From Financial Hardship to Resilience: Finns’ Investments Reach Record Highs

Last year, Finns saw growth in their earnings-related pension assets

The positive performance of the stock market was the primary driver of the growth in investments among Finns last year, according to Työeläkeinsuraktujat Tela. Occupational pension assets increased by a total of 13 billion euros, reaching 251 billion euros overall.

Fixed income investments also contributed to the overall growth of pension assets, yielding reasonably good returns. In contrast to 2020, when Finns saw a decrease in occupational pension assets totaling 17 billion euros, the development in 2021 was much more positive.

Tela attributes this increase in investments to the strong performance of the stock market in the previous year. The significant shift in performance between the two years highlights how investors have become more optimistic about investing opportunities available on the market.

Overall, this growth in investments is a positive sign for Finland’s economy and its future stability. It suggests that people are becoming more confident about their financial security and are willing to invest their money into various markets.

In conclusion, while fixed income investments also contributed to the overall growth of pension assets, it is clear that it was the positive performance of the stock market that drove most of this growth among Finns last year. This trend is likely to continue as investors become more optimistic about investment opportunities available on the market.

Finally, comparing 2021 with 2020 shows a significant shift in performance between these two years. While there was a decrease in occupational pension assets totaling 17 billion euros in 2020, there was an increase of 13 billion euros in occupational pension assets last year.

This trend highlights how Finland’s economy has been able to bounce back from one difficult year (in which many countries were hit by COVID-19) and how it has shown resilience and strength during such uncertain times.

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