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Searching for: researcher is "the icelandic financial supervisory authority (fme)"

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Pension funds in Iceland
Annual accounts for 2008 and other information
The Icelandic Financial Supervisory Authority (FME)
17 Sep 2009 Iceland Surpluses and Deficits, Countries - excl. European Union and US
A report has been published by the Financial Supervisory Authority which contains information from the annual financial statements of pension funds for the year 2008. It reveals that the real rate of return is -21.78% above the consumer-price index, compared to 0.5% in 2007. The five-year average is 2.5% and the ten-year average is 3%. Net assets for pension payments amounted to ISK 1,600bn at year-end 2008, compared to ISK 1,700bn at the same time in 2007. These negative impacts on pension funds' earnings are mostly attributed to the fall of the Icelandic commercial banks in October 2008.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2009 or click here (this link will not work in all circumstances). For further information about Perspective click here.

DC4978F9   Click here to contact the authors.

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