Falling solvency levels at insurance companies are making it more attractive for Finnish firms to set up corporate pension funds. Reeta Paakkinen reports

The decline of solvency levels at Finnish pension insurance companies this year has made it more advantageous to establish a corporate pension fund, says Jouko Bergius, managing director at the Finnish Association of Pension Foundations (ESY), which groups Finland’s corporate and industry-wide funds.

“Employers in Finland have had the opportunity to establish corporate pension funds since