Pension funds
Revenue and expenditure report, report of changes in the fund’s net asset value | |
Estonian Classification of Economic Activities (EMTAK 2008) based on NACE Rev. 2 | |
Financial sector | |
Interest expenses – interest expenses from loans, bonds, finance lease payables and other interest-bearing debt obligations. Interest income – interest income during the accounting period, including bonds at amortized cost, demand and time deposits, overnight deposits, issued loans. Service fee expenses – accounting period expenses for service fee income, including expenses related to outsourcing the management of the fund shares and securities portfolio, fees paid to credit institutions and the registrar and other service fees related to the main activity. Service fee income – accounting period income from services related to fund management, subscription and redemptions of shares, securities portfolio management and investment advisory services offered to clients and other service fees related to the main activity. | |
Mandatory and voluntary pension fund | |
Pension funds that have been licensed by the Financial Supervision Authority FRAME Financial Supervision Authority list of licenced pension funds | |
Estonia as a whole | |
2007–… | |
Not applicable |
DIRECTLY APPLICABLE LEGAL ACTS Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (Text with EEA relevance) Regulation (EC) No 295/2008 of the European Parliament and of the Council of 11 March 2008 concerning structural business statistics (recast) Commission Regulation (EC) No 250/2009 of 11 March 2009 implementing Regulation (EC) No 295/2008 of the European Parliament and of the Council as regards the definitions of characteristics, the technical format for the transmission of data, the double reporting requirements for NACE Rev.1.1 and NACE Rev.2 and derogations to be granted for structural business statistics (Text with EEA relevance) OTHER LEGAL ACTS Not available OTHER AGREEMENTS Statistical Office of the European Union (Eurostat) |
The dissemination of data collected for the purpose of producing official statistics is guided by the requirements provided for in § 32, § 34, § 35, § 38 of the Official Statistics Act. | |
The treatment of confidential data is regulated by the Procedure for Protection of Data Collected and Processed by Statistics Estonia (in Estonian). See more details on the website of Statistics Estonia in the section Õigusaktid. |
Notifications about the dissemination of statistics are published in the release calendar, which is available on the website. Every year on 1 October, the release times of the statistical database, news releases, main indicators by IMF SDDS and publications for the following year are announced in the release calendar (in the case of publications – the release month). | |
All users have been granted equal access to official statistics: dissemination dates of official statistics are announced in advance and no user category (incl. Eurostat, state authorities and mass media) is provided access to official statistics before other users. Official statistics are first published in the statistical database. If there is also a news release, it is published simultaneously with data in the statistical database. Official statistics are available on the website at 8:00 a.m. on the date announced in the release calendar. |
To assure the quality of processes and products, Statistics Estonia applies the EFQM Excellence Model, the European Statistics Code of Practice and the Quality Assurance Framework of the European Statistical System (ESS QAF). Statistics Estonia is also guided by the requirements in § 7. “Principles and quality criteria of producing official statistics” of the Official Statistics Act. | |
Data are collected and processed according to Eurostat’s methodology for structural business statistics. The time-series data are organised and appropriately maintained. |
Users’ suggestions and information about taking these into account are available on the website of Statistics Estonia at http://www.stat.ee/statistikatood. | |
Since 1996, Statistics Estonia has conducted reputation and user satisfaction surveys. All results are available on the website of Statistics Estonia in the section User surveys. | |
Accounting of the financial sector corresponds to the requirements of structural business statistics. |
The data revision policy and notification of corrections are described in the section Principles of dissemination of official statistics of the website of Statistics Estonia. | |
Not applicable |
SURVEY DATA Not used ADMINISTRATIVE DATA Annual data of pension funds is obtained from the websites of fund management companies. From the annual reports the following data is used for structural statistics calculations: income and income division, operating costs, income from issued shares, expenditure from returned shares and the fund´s net asset values. DATA FROM OTHER STATISTICAL ACTIVITIES Not used | |
Annual | |
The data of annual reports are obtained from the websites of pension fund management companies. | |
Not applicable | |
Microdata are aggregated to the level necessary for analysis. The data from administrative sources are converted into statistical output, which includes calculating additional indicators. | |
Not applicable |