Irish market fares best of the seven EU markets studied in report despite pension assets falling 11% last year
“Last year we experienced, to an extent, a global polycrisis where various risks combined, were amplified as a result, and manifested in significant asset falls,” said Thinking Ahead Institute head Marisa Hall.
Ireland fared well by comparison with other countries in the report. Over the past 10 years, Irish pension funds have delivered compound annual growth rates of 4.6 per cent, with assets jumping from $106 billion in 2012 to an estimated $166 billion despite the setback for pension funds last year.That compares with an average for 4.2 per cent across all the markets studied, placing Ireland as the seventh most successful in terms of average growth of the 22 large pension markets over that decade.
Among the EU states studied in the report, Germany, France and Spain all reported negative annual growth rates while Italy and the Netherlands grew.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The luxury Irish design destination that celebrates Irish textilesDeirdre McQuillan: From socks and scarves to handknits and gloves, Stable have a fresh approach to traditional design
Read more »
Pete Davidson discovered his father died on 9/11 in the most heartbreaking waySaturday Night Live comedian Pete Davidson harrowingly discovered his father, who was a firefighter working at the World Trade Centre at the time, died on 9/11
Read more »
September 11: Today's top stories in 60 secondsFrom a €1bn peace fund for NI to Spanish FA president Luis Rubiales' resignation, here is the September 11 news bulletin.
Read more »
Sarah Ferguson 'counts every day as blessing' after almost dying in 9/11 attacksSarah Ferguson, the Duchess of York, was in New York on 9/11 and had been headed to the World Trade Centre for a meeting at one of her charities until fate intervened
Read more »
Dublin SFC: Ballymun Kickhams to face champions Kilmacud-Crokes in quarter-finalSt Vincent’s end the hopes of 2022 Dublin senior football championship runners-up Na Fianna
Read more »
Ad space for sale in Christmas RTÉ Guide amid ‘challenging’ conditionsCirculation of weekly magazine declined 10% in 2022 with advertising revenues also falling
Read more »