity Savings Account users can buy and sell all shares listed in Finland that are traded on the Nasdaq Helsinki or First North Finland marketplace.
Pricing of the Equity Savings Account will remain the same, despite the expansion of the service range.
You can participate in Equity Savings Account corporate actions on OP-mobile
Responding to corporate actions migrated to OP-mobile in early October. Our customers can use OP-mobile to participate in the following corporate actions taken by Finnish companies
- pre-emptive rights offerings
- exercise of option rights
- bids
- voluntary exchange offers.
On OP-mobile, the client can see their response and cancel their participation in a bid or voluntary exchange offer if the terms of the corporate action allow them to do so. A guardian may give a response on OP-mobile on behalf of a minor. In addition, a person aged 15–17 may give a response independently if they have received authorisation to do so from their guardian. Participation in corporate actions is no longer possible via an Equity Savings Account on the op.fi service.
Participation in corporate actions via a book-entry account is still possible via op.fi.
Clients younger than 26 get Equity Savings Account free of charge
As we previously announced, clients under 26 years of age can invest through an Equity Savings Account free of monthly charges. They get the saver’s service package free of charge (norm. €2.99 per month).