During the 2024 assembly, Assofondipensione announced that over 4 million workers have chosen to invest in the future through 32 pension funds, accumulating 67 billion for their future social security benefits
The newly re-elected president will lead the association until 2027: "Shocking data from Istat on demographic decline, it is necessary to broaden the group of workers who have access to social security"
Covip presented the summary of the assets of pension funds and their financial management in 2022. Here is how and where the approximately 20 Italian pension funds invest
The testimony of the SIM-Italian Military Carabinieri Syndicate at the Assoprevidenza seminar. Presented the book "Pension funds in the public sector" by Professor Francesco Vallacqua
According to the annual report presented by Covip, memberships show a strong gender but also generational gap: only 18,8% of members are under 35
The battle between pension funds and severance pay has been going on for decades: which one is more convenient. 2022, due to the collapse of the stock exchanges in the first half of the year, could overturn the balance of power on the markets.
Despite the high volatility, pension fund returns benefited from the good performance of the financial markets in 2021 – The gap between generations and gender remains
Assofondipensione underlines the need to encourage membership of the supplementary pension to lighten the burden on the public pension, burdened not only by the economic crises but also by the demographic problem
According to an analysis by the Bff Banking Group, the driving forces were the share-type occupational pension funds - Balanced and bond funds were less successful, but still positive
Complementary pension schemes are growing in Italy: one worker in three joins, even though according to the Covip annual report, around one million people have not paid contributions for at least 5 years
Arco, Laborfonds and Pegaso have invested a total of 69 million euros in the funds managed by Fondo Italiano di Investimento Sgr
According to the latest Covip annual report, despite the losses suffered in 2020, on average since 2010 the returns of pension funds still beat (and not just) the revaluation of the TFR - Memberships and contributions are increasing
The agreement entered into between Generali Italia and Cometa, a fund that has over 411.000 members, will be valid for ten years and will involve two guaranteed sectors, the Silente severance indemnity sector and the 2020 Safety sector.
The turbulence on the markets triggered by the pandemic also weighs on supplementary pensions - Covip however underlines that, "compared to the performance of stock lists", the pension fund system "has shown fundamental resilience". Here are the countermeasures
Cassa Depositi e Prestiti, Assofondipensione and Fondo Italiano d'Investimento SGR presented the Real Economy Project which aims at the potential involvement of all private pension funds to invest together with Cdp in order to obtain adequate returns…
The president of the institute, Tridico, relaunches the idea of a public fund for supplementary pensions and Minister Catalfo could talk about it at the end of the month with the unions (who are against) - The voluntary contribution, however, risks endangering the…
The joint project will serve to encourage investment in the real economy and support business development
The Covip annual report shows that both contractual and open-ended pension funds closed in the red, even if the performance over 10 years remains more than positive - The Authority also draws a map of investment choices
According to the latest Covip annual report, in 2017 pension funds yielded on average between 1,9 and 3,3%, against the 1,7% guaranteed by the revaluation of the severance indemnity - However, the costs are variable and still hard to compare - Here comes the…
Those who have spent years putting savings aside in a supplementary pension fund can choose to use the accumulated amount to obtain a bridging income up to the old-age pension - A favorable tax treatment is provided, but beware:…
10 years have passed since the introduction of the possibility of paying severance indemnity into a negotiated pension fund, as an alternative to leaving it with the company. What's the best solution? Here's how things really are
The Alliance of Professionals for Italy presented its "Ideas for the modernization of the country" - Zambroni (Engineers): "We ask to resort to the labor process ritual for disputes with clients" - Also proposed changes to the regime of least…
INTERVIEW with ANDREA LESCA, Head of Networks and Corporate Welfare at Intesa Sanpaolo Vita - "Pension funds have three competitive advantages but have a different horizon than PIRs" - Why it is convenient to pay severance pay to the pension fund - Low costs,…
Assofondipensione's Shareholders' Meeting today in Rome: presentation of the 2017 Report - Memberships +12,7% in the last three years - Social security education and communication to stimulate new registrations - Returns: +29,1% the average of the last 5 years (2012- 2016) against 8,9% revaluation…
