Pensioners

International Internet Magazine. Baltic States news & analytics Tuesday, 17.09.2019, 01:58

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Swedbank Estonia to lower management fees for 2nd pillar funds

Swedbank Estonia to lower management fees for 2nd pillar funds

15.08.2019

Swedbank Estonia is about to cut the management fees for second pillar pension funds by about one-fifth from September, reported LETA/BNS.

Keyword tags: Banks, Estonia, Financial Services, Pensioners



EUR 639 mln paid out in pensions, family allowances in Estonia in Q2

EUR 639 mln paid out in pensions, family allowances in Estonia in Q2

13.08.2019

The Estonian Social Insurance Board paid out over 639 mln euros in pensions, disability allowances and family allowances in the second quarter of 2019, informed LETA/BNS.

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.


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.


08.04.2019

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

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.

11.03.2019

Swedbank pension funds acquire qualifying holding in HansaMatrix

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.

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