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Local equities turn positive

The MSE Equity Total Return Index managed to finish the week 0.8% higher at 7,792.985 points, despite a decline in the share price of Bank of Valletta plc (BOV). A total of 12 equities were active, seven of which registered gains while one lost ground. During this three-day trading week, total turnover was 36% higher than the previous week’s figure, as it stood at €0.64 million. BOV’s board approved the audited financial statements for the financial year ended December 31, 2020. It resolved that these audited financial statements be submitted for the approval of the shareholders at the forthcoming AGM on May 20. The bank reported profit before tax of €15.2 million, versus the previous year’s figure of €89.2 million. However, when adjusted for several specific items, it would increase to €100.7 million – a reduction of €37.4 million or 27% when compared to the previous year.

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BOV reports pre-tax profits of €15 2 million in COVID-impacted year

BOV reports pre-tax profits of €15 2 million in COVID-impacted year
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Malta generalSwedish pensions agency

Swedish premium pension platform authority to be outside Stockholm

By Rachel Fixsen2021-03-12T16:18:00+00:00 The Swedish health and social affairs ministry has announced that the upcoming board authority controlling the reformed premium pension system’s funds platform board authority will be located somewhere outside Stockholm county. The ministry has also announced a reshuffle of the committee of experts serving in the ongoing inquiry into a procured funds platform, or funds marketplace (fondtorg) for the premium pension system – and extended the deadline once more for the work to be completed. The ministry said the government had taken the next step in reforming the country’s system of individual pension accounts – which makes up a proportion of the overall state pension – by commissioning the implementation inquiry to decide where the new board authority for the procured fund market should be located.

Ardalan shekarabiStefan lundberghIngrid albinssonErik franssonMajdi chammasJohan florSwedish pensions agencyStockholm countyCardano insightsSwedish pensionsஜோஹன் மலர்ஸ்டாக்‌ஹோல்ம் கவுண்டிஸ்விட்ச் ஓய்வூதியங்கள்

Swedes get higher state pensions after COVID cuts life expectancy

Swedes get higher state pensions after COVID cuts life expectancy
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Erland ekhedenSwedish pensions agencySwedish pensions agency pensionsmyndighetenStatistics swedenபுள்ளிவிவரங்கள் ஸ்வீடந்

Danish lobby group sees women s pension pots overtaking men s | News

By Rachel Fixsen2021-03-08T16:07:00+00:00 Younger women in Denmark are on track to have larger pension pots than their male contemporaries by the time they retire – even though females retiring now are doing so on pension savings that are a fifth lower than men’s, according to data published on International Women’s Day by the Danish pensions industry association. Kent Damsgaard, chief executive officer of Insurance & Pension Denmark (IPD), said: “Young women have overtaken men in higher education. With education also comes higher wages and greater job security.” According to IPD, women currently reaching pension age on average have pension savings that are 22% lower than men’s, but women who started work in the last ten years – those born between 1980 and 1984 – will have larger volumes of pension savings than their male counterparts when they retire in around 30 years’ time.

Kent damsgaardKristin kirsSwedish pensions agencyDanish research institute for economic analysisInternational women dayInternational womenPension denmarkDanish research instituteEconomic analysisடேனிஷ் ஆராய்ச்சி நிறுவனம் க்கு பொருளாதார பகுப்பாய்வுசர்வதேச பெண்கள் நாள்சர்வதேச பெண்கள்ஓய்வூதியம் டென்மார்க்டேனிஷ் ஆராய்ச்சி நிறுவனம்பொருளாதார பகுப்பாய்வு

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