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
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
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News
2.4.2020
Reduction in employer’s TyEL contributions for the rest of the yearThe law draft to reduce the employer’s TyEL contribution by 2.6 percentage points for the period between 1 May and 31 Dec 2020 was passed earlier this month. The law will come into effect on 1 May 2020.Reduction in employer’s TyEL contributions for the rest of the year
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Press release
24.3.2020
“Pension cover concerns us all” – Read the report to find out how we managed your pension cover in 2019Ilmarinen’s annual and sustainability report provides a full view into how we managed your pension cover in 2019. In addition, it sheds some light on how pension cover influences practically each and every person living in Finland in various life situations.“Pension cover concerns us all” – Read the report to find out how we managed your pension cover in 2019
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Press release
13.2.2020
Ilmarinen in 2019: Decade's best investment return, continued growth and improved efficiencyIlmarinen’s return on investments was 11.8 per cent, the value of investment assets rose to more than EUR 50 billion and solvency strengthened. The customer base grew, costs decreased, cost-effectiveness improved and client bonuses will rise to a record level. The Financial Supervisory Authority specified the guidelines concerning the management of disability risk, due to which Ilmarinen will initiate co-determination negotiations related to these plans.Ilmarinen in 2019: Decade's best investment return, continued growth and improved efficiency
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News
12.2.2020
Responsible investment through index funds expands to emerging markets – Ilmarinen one of the co-developersIlmarinen has shifted the focus of its passive investments to funds that invest in indices integrating corporate social responsibility and sustainable development criteria. A new ETF expands the offering to emerging markets.Responsible investment through index funds expands to emerging markets – Ilmarinen one of the co-developers
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Press release
31.10.2019
Strong performance in investment operations, cost-effectiveness and growth continuedThe strong performance earlier in the year continued in the third quarter, and the total return increased to 1.3 billion, thanks to the good investment return. In January–September, Ilmarinen’s return on investments was 8.2 per cent, or EUR 3.7 billion, and investment assets rose to a record EUR 49.1 billion. The customer base grew, costs decreased and cost-effectiveness improved further.Strong performance in investment operations, cost-effectiveness and growth continued
More to read
- Ilmarinen’s administrative cost will decrease in 2025
- Ilmarinen's return on investment rose to 7.4 per cent, solvency strengthened and cost efficiency improved
- Employer, self-employed person, pensioner – 2025 earnings-related pension index and wage coefficient confirmed
- Earnings-related pension insurance contributions for 2025 confirmed