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Raiffeisen Open Pension Fund reports strong growth and solid investment performance in 2024
The Raiffeisen Open Pension Fund experienced significant growth in 2024, managing nearly 1.3 billion euros and welcoming over 60,000 members, a 7% increase. All investment lines reported positive returns, with the "Dynamic" line achieving 5.3%, reflecting strong equity market performance despite mixed results in bonds.
Raiffeisen Open Pension Fund reports strong growth and rising member enrolments in 2024
Raiffeisen Open Pension Fund's assets grew by €143 million in 2024, reaching approximately €1.3 billion, marking a 12.5% increase. The fund welcomed 4,000 new members, bringing total enrollment to over 60,000, with all investment lines reporting positive returns, led by the "Dynamic" line at 5.3%.
raiffeisen launches renefit to compete with monni bon in south tyrol
Raiffeisen Landesbank has launched "Renefit," a digital voucher system aimed at competing with hds"s "Monni Bon" in South Tyrol. While both offer employee benefits, Renefit allows broader usage at over 25,000 businesses and refunds unused credits to employers, contrasting with Monni"s policy of forfeiting remaining balances. The competition highlights differing approaches to employee vouchers, with both sides acknowledging past collaboration discussions that did not materialize.
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