Locked content KNF the number of pension accounts on the rise

According to data released by the financial market regulator KNF, the number of Individual Pension Accounts (IKE) at end-2016 stood at 902,6k (up from 855,2k in 2015), while the value of funds allocated there increased by 17.9 percent y/y to PLN 6.7 billion. The number of Individual Retirement Insur...

Locked content OFE pension funds to be dissolved in 2018 – Morawiecki

Deputy PM Mateusz Morawiecki said that Poland will implement its planned restructuring of OFE pension funds in 2018, effectively dissolving them. Under the plan announced back in 2016 by the ruling Law and Justice (PiS) government, 25 percent of OFE assets will be transferred to the state-owned Demo...

Locked content November retail treasury bonds sale worth PLN 113.9 million

The month of November saw a decline in retail bond sale, according to ISBnews. In November, PLN 113.9 million in bonds was sold, whereas the month before saw PLN 133.8 million in bonds sold. Short term (two-year) bonds are the most common type of investment, amounting to PLN 49.4 million. The sale o...