All Finland articles – Page 21

  • VER returns 5.3% on equity gains
    News

    VER returns 5.3% on equity gains

    2009-08-28T16:00:00Z

    [17:00 CEST 28-08] FINLAND – Improvements in equity markets helped Valtion Eläkerahasto (VER), the State Pension Fund, post a return of 5.3% in the first half of 2009.

  • News

    Ilmarinen investments jump €2bn on 6.6% return

    2009-08-21T16:10:00Z

    [17:10 CEST 21-08] FINLAND – Ilmarinen Mutual Insurance Company has reported an increase in its investment assets of €2bn in the first half of 2009, as it revealed its "best ever quarter" in terms of investment performance.

  • News

    Finnish H1 pension figures stay positive

    2009-08-20T15:00:00Z

    [16:00 CEST 20-08] FINLAND – Three of Finland's mutual pension insurance companies have posted positive first half results, but Tapiola Pension yielded the highest return of 4.9%.

  • News

    Positive gain for Varma ups assets by €2bn

    2009-08-17T15:55:00Z

    [16:50 CEST 17-08] FINLAND – Varma Mutual Pension Insurance Company reported a first half return of 4.6%, resulting in the value of the investments increasing by almost €2bn to €26.5bn.

  • News

    Keva posts 6.5% return in H1

    2009-08-06T15:55:00Z

    [16:55 CEST 06-08] FINLAND - Kuntien eläkevakuutus (Keva), the local government pension institution, generated a return on its investments of 6.5% in the first half of 2009 following a continued rally from equity markets.

  • Keva to set up transition manager panel
    News

    Keva to set up transition manager panel

    2009-07-30T15:50:00Z

    [16:50 CEST 30-07] FINLAND - Kuntien eläkevakuutus (Keva), the Finnish Local Government Pensions Institution, is looking to establish a transition manager panel for its €20bn scheme.

  • News

    Management at state firms 'should switch to DC' - Finnish report

    2009-06-16T16:00:00Z

    [17:00 CEST 16-06] FINLAND – An independent working group established to review remuneration and pensions at Finnish state-owned companies has recommended that all existing schemes should be replaced with defined contribution (DC) pensions.

  • News

    Workplace healthcare 'key' to delaying retirement

    2009-06-08T16:15:00Z

    [17:15 CEST 08-06] FINLAND – The average retirement age for employees would increase by a year if “effective occupational health care schemes” are provided at all workplaces, the Central Organisation of Finnish Trade Unions (SAK) has claimed.

  • News

    VER loses 2.4% in Q1

    2009-05-06T16:25:00Z

    [17:25 CEST 06-05] FINLAND – Valtion Eläkerahasto, the State Pension Fund, generated a return of -2.4% in the first quarter of this year, reducing the value of its investments to €10.16bn.

  • News

    Etera and Veritas Q1 losses stay below 2%

    2009-04-28T15:10:00Z

    [16:10 CEST 28-04] FINLAND – Etera Mutual Pension Insurance Company and Veritas have reported their pension funds suffered small losses in the first quarter of 2009 of -1.4% and -1.3% respectively.

  • News

    Finnish self-employed are undersaving by a third

    2009-04-24T15:30:00Z

    [16:30 CEST 24-04] FINLAND – A study suggests Finnish self-employed workers are not paying enough into their pension funds as the levels of self-employed persons pensions insurance (YEL) policies are about a third lower than actual annual income.

  • News

    Positive Q1 boosts Varma value

    2009-04-24T12:30:00Z

    [13:30 CESt 24-04] FINLAND – Varma Mutual Pension Insurance company has reported a positive first quarter performance of 0.3%, although its rival Eläke-Fennia produced a slightly poorer result of -0.2%.

  • News

    Ilmarinen sees positive results in Q1

    2009-04-23T13:00:00Z

    [14:00 CEST 23-04] FINLAND – Ilmarinen Mutual Insurance Company has reported a positive first quarter return of 0.2%, as fixed income investments performed well.

  • News

    Finnish pensions had 'worst year' in 2008

    2009-04-16T15:55:00Z

    [16:55 CEST 16-04] FINLAND – Suomen Pankki, the Bank of Finland, has revealed 2008 was the "worst year in the history of employee pension schemes", following the slump in equity prices.

  • News

    Real estate helps limit Ilmarinen losses

    2009-02-25T15:55:00Z

    [16:55 CET 25-02] FINLAND – Real estate investments helped limit losses by the Finnish pension fund Ilmarinen as it reported an overall loss of €4.34bn in 2008.

  • Tapiola and Varma figs show hedge fund impact
    News

    Tapiola and Varma figs show hedge fund impact

    2009-02-17T14:00:00Z

    [15:00 CET 17-02] FINLAND – Final year figures from Varma and Tapiola have highlighted the impact of investment strategies, in particular the use of hedge funds, in 2008.

  • News

    Finnish funds fall an average 14%

    2009-02-11T11:00:00Z

    [12:00 CET 11-02] FINLAND – The Finnish Pension Alliance TELA has revealed Finnish pension funds decreased in value by 14% last year as a result of their high exposure to equities.

  • News

    VER may take 10% of local commercial paper

    2009-02-10T15:30:00Z

    [16:30 CET 10-02] FINLAND – Valtion Eläkerahasto (VER), the state pension fund, has increased its allocation to commercial paper markets by €100m in February, although government plans to use it to help boost the economy could see it taking a 10% share of the market.

  • News

    Finland to set guaranteed pension level from 2011

    2009-02-02T15:30:00Z

    [16:30 CET 02-02] FINLAND – The Finnish government has announced a guaranteed minimum pension for pensioners will be introduced in 2011.

  • News

    State fund to boost economy through corporate debt

    2009-01-28T15:20:00Z

    [16:20 CET 28-01] FINLAND – The ministry of finance is to allow the State Pension Fund VER to purchase commercial paper in “significant and solid Finnish companies” as part of a series of proposals to help boost the Finnish financial markets.