Estonia, Financial Services, Funds, Investments, Pensioners
International Internet Magazine. Baltic States news & analytics
Thursday, 18.04.2024, 22:17
Obligatory pension funds' asset volume in Estonia grew at record pace in H1
BC, Tallinn, 19.08.2014.
Print version
Print versionThe volume of the Estonian semi-obligatory second pillar pension funds, which are funded partly by the state and partly by people, increased at record pace in the first half of the year 2014, LETA/Postimees Online cites the fresh financial market report of the Financial Supervision Authority.
 |
|---|
Second pillar funds increased by 221 million euros in a year to 1.99 billion euros by the end of June this year. In the first half of last year, the growth was 158 million euros.
The volume of all investment funds registered in Estonia grew by 11% or by 270 mln euros and by the end of June, 2.8 billion euros had been invested in investment funds.
On average, one person had 2,834 euros in his obligatory pension fund and 656,972 people had joined the second pillar funds.
«The Baltic Course» Is Sold and Stays in Business!
