IPE's Iceland Coverage – Page 6
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NewsIcelandic pension funds lost 21.78% in 2008
[16:30 CEST 18-09] ICELAND – The real rate of return for Icelandic pension funds was -21.78% in 2008, while the value of net assets dropped by 6% to ISK1.6trn (€8.8bn), the Icelandic Financial Supervisory Authority (FME) has revealed.
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News
Icelandic pensions to set up specialist fund
[16:30 CEST 15-09] ICELAND – Icelandic pension funds are in the process of finalising details of the Icelandic Investment Fund (IIF), which will invest in domestic businesses that have suffered in the economic crisis.
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News
Icelandic pensions lost 25% net in 2008
[16:30 CEST 29-06] ICELAND - The Pension Fund for State Employees (LSR) and pension fund for nurses (LH), the largest pension fund in Iceland, has reported a net real return of -25.2% in 2008.
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News
Iceland to allow 'temporary' access to 3rd pillar savings
[14:30 CET 11-02] ICELAND – The Icelandic government plans to introduce legislation allowing holders of individual pension accounts to access their savings early to meet “dire financial difficulties”.
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Features
Outstanding performance from innovative newcomer
The Gildi Pension Fund is a new name in Icelandic pensions, but it has now won the country award in the first year of its existence. The fund was established on 1 January 2005, from the merger of two pension funds, the Framsyn Pension Fund and the Seamen’s Pension Fund. ...
