NPF returns exceed inflation: 2023 Q1 outcomes
19 May 2023
News
All non-governmental pension funds (NPFs) posted positive returns in the first quarter, with most of them demonstrating returns above inflation. The weighted average returns on pension savings were 2.7% (11.1% per annum), on pension reserves — 2.5% (10.2% per annum), whereas inflation was 1.7% (6.9% per annum).
The income of NPFs was mainly derived from the positive revaluation of shares and from coupons on debt securities.
More details are available in the analytical material Non-governmental Pension Funds’ Returns.
Preview photo: Oleg Elkov / Shutterstock / Fotodom