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Aware: 2021-10-05 00:01
Photo by Judita Grigelyts (V)
Negative September cut results sharply, but almost all second-tier pension funds were able to get a positive gr. Conservative pension funds are the most likely to retire in a difficult situation due to persistent inflation and interest rate risks.
Added comment from Tadas Gudaiis, Director of the Lithuanian Pension and Investment Fund Association (LIPFA). In the third quarter of the year, 39 to 40 second-life pension funds worked in a positive group. The youngest age groups, the riskiest, pens …
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