News and articles
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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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News
19.10.2020
Responsible investment through index funds expands further in emerging markets – Ilmarinen once again one of the co-developersEurope’s leading asset management company Amundi listed its new Amundi MSCI Emerging ESG Leaders UCITS ETF fund on Germany’s Xetra on 30 June 2020. Ilmarinen is a participant in the listing of the fund after having invested EUR 500 million in it.Responsible investment through index funds expands further in emerging markets – Ilmarinen once again one of the co-developers
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News
8.10.2020
View the preliminary information on pension contributions for 2021According to the Finnish Centre for Pensions’ projection, the TyEL basic contribution will be 24.8 per cent of the payroll in 2021. The basic contribution does not take into account any reductions in the employer’s contribution or the possible impact of the contribution category. By logging in to the employer’s online service you can see a company specific estimate of the 2021 contributions.View the preliminary information on pension contributions for 2021
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News
21.9.2020
Ilmarinen wants to continue supporting its customers during challenging timesIf you are having difficulties making your payments, we urge you to contact us in good time so that we can discuss your options. We will always try to make flexible arrangements for you to the extent possible, and we will assess your situation individually. We are here for you.Ilmarinen wants to continue supporting its customers during challenging times
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Press release
31.8.2020
Karoliina Lindroos appointed as Ilmarinen’s Head of Responsible InvestmentsKaroliina Lindroos, M.Sc. (Agriculture and Forestry), brings to the position of Ilmarinen’s Head of Responsible Investments her solid expertise in the assessment of environmental and human rights risks related to investees.Karoliina Lindroos appointed as Ilmarinen’s Head of Responsible Investments
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Press release
13.8.2020
Ilmarinen’s Interim Report 1 January to 30 June 2020: Coronavirus causes return on investments to fluctuate, cost-effectiveness of operations improved as expectedThe total result for Ilmarinen’s H1 was EUR –1,099 million (EUR 931 million 1 Jan–30 Jun 2019) due to the slump in return on investments caused by the coronavirus early in the year.Ilmarinen’s Interim Report 1 January to 30 June 2020: Coronavirus causes return on investments to fluctuate, cost-effectiveness of operations improved as expected
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Press release
30.4.2020
Ilmarinen’s interim report 1 January–31 March 2020: The coronavirus pushed investment returns 7.5% below zero, cost-effectiveness improved furtherIlmarinen’s Q1 total result slid into negative territory, to EUR -2,649 million (EUR 744 million in 1 Jan–31 Mar 2019), due to the low return on investments resulting from the coronavirus pandemic. Operating expenses decreased EUR 4 million and the ratio of operating expenses to expense loading components improved to 69.0 (71.5) per cent.Ilmarinen’s interim report 1 January–31 March 2020: The coronavirus pushed investment returns 7.5% below zero, cost-effectiveness improved further
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