Finnish pensions giant pulls in healthy return but lags behind on climate targets
An ageing population, a low birth rate and a zero interest rate environment are putting pressure on pension financing in Finland. "It is now important to get the population vaccinated quickly so that we can lift the Covid-19 restrictions and re-open the economy at a fast pace," says Ilmarinen CEO Jouko Pölönen.
Finnish pensions giant Ilmarinen recorded a return of 4.8 percent for the first quarter of 2021, but notes it has not been able to reach all of its climate targets on schedule.
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