Pensioners

International Internet Magazine. Baltic States news & analytics Wednesday, 17.07.2019, 00:03

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First Pension Plan Created in Latvia Which Invests in Industries’ Most Sustainable Businesses

First Pension Plan Created in Latvia Which Invests in Industries’ Most Sustainable Businesses

22.05.2019

Citadele Bank’s subsidiary, CBL Asset Management, has created Latvia’s first pension plan whose pension savings are invested in businesses which are the most sustainable in their respective industries. Therefore Latvia now has the first pension plan based on responsible investments, BC learned from the CBL Asset.

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



Swedbank's pension funds invest EUR 200 mln into sustainable business

Swedbank's pension funds invest EUR 200 mln into sustainable business

20.05.2019

Pension funds managed by the Swedbank financial group are investing 200 million euros, or a sixth of their managed assets, into sustainable business. Swedbank Investiciju Valdymas says the fund's all investments will have to match sustainability criteria in the future, informed LETA/BNS.

Estonia: Volume of pension funds grows to EUR 4.2 bln

Estonia: Volume of pension funds grows to EUR 4.2 bln

25.04.2019

The volume of assets of mandatory pension funds rose by 314 mln euros in Estonia in the first quarter of this year, the volume of total assets rose to 4.2 bn euros, informed LETA/BNS.


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.

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.


06.03.2019

Survey: Latvians' expectations about their pensions have significantly increased

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

25.02.2019

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

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.

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