Country: Iceland Variable: Land and buildings
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A pension fund is forbidden to invest in real estate or chattels except to the extent that such is necessary for the activities of the fund according to Act No. 129/1997.
Country: Iceland Variable: Land and buildingsOther data characteristics
A pension fund is forbidden to invest in real estate or chattels except to the extent that such is necessary for the activities of the fund according to Act No. 129/1997.
Land and Buildings
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Real estate investment involving direct ownership of land and buildings. This category shall not include investment in real estate funds (both listed and unlisted, such as REITs).
Land and BuildingsKey statistical concept
Real estate investment involving direct ownership of land and buildings. This category shall not include investment in real estate funds (both listed and unlisted, such as REITs).
Pension funds (autonomous)
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The pool of assets forming an independent legal entity that are bought with the contributions to a pension plan for the exclusive purpose of financing pension plan benefits. The plan/fund members have a legal or beneficial right or some other contractual claim against the assets of the pension fund. Pension funds take the form of either a special purpose entity with legal personality (such as a trust, foundation, or corporate entity) or a legally separated fund without legal personality managed by a dedicated provider (pension fund management company) or other financial institution on behalf of the plan/fund members.
Pension funds (autonomous)Key statistical concept
The pool of assets forming an independent legal entity that are bought with the contributions to a pension plan for the exclusive purpose of financing pension plan benefits. The plan/fund members have a legal or beneficial right or some other contractual claim against the assets of the pension fund. Pension funds take the form of either a special purpose entity with legal personality (such as a trust, foundation, or corporate entity) or a legally separated fund without legal personality managed by a dedicated provider (pension fund management company) or other financial institution on behalf of the plan/fund members.
Structure of assets
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Percentage
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Units
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This is the indicator for asset allocation and is expressed as a percentage of total assets. Asset allocation data can be used to assess the extent of diversification of investments.
Structure of assetsUnit of measure usedPercentagePower codeUnitsKey statistical concept
This is the indicator for asset allocation and is expressed as a percentage of total assets. Asset allocation data can be used to assess the extent of diversification of investments.
Country: Iceland
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Overview of private pension system by type of financing vehicle and type of plan in Iceland, and Coverage of the OECD Global Pension Statistics data
Country: IcelandSector coverage
Overview of private pension system by type of financing vehicle and type of plan in Iceland, and Coverage of the OECD Global Pension Statistics data
Overviewhttp://stats.oecd.org/wbos/fileview2.aspx?IDFile=3821ab57-3577-4e05-87dd-72a6ec77ae7f