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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Article
2.3.2023
When you move abroad it is very important to know which country’s social security you are covered by during the time you live in another country and what does it covers. It is also important to make sure all official documents – both statutory and possible additional insurances – are in order.
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Press release
16.2.2023
Ilmarinen’s financial statements 2022: Premiums written grew strongly and cost-effectiveness improved to a record level, return on investments -6.6 per cent and continued strong solvency“2022 was a year of strong growth and improvement of effectiveness for Ilmarinen. Premiums written grew by as much as 11 per cent and cost-effectiveness improved to a record level. At the same time, the operating environment in the investment markets was very challenging. Russia’s war of aggression in Ukraine, Europe’s energy crisis, accelerated inflation and rapidly tightening central bank monetary policy cast a shadow over the economic outlook, broadly reducing investment market returns. Ilmarinen’s return on investments was negative, but solvency remained strong,” says Ilmarinen’s President and CEO Jouko Pölönen.Ilmarinen’s financial statements 2022: Premiums written grew strongly and cost-effectiveness improved to a record level, return on investments -6.6 per cent and continued strong solvency
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Press release
2.2.2023
Ilmarinen adopts new climate benchmarksIlmarinen will introduce climate benchmark indices from 2023 onwards. "We have long used ESG benchmark indices in equity investments, but they are not enough to steer our portfolio towards carbon neutrality. That's why we need a new solution," says Mikko Mursula, Deputy CEO.Ilmarinen adopts new climate benchmarks
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Press release
21.12.2022
Ilmarinen expands its climate targetsIlmarinen sets climate targets on two new asset classes: corporate bonds and foreign real estate. Plans are already in place for direct listed equity investments and Finnish real estate.Ilmarinen expands its climate targets
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News
20.12.2022
We are participating in the power system support procedureThe transmission system operator Fingrid developed a voluntary power system support procedure. Ilmarinen is taking part. If the procedure is activated, it may have a momentary impact on properties’ conditions.We are participating in the power system support procedure
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News
13.12.2022
YEL reform enters into force at the start of next yearThe Self-Employed Persons’ Pensions Act will change at the start of the year: YEL income will be determined in more detail and adjusted more often. “Self-employed persons deserve the same level of pension and social security as employees. The reform will help achieve this,” says Minna Hakkarainen, Ilmarinen’s Director, Insurance Services.YEL reform enters into force at the start of next year
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