EEMEA round up: Strong growth in CEE pensions

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EEMEA round up: Strong growth in CEE pensions

Pension markets in central and eastern Europe will grow at 19% a year until 2015, a report published by investment management group Allianz shows. This will constitute a growth in total funds from €51 billion to €245 billion by 2015, fuelled by gradual governmental reform of pension systems that were once monopolized by the state. The proportion of pensioners to working people in the region, the report says, will grow from about 20% now to about 33% in 2035 and about 50% in 2050.

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