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Estonia’s LHV closes money market fund, to focus on pension funds

2002

207,200 people have joined funded pension system
100,000 people have joined funded pension
60,000 people have joined funded pension system
Estonian CSD launched pension index
The Financial Supervisory Authority hopes to register pension funds before the end of May 2002
2+4 funded pension? is it something for me?

100,000 people have joined funded pension

30.09.02

The 100,000th subscriber of Estonian funded pension system was 35 year old Aivar Felding, living in Tallinn. He submitted his subscription application on Monday, 30th of September, at 15.27.

It took 5 month to get to the 100,000 subscribers to Estonian funded pension. “It is a rapid growth that is beyond our early prognoses” said Kaidi Oone, managing director of Estonian CSD.

Estonian CSD will give a special prize to the 100,000th subscriber, which will be handed to Aivar Felding at the investment fair “Rahakompass 2002” on 4th of October at 5 PM at the Estonian National Library.