Public welfare checks will be increasingly lower and further away and this is why it is necessary to think in time about a supplementary pension - A horizon that especially affects the new generations - The severance pay, the concessions…
According to the latest Covip report, 90% of the under 35s choose a bonded or balanced guaranteed pension fund but it is by no means certain that it is the most appropriate choice - Here's what the data say
From the Global Thinking Foundation's "WORDS OF ECONOMY AND FINANCE" financial education glossary - Alongside compulsory social security, destined to decline due to scarcity of resources and complex demographic effects, they are gradually gaining ground in our country…
Electricity and gas bills: the free market starts on 1 July 2019, a real revolution in the energy sector. News also for motor liability insurance, pharmacies, professionals' fees, telephone contracts and much more: this is what the approved bill contains…
FOCUS BNL - By virtue of the silent assent on the transfer of severance pay to pension funds, in 10 years the assets of supplementary pensions in Italy have tripled and members of pension funds have doubled
The European Commission proposes to create new supplementary pension tools that can be subscribed throughout the Union - The goal is to increase competition to lower costs and ensure that more and more Europeans invest in supplementary pensions
COVIP REPORT (FULL TEXT ATTACHED IN PDF) - Last year the average yield was 2,7% for traded funds and 2,2% for open-ended funds against a revaluation of the severance indemnity net of the taxes of the '1,5%
The decree arrives in the Chamber in the Chamber (where the Government has placed its trust), then it will pass in the Senate and must be converted by June 23 - Among the changes introduced in the committee also news on sector studies, disputes ...
This is foreseen by an amendment to the maneuver-bis approved by the Commission. The exclusion of social security funds from the bail-in is one of the main points of the text that will arrive in the Chamber of Deputies for the general discussion. The autonomous social security funds are not included in the exclusion but…
The Government plans to extend the range of action of the PIRs to pension funds - The aim is to convey pension savings to small and medium-sized Italian companies - Casero, Deputy Minister of Economy: "They will be renamed as Plans…
FROM MORNINGSTAR.IT - The supplementary pension funds have very different commission profiles depending on their type and investment policy. Costs are among the factors that most affect final returns - Plus the period of…
FOCUS BNL - In the Eurozone, the diversification of external sources of financing is increasing: corporate bonds, investment funds, insurance companies, pension funds and self-financing - In Italy, SMEs bet on minibonds, on the Aim Italia of Piazza Affari and on the Fondo…
Assofondipensione, which represents 32 category pension funds with over two million members, points out that the assets of the funds themselves are safe: here's why.
Regionally, Funds in North America have had the highest growth rate (approx. 5%) over the last 6 years compared to Funds in Europe (4%) and Asia (approx. 1%).
After the discount launched last year, the government is studying further tax relief on the returns of pension funds and social security funds that support businesses in Italy. The measure could enter the 2017 Budget Law
The measure, which could form part of the manoeuvre, introduces the possibility for subscribers of supplementary pension funds to request the disbursement of an income before the requisites for receiving the pension have matured.
An astronomical red for the largest pension fund in the world which, however, despite the collapse, continues to have assets in its portfolio worth 130 trillion yen, equal to 1.135 billion euros - In just six…
According to The Economist 85% of UK private pension funds are in trouble due to central bank monetary policies - And reckless hunting for compensating returns in DIY equity investments can lead to more trouble
FOCUS BNL: participation in supplementary pension schemes in Italy still appears limited with only 7,3 million members in 2015 - For pension schemes and private pension institutions, the Stability law introduced some measures in 2015…
From hypotheses to increase the flexibility of the pension loan, from the reduction of taxes on pension funds to the possibility of extending the women's option to men, passing through the already approved measure of subsidized part-time for the over 60s:…
Through an enabling law, the Executive wants to reorganize the tools to support the family and it is not excluded that baby bonuses and deductions can be concentrated on the second child, in order to encourage the birth rate - A partial march is also possible...
According to the report by "Itinerari previdenziali", in 2014 the pension balance was negative by 26,5 billion - The management of Merchants, workers in the entertainment industry and para-subordinates was positive - The coffers of freelancers were doing well, except those…
