News and articles
Welcome to our newsroom. Here you will find our latest news and press releases as well as our blogs and articles.
News and articles
Finnish pension system in a nutshell
Finland has one of the best pension systems in the world - and that’s a fact. But if you’re starting a business in Finland, you might be wondering why it’s mandatory for entrepreneurs to take out pension insurance. Or for employers to get pension insurance for their employees? We are here to help you!
Finnish pension system in a nutshellMore news and press releases
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Press release
28.4.2023
Ilmarinen’s Interim Report 1 January to 31 March 2023: Positive return on investments, premiums written grew and cost-effectiveness improvedThe return on Ilmarinen’s investment portfolio was +2.2 (-2.2) per cent, i.e. EUR 1.3 billion, as a result of rising stock prices. The market value of investments grew to EUR 57.5 (56.3) billion. The long-term average return on investments from 1997 onwards was 5.8 per cent. This corresponds to an annual real return of 3.8 per cent.Ilmarinen’s Interim Report 1 January to 31 March 2023: Positive return on investments, premiums written grew and cost-effectiveness improved
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Article
25.4.2023
Hiring a summer employee? As an employer, remember to take care of their pension coverMany companies are currently recruiting summer employees. As soon as you have found the right persons for the job, remember to take care of their pension insurance in time. Equally, as a private individual, you need to remember that you become an employer if you are hiring for example a babysitter, a caretaker for your summer cottage or a person to mow the lawn for the summer.Hiring a summer employee? As an employer, remember to take care of their pension cover
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Press release
5.4.2023
Ilmarinen invests in largest ever ETF launch in the United StatesThe climate focused equity ETF, Xtrackers MSCI USA Climate Action Equity ETF, was listed on the NYSE Arca stock exchange in New York on April 4. Ilmarinen, the largest investors of the ETF, invested approximately 1,86 billion euros on the ETF’s first day of trading makes it the largest ETF launch of all time in the U.S.Ilmarinen invests in largest ever ETF launch in the United States
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Press release
23.3.2023
Ilmarinen is Finland’s most cost-effective pension company“Responsibility and sustainable development are at the very core of our operations. To us, responsible management of pensions means that we want to further improve our operations and our efficiency. This benefits our customers and the entire pension system,” says Ilmarinen’s President and CEO, Jouko Pölönen.Ilmarinen is Finland’s most cost-effective pension company
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News
9.3.2023
YEL income reviews will start this summerThe YEL reform entered into force in the beginning of the year. Pension companies are now obligated to check entrepreneurs' YEL incomes at steady intervals. We will start the reviews this summer – here’s what you need to know about it.YEL income reviews will start this summer
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News
3.3.2023
Excellent client bonuses in store for employers – check the amount in the service for employersWe have calculated the final client bonuses reducing the TyEL contribution and they are available in the service for employers as of 3 March. Our record-high cost-effectiveness is directly reflected in smaller pension contributions for our employer customers.Excellent client bonuses in store for employers – check the amount in the service for employers
More to read
- Earnings-related pension insurance contributions for 2022 confirmed
- We invest in a sustainable future – the Ilmarinen Climate Roadmap defines our path to net zero carbon pension assets
- How to deduct YEL contributions in taxation
- Ilmarinen’s financial statements 2021: Investment assets and solvency capital rose to record levels and strong development continued in customer acquisition and in improving cost effectiveness