Iceland increases assets for pension payments

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ICELAND - Net assets for pension payments increased by ISK200bn (US$2.4bn) during 2007, a report by the Icelandic Financial Supervisory Authority (FME) has found.

This corresponds to an annual increase of 13% or a real increase of 6.97%, as measured above the consumer price index. Premiums also increased from ISK96.1bn (US$1.2bn) in 2006 to ISK145.8bn (US...

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