LGPI turns to technology to cut costs and lift returns

clock

FINLAND - Finland's huge Local Government Pensions Institution (Kuntien eläkevakuutus or LGPI) has taken part in a study which shows that pensions schemes can cut costs and boost returns by automating their back-office operations.

The e13bn LGPI implemented the Finance KIT from software solutions provider, Trema, in January 2002. The solution allows schemes to streamline their business processes by using a single system to c...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Finland

VER up 5.3% in Q1

FINLAND - Valtion Elåkerahasto (VER), Finland's state pension fund, gained 5.3% during the first quarter on the back of its equity investment performance.

clock 06 May 2010 •

Neste Oil transfers scheme to OP Life Assurance

FINLAND - Neste Oil will transfer is supplementary pension plans to insurer OP Life Assurance, the firm said today.

clock 12 January 2010 •

Pension funds invest in Finnish bonds

FINLAND - European pension funds scooped up nearly a fifth of Finland's recent €3bn (US$4.4bn) bond issuance, the State Treasury said.

clock 13 October 2009 •
Trustpilot