Wed, 29 Sep 2010: Banks scramble for pension positions…

31, when the difference between joiners and leavers becomes clear. “The pension is an important product, the pension fund is like a housing loan, both help to tie a person to the bank for a ...

Thu, 10 Sep 2009: Banks say time is right to buy stocks…

Four out of the five pension funds will now invest along this more aggressive scheme. "The time's right for launching a fund, because markets are recovering from the biggest financial crisis [in ...

Wed, 24 Oct 2007: Lithuania benefits from easing global financial crisis…

Investors included fund managers, pension funds, insurers and central banks in the European investor community with Germany taking the biggest chunk, a 30 percent allocation, and France the secon...

Wed, 26 Jul 2006: Investing in the Baltics ’s Is there an alternative to real estate?…

Nowadays it is hard to imagine that five years ago it was almost impossible to get a mortgage on a house, or to see real estate investment transactions by an institutional investor. Yet the Balt...

Wed, 22 Feb 2006: Investment profile of commercial property in Latvia…

Latvia's real estate market is considered to be very dynamic, offering attractive risk-return investment opportunities, while stability of the financial system allows for long-term financial plann...

Wed, 1 Feb 2006: Cabinet drops high profile sell-offs…

"The government was probably afraid of positive arguments that might appear during analyses, and could jeopardize their state-centered minds and politics," he told The Baltic Times.Listing shares ...

Wed, 17 Aug 2005: Lithuanians still cautious with own funds…

According to six-month data of SEB Vilniaus Bankas, conservative investments comprised 59 percent of total investments by second-pillar pension funds. For third-pillar funds and life insurers the ...

Wed, 12 Jan 2005: Economy robust, but leaders spar over role of private savings…

I do not agree with one bank head who has recently called to borrow more," said Ansip. "Every good thing is followed by a bad one."The minister noted that, unfortunately, a majority of Estonians s...

Thu, 6 Nov 2003: Lining up to get some pension action…

3 Uhispank had a total of 107,909 clients who had joined the plan, Evelyn Pull, spokeswoman for Eesti Uhispank, said. And almost half of them joined the system during the last period, from Nov. 1,...

Thu, 10 Jul 2003: Pension reform in Lithuania…

Under the law, pension funds can be penalized with fines of up to 100,000 litas (28,986 euros) for violation of the advertising rules. The law on pension reform allows the current pay-as-you-go sy...

Thu, 9 Jan 2003: Pension funds shift to private hands…

Pauksens said that a precise number of people entrusting their pension fund to private funds would be known by mid-January. The Latvian state-funded pension scheme started working in July 2001, wh...

Thu, 22 Jul 1999: Estonia reforms social tax system…

The pension sums are income tax free until they are withdrawn from the fund. The government does not intend to change the present social tax rate to carry out pension reform. At present, the emplo...

Thu, 24 Sep 1998: Insurance company formed…

Hansa Apdrosinasana Board Chairman Arnis Pakalnins said in five years, the company will increase its nominal capital from 1.06 million lats ($1.8 million) to 2 million lats and will have a market ...
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