Pension Fund Statistics – Q1 2022

Publication Date: June 24 2022

Key Points

  • Total assets of the Irish pension fund sector fell by 4 per cent (€5.4 billion) over Q1-2022 to stand at €131.7 billion. Decreases in investment fund shares (€2.8 billion) and financial derivatives (€1.1 billion) accounted for the majority of asset depreciation. Equities also recorded a €303 million decrease in asset values.
  • The vast majority of equity and bond investment funds directly held by Irish pension funds are issued in Ireland and Luxembourg. €10.4 billion of equity fund shares were issued in Ireland, followed by Luxembourg with €957 million. For bond funds, €11 billion were issued in Ireland and €1.8 billion were issued in Luxembourg.[1]
  • Irish occupational pension funds had a total membership of 1.42 million at end-2021, an increase of 3% on the previous year. With 80% of active members, defined contribution schemes are the dominant pension fund type in Ireland. The majority of retired members are currently associated with defined benefit pension funds (97%).

[1] Data relates to detailed reporting population covering approximately 80 per cent of assets in the sector

 

Summary Charts

Chart 1: Total assets of Irish pension funds by instrument type

Total assets of Irish pension funds by instrument type

Chart 2: Irish pension funds’ direct holdings of equity and bond investment funds, by country of issuance – Q1 2022

Irish pension funds’ direct holdings of equity and bond investment funds, by country of issuance – Q1 2022

Notes: Data relates to detailed reporting population covering approximately 80 per cent of assets in the sector.

Chart 3: Membership breakdown for 2021

Membership breakdown for 2021

 

Further Information

Explanatory Notes - Pension Fund Statistics | pdf 281 KB Pension Fund Statistics | xls 31 KB