Pensioners

International Internet Magazine. Baltic States news & analytics Thursday, 18.04.2019, 23:59

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Bank of Latvia: pensions might reach 24% of average wage in 30-40 years

Bank of Latvia: pensions might reach 24% of average wage in 30-40 years

08.04.2019

Due to ageing of the society and other factors, pensions in 2050-2060 might drop to 24 percent of the average wage, said Bank of Latvia economist Olegs Tkacevs at a discussion of experts on the pension system in Latvia, informed LETA/BNS.

Keyword tags: Analytics, Banks, Financial Services, Funds, Latvia, Pensioners



Swedbank pension funds acquire qualifying holding in HansaMatrix

Swedbank pension funds acquire qualifying holding in HansaMatrix

11.03.2019

Several Swedbank pension funds have acquired a major holding in HansaMatrix high-tech company, according to the company’s statement to the Nasdaq Riga stock exchange.

Survey: Latvians' expectations about their pensions have significantly increased

Survey: Latvians' expectations about their pensions have significantly increased

06.03.2019

Latvians’ expectations about the size of their future pensions have significantly increased over the past year, Swedbank representatives told LETA, citing a new survey.


Avg old-age pension grew 8.7% in Estonia in 2018

Avg old-age pension grew 8.7% in Estonia in 2018

25.02.2019

The average old-age pension in Estonia was 440.7 euros a month in 2018, 8.7 % bigger than in 2017, Statistics Estonia said Monday.

1 in 7 pensioners at risk of poverty in the EU

1 in 7 pensioners at risk of poverty in the EU

15.01.2019

In 2017 the proportion of pensioners at risk of poverty in the European Union (EU) was estimated to be 14.2 %, slightly above the figure of 13.8 % in 2016. The rate has been rising gradually since 2013, when it was 12.6 %., informed Eurostat.


04.01.2019

All second-pillar pension plans in Latvia show negative yield in 2018

All second-pillar pension plans of Latvia's government-funded pension scheme showed negative yield in 2018, according to the data available at manapensija.lv writes LETA.

03.01.2019

Estonia: Maximum rate of management fees for 2nd pillar pension funds drops to 1.2%

Starting from 2019, the maximum rate of the management fee for second pillar pension funds decreased from 2% to 1.2%, while, in case of positive investment performance, charging a success fee as part of management fee will be allowed, Informed LETA/BNS.

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