Other risks

The real economy is expected to show sluggish development in the coming years. The recovery of Finland’s exports has been delayed, our business and trade structures are going through a shift and we face major challenges in the balancing of public finances.

The escalation of Finland’s structural challenges and the moderate economic growth increase the risk that the financing balance of the earnings-related pension system will weaken in the long term and medium term, especially if the pension reform of 2017 does not achieve the goals set for it.

In order to control the risks, Varma co-operates closely with its stakeholders and other players in the field and is developing its processes so that it can react to any changes in the earnings-related pension system on time.