KYIV. Sept 18 (Interfax-Ukraine) – Total value of assets of private pension funds in Ukraine as of June 30, 2017 reached UAH 2.249 billion. This is 12.4% more than in H1 2016, according to a posting on the website of the national commission for financial service markets regulation.
The regulator said that total revenue from investment by pension funds grew by 3.8%, to UAH 1.227 billion. Profit from investing assets amounted to UAH 956 million (a 37% rise year-over-year).
The sum of retirement investments grew by 5.3%, to UAH 1.946 billion. Companies invested UAH 1.835 billion (a rise of 4%). Investments from individuals came to UAH 110 million (a rise of 32.5%).
Expenses settled using pension assets grew by 23.4%, reaching UAH 270.8 million for the period of existence of pension funds.
The regulator said that the number of pension contracts signed by administrators of the private pension funds grew by 9.6%, to 66,500 thanks to growth of the number of contracts signed with individuals to 59,000.
The total number of participants of private pension funds was 838,000, including 83,200 (9.9%) receiving pensions.
Pension payments grew by 18.1%, to UAH 682.5 million.
