Private Pension Savings 13.7 Billion in 2023
Summary by Kringvarp Føroya
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1 Articles
The private pension savings of the Faroese were ISK 13.7 billion in 2023. The private pension savings in the Faroese pension companies or financial institutions were ISK 10.1 billion in 2023. ISK 6.4 billion is pre-taxed, and ISK 3.6 billion must be paid. In addition, the Faroese had private pension savings in Danish pension companies worth ISK 3.1 billion, writes Landsbankinn. They shall all be taxed on payment. Private pension savings corres…
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