For second-level pension plans with investments in index funds, the set of these funds differs for each manager, both in number and in other characteristics. At the moment, the category of 100% active pension plans of the second level (with high risk) has the most plans, and they are basically divided into names according to two characteristics – the number of years and sustainability. However, as the number of these active plans increases, it is important to look at what securities and index funds the managers invest in, as this affects the returns of these plans. Index funds are very diverse and basically involve passive investing.
“If the number of share plan participants increases by 100%, then the range of offers of these plans will probably expand even more, and if a need arises among the participants, individual pension plans will also be applied to it. However, these are currently only guesses,” according to a/s Pēteris Stepiņš, head of pension and investment sales support at Citadele banka.
Your own strategy
Each pension manager has its own approach to determining asset allocation. Luminor Atis Krūmiņš, manager of asset management and pension companies, states that there are portfolio structures in this aspect in the Latvian market
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2024-08-21 08:36:27