2023 with a plus sign, the numbers

Subscribers increasing4% to 9.6 millionresources allocated to performance a 222.6 billion (+8.2% compared to the 205.6 billion at the end of 2022).
Yields rising: 6.7% in occupational pension funds, 7.9% in open-ended funds and 8.3% for Pips (“new” individual pension plans. These are the numbers from the latest monitoring by the Pension Fund Supervisory Commission (Covip) which analyzes the performance of the forms of supplementary social security over the past twelve months, providing the picture of a 2023 healthy for supplementary pension. During 2023 the amount of contributions collected from trading funds, open funds and PIPs is equal to 14.7 billion euros, growing in 5.7 percent on 2022. The increase is 7.7 percent in the negotiated funds and the 7.4 in open funds, while it is lower in PIPs (2.3 percent).

Pension funds, a plus sign in 2023

In detail, it emerges that at the end of 2023 the existing positions at land pension forms they are complementary 10.7 million, the 4 percent more than at the end of 2022. These positions, which also include those of those who join multiple forms at the same time, correspond to a total of members of 9.610 million (+4 percent).

From returns to subscribers, the numbers

Trading funds recorded 211,000 more positions compared to the end of the previous year (+5.5 percent), for a total that exceeds 4 million. The largest increases continue to be seen in the fund aimed at construction sector (+87,700 positions), recipient of the contractual membership of workers through the payment of a contribution, albeit of a modest amount, paid only by the employer, and into the public employment (+37,600 positions), for which membership is also active through silent consent for newly hired workers; followed by the fund intended for the trade, tourism and services sector (+15,700 positions).

Resources at 222.6 billion (+8.2%)

In shapes market pensions, there are 109,000 more positions in open-ended funds (+5.9 percent) and 83,000 more in PIPs (+2.2 percent); at the end of the year, the total positions outstanding in these forms amounted to 1.950 million and 3.781 million respectively. As mentioned, the resources allocated to performance add up 222.6 billion euros, up by 8.2 For percent compared to 205.6 billion at the end of 2022.

Approximately three-fifths of the increase depended on the improvement in the prices of the securities in the portfolio; the rest is due to contribution flows net of expenditure. Net assets are 67.9 billion euros in trading funds, increased by 11.1 percent compared to the end of the previous year; it stands at 32.6 billion in open funds and 49.9 billion in PIPs, respectively, 16.3 and 9.8 percent more compared to the end of 2022.