Finland:Financial Sector Assessment Program-Technical Note on Non-Bank Financial Intermediation and Pension Insurance Companies

Author: International Monetary Fund. Monetary and Capital Markets Department

Finland: Financial Sector Assessment Program-Technical Note on Non-Bank Financial Intermediation and Pension Insurance Companies

Volume/Issue: Volume 2023 Issue 064

Publication date: February 2023

ISBN: 9798400229893

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , Finance , Money and Monetary Policy , Public Finance , International - Economics , PIC equity investment , PIC asset allocation , Pension insurance company , pension insurance company Market , FSAP's finding , finance disclosure Regulation , investment allocation , Pension spending , Solvency , Pensions , Insurance companies , Insurance , Global , Europe

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Summary

This note evaluates non-bank financial institutions (NBFI) as a sector in Finland, with a special focus on the pension insurance companies (PIC). The analysis was undertaken against the backdrop of the war in Ukraine, the energy crisis, and rising central bank interest rates in the face of a sustained inflationary surge and the aftermath of the COVID-19 pandemic.